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Property profile & analytics
FOR LEASE
Office buildings
18525 Sutter Blvd 280 Morgan Hill, CA 95037
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2003913
For Lease
1 / 19
$5,608/Mo
18525 Sutter Blvd,Unit 280, Morgan Hill, CA 95037
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
WOOD FRAME
Total area
30,276 SF
Lot
2.26 ac (98,445 SF)
Zoning code
ML
APN
726-32-022
UPID
US09-2003913
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
-
Admi Inc Construction Company General Contractor
-
U.S. Bank-Stewart Reichardt-Mortgage Loan Officer Loan Service Bank
-
U.S. Bank-Daniel Emerson-Mortgage Loan Officer Loan Service Bank
-
Michelle Cockrell- Planet Home Lending Loan Service Bank
-
U.S. Bank: Banipal Betparoo Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.96M
Owner & transaction history
Strategic Equity Investments LLC · 4 yrs held
Strategic Equity Investments LLC
since 2022
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
ML · 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
$2,030,000
ML approach
$2,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.96M
Range $1.76M – $2.16M · ±10% · vs last sale $1.85M (Apr 18 2022)
Last sale anchor
$1.85M
Apr 18 2022
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
$65 / 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
$90,119
Tax year 2024
Assessed value
$7,774,893
Assessed 2024
Previous assessed
$7,774,893
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,931,648
Assessed improvement
$5,843,245
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
For Lease
Year built
2002
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
2
Total area
30,276 SF
Lot
2.26 ac (98,445 SF)
Zoning code
ML
APN
726-32-022
UPID
US09-2003913
Jurisdiction
SANTA CLARA
Zoning & alternative use
ML · Morgan Hill, CA
Zoning ML · permitted uses
ML · 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
2002
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
2.26 ac
Current owner
From public records · entity-resolved
Strategic Equity Investments LLC
Entity
Mailing address
305 VINEYARD TOWN CTR #380, MORGAN HILL, CA 95037-5674
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Apr 18, 2022
$1,847,500
Strategic Equity Investments LLC
Avalon Equity Investments LLC
Grant Deed
$3,695,000 · Bank Of Marin
Nov 5, 2012
$6,440,000
Strategic Equity Invs LLC
South Valley-venture LLC
Grant Deed
—
Nov 5, 2012
—
Avalon Equity Investments LLC
—
Deed Of Trust
related
$4,830,000 · Rabobank
Dec 6, 2000
—
South Valley-venture LLC
Morgan Hill Dev Partners LP
Grant Deed
$5,095,000 · Heritage Bank Of South Valley
—
—
Valley-venture Llcv South
—
Deed Of Trust
related
$4,500,000 · South Valley 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.
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