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Property profile & analytics
FOR LEASE
Manufacturing properties

16495 Vineyard Blvd Morgan Hill, CA 95037

3,722 SF 2.17 ac lot Built 1958
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US09-5394591
Property summary
AI-generated overview

This exceptional 6,500 square foot property, located at 16495 Vineyard Blvd in Morgan Hill, California, presents a unique opportunity for businesses seeking versatile commercial space. The building is zoned MG-General Industrial and sits on a generous 2.279-acre lot, offering ample room for expansion or outdoor operations. Currently, there are multiple tenants, with 4,200 square feet of executive office and warehouse space immediately available for lease. The property's classification as both office and industrial allows for a wide range of potential uses, catering to businesses requiring both administrative space and storage or production areas. The building's total square footage is 6,500 square feet, providing significant capacity for growth. Situated in Santa Clara County, with a zip code of 95037, this location offers convenient access to major transportation routes and a thriving business community. The property's versatility, combined with its strategic location, makes it an ideal choice for companies seeking a functional and well-situated workspace. Interested parties are encouraged to inquire about lease terms and availability for the 4,200 square feet of vacant space. This is a rare opportunity to secure a substantial and adaptable commercial property in a desirable location.

Property profile
Verified
Property type Manufacturing properties
Use group CHEMICAL
Year built 1958
Construction WOOD
Total area 3,722 SF
Lot 2.17 ac (94,707 SF)
Zoning code ML
APN 817-02-043
UPID US09-5394591
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
  • Milpitas Chamber Association Or Organization
  • Apollo Seeds Agricultural Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k
Owner & transaction history
Tansy Dev INC · 21 yrs held
Tansy Dev INC
since 2005
6 recorded transactions
2005
$800,000
2003
$650,000
2002
$700,000
2001
Price N/A
2001
$700,000
1969
Price N/A
Zoning & alternative use
ML · Morgan Hill, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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