18625 Sutter BlvdMorgan Hill, CA 95037

Property Details for 18625 Sutter Blvd

Year built

1999

Construction

TILT-UP CONCRETE

Lot size

2.23 AC

Property size (Sq ft)

26,520 SF

Zone code

M

Property type

Office properties

Property subtype

Office buildings

APN

726-33-017

APU

72633017

Description

This exceptional Class A office space, situated within the prestigious Heritage Business Park in Morgan Hill, California, presents a unique investment opportunity. Located at 18625 Sutter Blvd, near Cochrane Rd, this single-story building boasts a total of 26,520 square feet, with 2,614 square feet currently available for lease. The property sits on a generous 2.23-acre lot and was constructed in 1999. The building offers ample parking, with a ratio of 4 spaces per 1000 square feet. Ideal for executive offices, research and development, or professional office uses, this space is perfect for a business seeking a modern and efficient workspace in a highly desirable location within Santa Clara County. The property's convenient location in Morgan Hill, CA 95037, provides easy access to major transportation routes and amenities. The available space is part of a multi-tenant building, offering a collaborative and professional environment. This is a rare opportunity to secure high-quality office space in a thriving business park. The property's Class A designation reflects its superior construction, amenities, and location. Don't miss this chance to establish your business in this sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,941,662

  6.5%

  $7,330,764

  7%

  $6,807,138

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,396,693

  Geo Method

  $7,396,693

• Alternative Use

  Use

  Valuation

  Residential

  $9,090,148

  Hospitality

  $8,326,527

  Educational

  $6,927,572

  Medical

  $7,165,822

  Retail

  $10,776,224

Location Insight

City

Morgan Hill

County

Santa Clara

State

California

Latitude

37.15

Longitude

-121.658

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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