Property profile

1600 Barrett Ave Morgan Hill, CA 95037

FOR SALE
Vineyards
Property ID
US09-0322247
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Property summary

AI-generated overview

Beautiful parcel in Morgan Hill, close to everything! This is your chance to own 50% of 10 acres = approx. 5 acres for your hobby farm, vineyard, or lease out to local produce farmers. Shared well with well agreement in place. Electric available at the street. Property is fenced with separate gate access to this half of the parcel. Existing home and outbuildings to the west side are not included. The property is currently leased for conventional row crop farming, providing ongoing agricultural use and upkeep. Excellent opportunity for investors to lease out or landbank, or for those seeking a rural farming lifestyle with strong income potential! (boundary lines shown are approximate)

Property profile

Verified
Property type Vineyards
UPID US09-0322247

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1600 Barrett Ave Morgan Hill, CA 95037
Morgan Hill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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