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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Office buildings
17590 Del Monte Ave Morgan Hill, CA 95037
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2745009
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
WOOD
Total area
3,120 SF
Lot
0.28 ac (12,400 SF)
Zoning code
CC
APN
767-07-004
UPID
US09-2745009
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$890k
Owner & transaction history
West Meino Investment LLC · 14 yrs held
West Meino Investment LLC
since 2011
7 recorded transactions
Zoning & alternative use
CC · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$890k
Range $801k – $979k · ±10%
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
$285 / 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
$6,765
Tax year 2024
Assessed value
$458,450
Assessed 2024
Previous assessed
$458,450
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$314,009
Assessed improvement
$144,441
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Units
7
Total area
3,120 SF
Lot
0.28 ac (12,400 SF)
Zoning code
CC
APN
767-07-004
UPID
US09-2745009
Jurisdiction
SANTA CLARA
Zoning & alternative use
CC · Morgan Hill, CA
Zoning CC · permitted uses
CC · 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
1975
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
7
Lot
0.28 ac
Current owner
From public records · entity-resolved
West Meino Investment LLC
Entity
Mailing address
90 W MAIN AVE STE #8, MORGAN HILL, CA 95037-4532
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Jul 25, 2011
—
West Meino Investment LLC
Brown D & J 2000 Family Trust
Grant Deed
—
May 11, 2011
$365,000
Dwayne B Brown
George Bianchi Construction INC
Grant Deed
$182,500 · Jpmorgan Chase Bank NA
Nov 22, 1995
$98,500
Bianchi Construction INC
Darpino,nick & Rae
Grant Deed
$98,500 · Seller
Oct 12, 1995
—
Nick Darpino
Macias,ernest R & Elizabeth V
Quit Claim Deed
related
—
May 15, 1991
$133,500
Ernest Macias
George Bianchi C
Grant Deed
$98,000 · George Bianchi C
Nov 30, 1990
$270,000
Bianchi C George
Bianchi,g.&l.
Grant Deed
related
$172,000 · Individual
Oct 31, 1989
—
Georg Bianchi JR.
Prime JR,j.&p.
Grant Deed
related
—
—
—
West Meino Investment LLC
—
Deed Of Trust
related
$182,500 · J P Morgan Chase Bank
—
—
George Bianchi Construction
—
Deed Of Trust
related
$400,000 · Borel Private Bank & Trust Co
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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