455 Barrett Ave Morgan Hill, CA 95037-5202
Property profile & analytics
455 Barrett Ave, Morgan Hill, CA 95037-5202
- Industrial properties
- 12,818 SF
- 1.00 lot acres
Property ID
US09-1820887
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Welder Up Vallejo / General Contractor
- Drift Cave Motorsports / Auto Parts Store
- Hadley Forno Properties / Corporate Office
- Baggott's Cabinets / General Contractor / Renovation Specialist
Property Details for 455 Barrett Ave
- Year built
- 1987
- Lot size
- 1.00 lot acres
- Zone code
- R1
- Property type
- Industrial properties
- APN
- 817-57-007
- APU
- 81757007
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,635,000
- ML approach
- $2,630,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,565,000
- 6.5%
- $3,290,000
- 7%
- $3,055,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,655,000
- AI Estimate
- $1,626,000
Market price range: $2.20M - $4.19MMarket price range: $324k - $2.24M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,140,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Morgan Hill
- County
- Santa Clara
- State
- California
- Longitude
- -121.637
- Latitude
- 37.121
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,392
$925,000
$1,766,780
$2,691,780
-
$0.00
$0.00
$0.00
