900 Lightpost WayMorgan Hill, CA 95037

  • Industrial properties
  • 61,473 SF
For Lease
$19.80/SF/YR View listing

Property Details for 900 Lightpost Way

Year built
2001
Construction
TILT-UP CONCRETE
Lot size
4.31 AC
Property size (Sq ft)
61,473 SF
Zone code
I PUD
Property type
Industrial properties
Property subtype
Other industrial properties
APN
726-33-027
APU
72633027

Description

This exceptional 61,473-square-foot industrial property, located at 900 Lightpost Way in Morgan Hill, CA 95037, presents a unique investment opportunity. Built in 2001, this single-story warehouse boasts a 24-foot ceiling height, providing ample space for various industrial and flex uses. The property sits on a generous 4.31-acre lot and includes 184 parking spaces and a single drive-in bay. The zoning is designated as IPUD. Currently configured for multiple tenants, one space of 49,675 square feet is currently available. The building features a main entrance, kitchen, break rooms, and numerous conference rooms. The HVAC system comprises four independent units with a total capacity exceeding 230 tons. Additional amenities include a spacious IT room with dedicated air conditioning, and luxurious tenant enhancements. Note that building services, property taxes, and utilities are not included in the lease cost. Private offices and warehouse space are also available for purchase. This property offers a prime location in Morgan Hill, California, providing excellent access to major transportation routes and a thriving business community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,070,840
    Hospitality
    $19,300,776
    Educational
    $16,058,019
    Medical
    $16,610,279
    Retail
    $24,979,142
900 Lightpost Way, Morgan Hill, California

Location Insight

City
Morgan Hill
County
Santa Clara
State
California
Latitude
37.1542
Longitude
-121.656
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
$51,895
$2,003,080
$2,198,008
$4,201,088
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