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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Assisted living facilities
18217 Hale Ave Morgan Hill, CA 95037-3550
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-2557367
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1967
Total area
17,989 SF
Lot
1.63 ac (71,095 SF)
Zoning code
R4
APN
764-32-056
UPID
US09-2557367
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
-
Shawnee Deck Registered General Nurse
-
Andrea Gomez Registered General Nurse Counselor
-
Hannah Fisher Counselor Psychologist
-
Hallouma Ghrairi Counselor Psychologist
-
Maria Malicdem Registered General Nurse
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Neuva Vista LLC · 14 yrs held
Neuva Vista LLC
since 2012
5 recorded transactions
Zoning & alternative use
R4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$29 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$3,621,838
Assessed 2023
Previous assessed
$3,550,823
+2.0% YoY
Assessed land
$1,433,039
Assessed improvement
$2,188,799
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1967
Heating
NONE
Buildings
4
Stories
1
Total area
17,989 SF
Lot
1.63 ac (71,095 SF)
Zoning code
R4
APN
764-32-056
UPID
US09-2557367
Jurisdiction
SANTA CLARA
Zoning & alternative use
R4 · Morgan Hill, CA
Zoning R4 · permitted uses
R4 · 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
1967
Heating
NONE
Stories
1
Buildings
4
Lot
1.63 ac
Current owner
From public records · entity-resolved
Neuva Vista LLC
Entity
Mailing address
18225 HALE AVE, MORGAN HILL, CA 95037-3547
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2025
—
Nueva Vista LLC
—
Deed
related
$5,000,000 · Heritage Bank Of Commerce
Sep 29, 2016
—
Nueva Vista LLC
—
Deed
related
$1,200,000 · Woerner E W Trust (rt)
Jan 30, 2012
$3,000,000
Neuva Vista LLC
Llagas Valley Investments LLC
Grant Deed
$1,050,000 · Llagas Valley Investments LLC
—
—
Nueva Vista LLC
—
Deed Of Trust
related
$2,915,353 · Llagas Valley Investments LLC
—
—
Nueva Vista LLC
—
Deed Of Trust
related
$1,200,000 · Woerner E W Trust (rt)
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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