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Property profile & analytics
OFF-MARKET
Estimated value
$8,185,000
Gas stations
18590 Skipper Ln, Morgan Hill, CA 95037
Entity Owned
Free & Clear
Property ID
US09-5363782
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2021
Total area
3,700 SF
Lot
1.34 ac (58,370 SF)
Zoning code
PUD
APN
726-58-005
UPID
US09-5363782
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
$7.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.75M
Blend (final)
Blend
$8.19M
Owner & transaction history
Morgan Hill Real Estate Investments
Morgan Hill Real Estate Investments
since 2025
Last sale
$8.0M
4 recorded transactions
Zoning & alternative use
PUD · 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
$8,045,000
ML approach
$7,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.19M
Range $7.37M – $9.00M · ±10% · vs last sale $8.03M (Jul 24 2025)
Last sale anchor
$8.03M
Jul 24 2025
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
$2,212 / 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
$53,258
Tax year 2024
Assessed value
$4,598,568
Assessed 2024
Previous assessed
$4,598,568
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,736,252
Assessed improvement
$1,862,316
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2021
Heating
NONE
Stories
1
Units
1
Total area
3,700 SF
Lot
1.34 ac (58,370 SF)
Zoning code
PUD
APN
726-58-005
UPID
US09-5363782
Jurisdiction
SANTA CLARA
Zoning & alternative use
PUD · Morgan Hill, CA
Zoning PUD · permitted uses
PUD · 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
2021
Heating
NONE
Stories
1
Units
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Morgan Hill Real Estate Investments
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 711, DALLAS, TX 75221-0711
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
$8,032,000
Morgan Hill Real Estate Investments
Maiden Ln Investments LLC
Grant Deed
—
Jan 11, 2022
$8,550,000
Maiden Ln Investments LLC
Mmcg Sei Morgan Hill LLC
Grant Deed
$5,130,000 · Valley National Bank
Dec 22, 2021
—
7 Eleven Icn
Mmcc Sei Morgan Hill LLC
Lease
—
Sep 28, 2020
—
Mmcg Sei Morgan Hill LLC
Evergreen Butterfield & Cochrane Ll
Grant Deed
$4,824,000 · Frost 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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