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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Morgan Hill, CA 95037

    • Mobile home & RV parks
    • 412 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-4960036
    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.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details

    Year built
    1973
    Lot size
    1.52 lot acres
    Property size
    412 SF
    Zone code
    A-20A
    Property type
    Mobile home & RV parks
    Property subtype
    Campgrounds
    APN
    756-19-035
    APU
    75619035

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Morgan Hill
    County
    Santa Clara
    State
    California
    Longitude
    -121.67
    Latitude
    37.0604
    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
    $2,880
    $61,487
    $143,482
    $204,969
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $620,000
      14.16 Acres

      200 Ogier Ave

      CAMPGROUND, RV PARK • 14.16 Acres
      200 Ogier Ave, Morgan Hill, CA 95037-9372
      View Details
    • Value Estimation by Request
      3.05 Acres

      Morgan Hill, CA 95037

      CAMPGROUND, RV PARK • 3.05 Acres
      Morgan Hill, CA 95037
      View Details
    • Value Estimation by Request
      1,983 SF

      13210 Uvas Rd

      CAMPGROUND, RV PARK • 1,983 SF
      13210 Uvas Rd, Morgan Hill, CA 95037-9134
      View Details
    • Value Estimation by Request
      1.48 Acres

      Morgan Hill, CA 95037

      CAMPGROUND, RV PARK • 1.48 Acres
      Morgan Hill, CA 95037
      View Details
    • Value Estimation by Request
      50.84 Acres

      12895 Uvas Rd

      CAMPGROUND, RV PARK • 50.84 Acres
      12895 Uvas Rd, Morgan Hill, CA 95037-9418
      View Details
    • Value Estimation by Request
      17.97 Acres

      15200 Monterey St

      CAMPGROUND, RV PARK • 17.97 Acres
      15200 Monterey St, Morgan Hill, CA 95037-5435
      View Details

    Similar Nearby for Sale

    • $459,000

      2004 Home in 55+ Community

      Well-maintained home in Woodland Estates with many community amenities.
      42 Dewey 42, Morgan Hill, CA 95037
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    • $390,000

      Spacious Mobile Home in 55+ Community

      Comfortable 2-bedroom mobile home in rent-controlled 55+ community.
      275 Burnett Ave, Morgan Hill, CA 95037
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    • $1,950,000
      3.79 Acres

      Morgan Hill Estate Land Opportunity

      3.79 Acres, Prime Residential Location
      2275 Dunne Ave, Morgan Hill, CA 95037
      View Details
    • $1,880,000

      27 Acres with Warehouse

      Secluded vacant land with a 10,000 SF warehouse.
      13160 Uvas Rd, Morgan Hill, CA 95037
      View Details
    • $1,800,000

      Land Parcel with Development Potential

      10-acre land parcel near San Jose with development opportunities.
      10868 Dougherty Ave, Morgan Hill, CA 95037
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    • $1,495,000
      3,932 SF

      Morgan Hill Industrial/Office Condo

      Industrial/Office condominium in Morgan Hill, 4 minutes from Hwy 101.
      358 Digital Dr, Morgan Hill, CA 95037
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Freestanding Office/R&D Building Available

      25,000 SF Class A office/R&D building in Morgan Hill.
      18635 Sutter Blvd, Morgan Hill, CA 95037
      View Details
    • $1.45 SF/Yr
      122,101 SF

      Morgan Hill Distribution Warehouse Space

      122,101 SF warehouse with office space for lease.
      18225 De Paul Dr, Morgan Hill, CA 95037
      View Details
    • $1.35 SF/Yr
      91,738 SF

      Morgan Hill Industrial Space Available

      Industrial space suitable for manufacturing, life science, and warehouse uses.
      18125 Sutter Blvd, Morgan Hill, CA 95037
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space near Highway 101

      Retail space with highway frontage and development opportunities in Morgan Hill.
      1057 Cochrane Rd, Morgan Hill, CA 95037
      View Details
    • $2,550 /Mo
      21,500 SF

      Retail Spaces in Candy Park

      Prime commercial spaces available in high-traffic Morgan Hill shopping center.
      Monterey St, Morgan Hill, CA 95037
      View Details
    • $1.45 SF/Yr
      138,698 SF

      Morgan Hill Warehouse Space Available

      Available warehouse space with 32' clear height in Morgan Hill.
      18105 De Paul Dr, Morgan Hill, CA 95037
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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