18630 Sutter BlvdMorgan Hill, CA 95037

  • Office properties
  • 10,101 SF
For Lease
$15/SF/YR View listing

Property Details for 18630 Sutter Blvd

Year built
1987
Construction
WOOD
Lot size
0.96 AC
Property size (Sq ft)
10,101 SF
Zone code
M
Property type
Office properties
Property subtype
Office buildings
APN
726-33-003
APU
72633003

Description

This exceptional Class A office building, located at 18630 Sutter Blvd in Morgan Hill, California, presents a unique opportunity for businesses seeking flexible and prestigious space. Built in 1900, this single-story building offers a total of 10,101 square feet, currently entirely vacant and ready for immediate occupancy. The property is classified as both Traditional and Executive Office space, catering to a variety of business needs. The building's location in Santa Clara County, with a zip code of 95037, provides easy access to major transportation routes and amenities. The available space is divisible, with options ranging from approximately 2,746 square feet to 7,355 square feet, allowing for customization to suit specific requirements. This presents an ideal opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. The property's excellent condition and prime location make it an attractive investment for businesses seeking a high-quality workspace in a thriving community. The building's single-story design offers convenient accessibility and ample parking. This is a rare opportunity to secure a substantial and well-located office space in the desirable Morgan Hill market. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,024,839
    6.5%
    $2,792,159
    7%
    $2,592,719
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,817,270
    Geo Method
    $2,817,270
  • Alternative Use

    Use
    Valuation
    Residential
    $3,462,277
    Hospitality
    $3,171,427
    Educational
    $2,638,590
    Medical
    $2,729,335
    Retail
    $4,104,474
18630 Sutter Blvd, Morgan Hill, California

Location Insight

City
Morgan Hill
County
Santa Clara
State
California
Latitude
37.1506
Longitude
-121.658
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
$32,585
$739,587
$2,048,091
$2,787,678
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FAQs

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