610 Jarvis DrMorgan Hill, CA 95037

  • Office properties
  • 38,755 SF
For Lease
$23.40/SF/YR View listing

Property Details for 610 Jarvis Dr

Year built
2000
Construction
STEEL FRAME
Lot size
2.18 AC
Property size (Sq ft)
38,755 SF
Zone code
PUD
Property type
Office properties
Property subtype
Office buildings
APN
726-31-020
APU
72631020

Description

This exceptional Class A office property, located at 610 Jarvis Drive in Morgan Hill, CA 95037, offers 38,755 square feet of premium executive office space within a two-story building constructed in 2000. The property sits on a 2.18-acre lot and boasts ample parking with 130 spaces. Currently, there are 29,065 square feet of vacant space available, divisible into units ranging from a minimum of 9,688 square feet to a maximum contiguous space of 19,377 square feet. The property's strategic location provides easy access to Highway 101 via the Cochrane Road exit, placing it within close proximity to numerous retail amenities and established corporations. This advantageous location offers immediate access to the heart of Silicon Valley and a convenient reverse commute for employees based in the Silicon Valley area. Morgan Hill has a limited supply of Class A office space, particularly in the size range offered here, making this a rare opportunity. The property's features and location make it an ideal choice for businesses seeking a prestigious and convenient workspace. Santa Clara County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,605,547
    6.5%
    $10,712,812
    7%
    $9,947,611
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,809,157
    Geo Method
    $10,809,157
  • Alternative Use

    Use
    Valuation
    Residential
    $13,283,887
    Hospitality
    $12,167,969
    Educational
    $10,123,608
    Medical
    $10,471,774
    Retail
    $15,747,834
610 Jarvis Dr, Morgan Hill, California

Location Insight

City
Morgan Hill
County
Santa Clara
State
California
Latitude
37.1493
Longitude
-121.653
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
$111,691
$3,876,000
$5,814,000
$9,690,000
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