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Property profile & analytics
FOR LEASE
Manufacturing properties
18145 Peet Rd, Morgan Hill, CA 95037
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3059296
For Lease
1 / 2
$0.22 SF/Yr
18145 Peet Rd, Morgan Hill, CA 95037
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
7.06 ac (307,533 SF)
Zoning code
A-40A
APN
728-33-004
UPID
US10-3059296
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
-
Jonathan Trucking & Pale Trucking Company
-
International Truck Driving School Vocational School
-
Precast Only Inc. Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Focus Pb LLC · 1 yrs held
Focus Pb LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
A-40A · 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
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Oct 8 2024)
Last sale anchor
$1.25M
Oct 8 2024
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
—
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
$22,323
Tax year 2024
Assessed value
$1,742,378
Assessed 2024
Previous assessed
$1,742,378
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,672,693
Assessed improvement
$69,685
Applied tax rate
87.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Heating
NONE
Lot
7.06 ac (307,533 SF)
Zoning code
A-40A
APN
728-33-004
UPID
US10-3059296
Jurisdiction
SANTA CLARA
Zoning & alternative use
A-40A · Morgan Hill, CA
Zoning A-40A · permitted uses
A-40A · 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
Heating
NONE
Lot
7.06 ac
Current owner
From public records · entity-resolved
Focus Pb LLC
Entity
Free & Clear · 1 yrs held
Mailing address
126 CHIFFON, IRVINE, CA 92618-1152
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2024
—
Focus Pb LLC
Harsadkumar G Patel
Quit Claim Deed
related
—
Jul 14, 2003
$1,250,000
Harsad G Patel
Camino Cortina LLC
Grant Deed
—
Jul 14, 2003
—
Anil Bhatt
Bhatt,darshna
Quit Claim Deed
related
—
Jun 10, 2003
—
John J Kilcoyne
Trumpp,armand & Diane L
Grant Deed
related
—
Jun 9, 2003
$1,250,000
Camino Cortina LLC
Kilcoyne,john J
Grant Deed
$450,000 · John J Kilcoyne
Jun 9, 2003
—
John J Kilcoyne
Kilcoyne,lisa E
Quit Claim Deed
related
—
Mar 11, 1993
—
John Kilcoyne
Kilcoyne,john J
Quit Claim Deed
related
—
—
—
Harsad G Patel
—
Deed Of Trust
related
$500,000 · San Jose National Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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