455 Barrett Ave Morgan Hill, CA 95037-5202
This exceptional investment opportunity presents a 12,818-square-foot warehouse situated on a one-acre lot in Morgan Hill, California. The property, located at 455 N Barrett Ave, boasts convenient access to Highway 101, a significant advantage for logistics and distribution. Built in 1988, this single-story building currently operates as a multi-tenant property, with all tenants on month-to-month leases, offering flexibility for the new owner. The asking price is $3,300,000. The property features a fenced yard, providing ample secure outdoor space. The building is ideal for an owner-user seeking to establish their business while generating additional income from existing tenants. Potential buyers are responsible for verifying the power capacity. This presents a rare chance to acquire a well-located, established industrial warehouse with significant upside potential in the thriving Morgan Hill market. The property is zoned for industrial use within Santa Clara County, zip code 95037. The lot size is precisely one acre. This is a turnkey opportunity for an investor seeking immediate cash flow and long-term appreciation.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1 · Morgan Hill, CAMorgan Hill. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.