16175 Monterey Rd
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16175 Monterey Rd
6,460 SF Office Building Morgan Hill, CA 95037 $1,950,000 ($302/SF)
Investment Highlights
- Main highway traffic
Executive Summary
Welcome to "The Arbor", free standing 2 stories of one of the nicest office building in Morgan Hill. Excellent location for visibility. Originally designed for a restaurant however only fitted for office space. It has been primarily owner occupied for the past 25+ years. It is partially leased. High ceilings, 4 entrances, parking lot accommodates 20 spaces. Building is well maintained and in good condition. More photos to come. NOI is Proforma calculations at a conservative rental rate.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$30,000
|
$4.64
|
| Operating Expenses |
$25,241
|
$3.91
|
| Total Expenses |
$55,241
|
$8.55
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $4.64 |
| Operating Expenses | |
|---|---|
| Annual | $25,241 |
| Annual Per SF | $3.91 |
| Total Expenses | |
|---|---|
| Annual | $55,241 |
| Annual Per SF | $8.55 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
6,460 SF
Building Class
B
Year Built
1981
Price
$1,950,000
Price Per SF
$302
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,230 SF
Building FAR
0.48
Lot Size
0.31 AC
Zoning
CC, Morgan Hill - Zoning is Corridor Form-Based F-C. See documents attached for permitted, conditional use, administrative uses. From medical & clinics to mixed use.
Parking
20 Spaces (3.1 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Kitchen
- Central Heating
- Fully Carpeted
- High Ceilings
- Shower Facilities
- Air Conditioning
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Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 767-18-039 | Total Assessment | $869,139 (2023) |
| Land Assessment | $298,315 (2023) | Annual Taxes | $30,000 ($4.64/SF) |
| Improvements Assessment | $570,824 (2023) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
767-18-039
Land Assessment
$298,315 (2023)
Improvements Assessment
$570,824 (2023)
Total Assessment
$869,139 (2023)
Annual Taxes
$30,000 ($4.64/SF)
Tax Year
2025
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16175 Monterey Rd
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