Entity Owned Property summary
AI-generated overview
This exceptional Class A office space, situated within the prestigious Heritage Business Park in Morgan Hill, California, presents a unique investment opportunity. Located at 18625 Sutter Blvd, near Cochrane Rd, this single-story building boasts a total of 26,520 square feet, with 2,614 square feet currently available for lease. The property sits on a generous 2.23-acre lot and was constructed in 1999. The building offers ample parking, with a ratio of 4 spaces per 1000 square feet. Ideal for executive offices, research and development, or professional office uses, this space is perfect for a business seeking a modern and efficient workspace in a highly desirable location within Santa Clara County. The property's convenient location in Morgan Hill, CA 95037, provides easy access to major transportation routes and amenities. The available space is part of a multi-tenant building, offering a collaborative and professional environment. This is a rare opportunity to secure high-quality office space in a thriving business park. The property's Class A designation reflects its superior construction, amenities, and location. Don't miss this chance to establish your business in this sought-after area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
TILT-UP CONCRETE
Total area
26,520 SF
Lot
2.23 ac (97,138 SF)
Zoning code
M
APN
726-33-017
UPID
US09-2820914
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Advertising Agency Marketing & Advertising
-
Medical Clinic
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$8.55M
Owner & transaction history
since 2021
Last sale
$8.5M
3 recorded transactions
Zoning & alternative use
M · Morgan Hill, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$8.55M
Value range
$7.70M – $9.41M
±10% around blend
Estimated value / SF
$322 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
50
$7.70M
blend $8.55M
$9.41M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
26,520 SF
Lot area
2.23 ac
Year built
1999
Stories
1
APN
726-33-017
Zoning
M
Assessed value
$8,843,400
Annual tax
$102,430
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$4.86M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
20.0 mi away · 23,500 SF
20.0 mi away · 20,480 SF
21.4 mi away · 22,659 SF
24.5 mi away · 25,879 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.55M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 804 sales
$594
-46%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $322/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.50M
Move the market yield to see immediate price impact.
Value / SF
$321
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$536k
$10.71M
$7.65M
$5.95M
$595k
$11.90M
$8.50M
$6.61M
$655k
$13.09M
$9.35M
$7.27M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$7.82M
18.3 mi · Sep 2025 · $378/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$102,430
Tax year 2024
Assessed value
$8,843,400
Assessed 2024
Previous assessed
$8,843,400
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,537,360
Assessed improvement
$5,306,040
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
26,520 SF
Lot
2.23 ac (97,138 SF)
Zoning code
M
APN
726-33-017
UPID
US09-2820914
Jurisdiction
SANTA CLARA
Zoning & alternative use
M · Morgan Hill, CAZoning M · permitted uses
M · Morgan Hill, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M
Jurisdiction
Morgan Hill, CA
Recorded code
M
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M in Morgan Hill, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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