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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Industrial properties
16170 Vineyard Blvd Morgan Hill, CA 95037-5498
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3021581
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1997
Construction
TILT-UP CONCRETE
Total area
10,752 SF
Lot
0.81 ac (35,283 SF)
Zoning code
MH
APN
817-05-050
UPID
US10-3021581
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Altanova Manufacturing Industrial Manufacturer
-
Intertek PSI Morgan Hill Engineering Consultant
-
NewPath Landscape Services Inc. Landscaping General Contractor
-
Animal Damage Management Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.35M
Owner & transaction history
Vanni Investments II LLC · 3 yrs held
Vanni Investments II LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
MH · Morgan Hill, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Morgan Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morgan Hill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,350,000
ML approach
$1,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.38M (Mar 8 2023)
Last sale anchor
$1.38M
Mar 8 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$126 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$38,728
Tax year 2024
Assessed value
$3,355,290
Assessed 2024
Previous assessed
$3,355,290
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$806,310
Assessed improvement
$2,548,980
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
2
Total area
10,752 SF
Lot
0.81 ac (35,283 SF)
Zoning code
MH
APN
817-05-050
UPID
US10-3021581
Jurisdiction
SANTA CLARA
Zoning & alternative use
MH · Morgan Hill, CA
Zoning MH · permitted uses
MH · Morgan Hill, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morgan Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
Vanni Investments II LLC
Entity
Free & Clear · 3 yrs held
Mailing address
8080 SANTA TERESA BLVD STE #210, GILROY, CA 95020-3866
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2023
—
Vanni Investments II LLC
Donald E Vanni
Intrafamily Transfer
related
—
Jan 25, 2023
—
Donald E Vanni
Donald E Vanni
Intrafamily Transfer
related
—
Oct 31, 2019
—
16170 Vineyard LLC
—
Deed
related
$512,500 · Cogent Bank
Oct 21, 2019
$1,025,000
16170 Vineyard LLC
Amir Safakish
Grant Deed
$512,500 · Cogent Bank
Apr 6, 2004
$1,380,000
Vanni,tr
Donton Constructon INC
Grant Deed
$952,000 · South Valley National Bank
Oct 7, 2002
$485,024
Donton Construction INC
Allivato,james J
Trustees Deed
—
Apr 13, 1999
—
James J Allivato
Allivato,linda
Quit Claim Deed
related
—
Apr 13, 1999
$1,100,000
Allivato,james J
Nicholason Family Partnership
Trustees Deed
$550,000 · Heller Financial
—
—
Vanni,donald E & S L Trust
—
Deed Of Trust
related
$750,000 · Heritage Bk/commerce
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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