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Property profile & analytics
FOR SALE
Industrial properties
358 Digital Dr Morgan Hill, CA 95037
Individually Owned
Absentee Owner
Free & Clear
Property ID
US10-3249829
For Sale
1 / 14
$1,495,000
358 Digital Dr, Morgan Hill, CA 95037
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2003
Construction
CONCRETE
Total area
3,932 SF
Lot
0.26 ac (11,265 SF)
Zoning code
M
APN
726-47-014
UPID
US10-3249829
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
-
HouseKeys Construction Company General Contractor
-
Lafayette BMR Housing Development
-
City of San Luis Obispo Housing Programs Housing Authority
-
Bartlett Educational Resources High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.26M
Owner & transaction history
Subramanian Gunasekaran
Subramanian Gunasekaran
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
M · Morgan Hill, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.0M
+103.0%
Warehouse, storage
$1.4M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,095,000
6.5%
$1,010,000
7%
$940,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$965,000
Current use
RETAIL STORES
$1,955,000
Change: +103% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,400,000
Change: +45% · Conversion: Easy
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10% · vs last sale $1.44M (Jun 9 2025)
Last sale anchor
$1.44M
Jun 9 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
$319 / 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
$9,811
Tax year 2024
Assessed value
$842,465
Assessed 2024
Previous assessed
$842,465
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$371,154
Assessed improvement
$471,311
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
For Sale
Year built
2003
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Total area
3,932 SF
Lot
0.26 ac (11,265 SF)
Zoning code
M
APN
726-47-014
UPID
US10-3249829
Jurisdiction
SANTA CLARA
Zoning & alternative use
M · Morgan Hill, CA
Zoning M · permitted uses
M · 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
$965,000
RETAIL STORES
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
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
2003
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
Subramanian Gunasekaran
Individual
Free & Clear · 0 yrs held
Mailing address
14810 BARTLETT CT, SAN MARTIN, CA 95046-9556
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
—
Subramanian Gunasekaran
Subramanian Gunasekaran
Deed
related
—
Jan 22, 2026
—
Subramanian Gunasekaran
Subramanian Gunasekaran
Deed
related
—
Sep 9, 2025
$1,435,000
Subramanian Gunasekaran
Blue Sequoia LLC
Grant Deed
—
May 15, 2015
$715,000
Sequoia LLC
Stanley R & D Living Trust
Grant Deed
$572,000 · Bank Of America
Aug 14, 2003
$700,000
Stanley,tr
Digital Island INC
Grant Deed
$350,000 · Comerica Bank
—
—
Sequoia LLC
—
Deed Of Trust
related
$120,000 · Bank Of America
—
—
Stanley,r & D Living Trust
—
Loan Modification
related
$350,000 · Comerica 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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