16175 Monterey Rd
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16175 Monterey Rd
6,460 SF Office Building Morgan Hill, CA 95037 £1,544,554 (£239/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 | £23,762 | £3.68 |
Operating Expenses | £19,993 | £3.09 |
Total Expenses | £43,755 | £6.77 |
Taxes & Operating Expenses (Actual - 2025)
Taxes | |
---|---|
Annual | £23,762 |
Annual Per SF | £3.68 |
Operating Expenses | |
---|---|
Annual | £19,993 |
Annual Per SF | £3.09 |
Total Expenses | |
---|---|
Annual | £43,755 |
Annual Per SF | £6.77 |
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
£1,544,554
Price Per SF
£239
Tenancy
Multiple
Number of Floors
2
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 | £688,427 (2023) |
Land Assessment | £236,289 (2023) | Annual Taxes | £23,762 (£3.68/sf) |
Improvements Assessment | £452,138 (2023) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
767-18-039
Land Assessment
£236,289 (2023)
Improvements Assessment
£452,138 (2023)
Total Assessment
£688,427 (2023)
Annual Taxes
£23,762 (£3.68/sf)
Tax Year
2025
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16175 Monterey Rd
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