New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,435,000
Industrial properties
220 Vineyard Ct Morgan Hill, CA 95037-7140
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2291910
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2001
Construction
TILT-UP CONCRETE
Total area
14,119 SF
Lot
0.9 ac (39,378 SF)
Zoning code
ML
APN
817-05-074
UPID
US09-2291910
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
-
Mainstream Technology Consultants IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Miller Networks Inc IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Alfred V. Reuter Accountancy Corp. Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.39M
CAP Approach
CAP
$3.63M
Comparable Approach
Comparable
$4.61M
Blend (final)
Blend
$3.44M
Owner & transaction history
Jose Luis Ochoa · 1 yrs held
Jose Luis Ochoa
since 2025
7 recorded transactions
Zoning & alternative use
ML · Morgan Hill, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$5.0M
+45.1%
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
$3,295,000
ML approach
$3,385,000
CAP Approach
CAP Return
Estimation
6%
$3,930,000
6.5%
$3,625,000
7%
$3,365,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,460,000
Current use
WAREHOUSE, STORAGE
$5,020,000
Change: +45% · Conversion: Easy
Blend value · Realmo final
$3.44M
Range $3.09M – $3.78M · ±10%
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
$243 / 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
$42,263
Tax year 2024
Assessed value
$3,661,166
Assessed 2024
Previous assessed
$3,661,166
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$902,026
Assessed improvement
$2,759,140
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
14,119 SF
Lot
0.9 ac (39,378 SF)
Zoning code
ML
APN
817-05-074
UPID
US09-2291910
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.5M
WAREHOUSE, STORAGE
Est. value
$5.0M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Jose Luis Ochoa
Individual
Mailing address
4600 MERITAGE CT, GILROY, CA 95020-8849
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
Jose Luis Ochoa
Jose Luis Ochoa
Deed
related
—
Apr 24, 2025
—
Jose Luis Ochoa
Ochoa Management Group LLC
Grant Deed
—
Sep 28, 2022
—
Ochoa Management Group LLC
—
Deed
related
$2,000,000 · Avidbank
Apr 9, 2021
$3,450,000
Ochoa Management Group LLC
220 Vineyard Court LLC
Grant Deed
$2,500,000 · Bank Of The West
Oct 29, 2019
—
220 Vineyard Court LLC
—
Deed
related
$500,000 · Pinnacle Bk
Jun 25, 2018
—
220 Vineyard Court LLC
—
Deed
related
$1,500,000 · Pinnacle Bk
Jun 20, 2018
—
220 Vineyard Court LLC
—
Deed
related
$400,000 · Pinnacle Bank
May 4, 2018
—
220 Vineyard Ct LLC
—
Deed
related
$1,500,000 · Pinnacle Bank
May 31, 2017
—
220 Vineyard Court LLC
—
Deed
related
$375,000 · Pinnacle Bank
—
—
220 Vineyard Court LLC
—
Loan Modification
related
$500,000 · Pinnacle Bk
—
—
220 Vineyard Court LLC
—
Deed Of Trust
related
$1,885,000 · Heritage Bank Of Commerce
—
—
220 Vineyard Court LLC
—
Deed Of Trust
related
$760,000 · Heritage Bk/commerce
—
—
Owner Name Unavailable
—
Deed Of Trust
related
$1,500,000 · Pinnacle Bk/sioux Cty
—
—
220 Vineyard Court LLC
—
Deed Of Trust
related
$1,500,000 · Pinnacle Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 220 Vineyard Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
