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Property profile & analytics
OFF-MARKET Estimated value $8,580,000
Office buildings

18625 Sutter Blvd Morgan Hill, CA 95037-2862

26,520 SF 2.23 ac lot Built 1999
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2820914
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NewEra Software, Inc. (Bike/Boat/Book/etc) Store Corporate Office
  • Christofer Communications Inc Advertising Agency Marketing & Advertising
  • Select Physical Therapy - Morgan Hill Medical Clinic
  • Computrust Software (Bike/Boat/Book/etc) Store Corporate Office
  • Realty ONE Group - Tom Duggan IV Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.35M
Blend (final) Blend
$8.58M
Owner & transaction history
Jsl Properties LLC · 4 yrs held
Jsl Properties LLC
since 2021
Last sale
$8.5M
3 recorded transactions
2021
$8.5M
2017
Price N/A
1969
Price N/A
Zoning & alternative use
M · Morgan Hill, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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