FOR SALE > MORGAN HILL LAND 6.69 Acres - CoStar...

Monterey H

ighway

Monterey H

ighway

Llagas

Road

Llagas

Road

S.S.RR

±6.69 ACRES

SITE

E. Dunne Ave.

Cochran

e Rd.

Half R

d.

DowntownMorgan Hill

Monterey Hwy.

Santa Teresa Blvd.

Llagas

Rd.

Main Ave.

S.P. RR

E. Main

Ave

.

101

101

1.5 miles to San Jose city limits

SITE

Butterfield

Blvd.

1 Mile 3 Miles 5 MilesPopulation (2013 Est.) 9,682 37,106 50,164Ave. HH Income (2013 Est.) $116,716 $122,593 $129,306

FOR SALE > MORGAN HILL LAND

±6.69 Acres18110 MONTEREY HIGHWAY, MORGAN HILL, CA

Property Highlights

Demographics

• New light just installed

• Great Access to Cochrane Avenue with easy access to Hwy101

• 6.69 Acres

• ML Zoning - Light Industrial Land

• Asking: $18.00 per sq. ft.

BRIAN MASON+1 408 282 [email protected] License No. 01229363

COLLIERS INTERNATIONAL450 West Santa Clara Street San Jose, CA 95113+1 408 282 3800 Main+1 408 292 8100 Faxwww.colliers.com

MARK SANCHEZ+1 408 842 [email protected] License No. 00988234

Morgan Hill Land 18110 MONTEREY HIGHWAY, MORGAN HILL, CA

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Colliers International and should not be made available to any other person or entity without the written consent of Colliers International. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due dili-gence investigation. Colliers International has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improve-ments, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Colliers International has not verified, and will not verify, any of the information contained herein, nor has Colliers International conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT EXCLUSIVE LISTING AGENT FOR MORE DETAILS.

Confidentiality & disClaimer


MORGAN HILL PLANNING AND ZONING CODES ZONING CODE

Chapter 18.22 CG GENERAL COMMERCIAL DISTRICT Sections: 18.22.010 Purpose of district. 18.22.020 Permitted uses. 18.22.030 Conditional uses. 18.22.040 Site development standards 18.22.050 Additional required conditions. 18.22.010 Purpose of district. The CG general commercial district is intended to create and maintain major commercial areas

accommodating a broad range of office, retail sales and other commercial activities of community-wide significance. The CG district is intended to be applied to community commercial areas identified by the Morgan Hill

General Plan and other areas where deemed appropriate. (Ord. 559 N.S. 9 A (part), 1981) 18.22.020 Permitted uses. The following uses shall be permitted in the CG general commercial district: A. Retail stores; B. Restaurants; C. Offices and professional offices; D. Financial services; E. Personal services; F. Day care centers and nursery schools; G. Commercial recreation uses 3,000 sq. ft. or less in area (exclusive of parking). (Ord. 1215 N.S. 924, 1995; Ord. 980 N.S. 93 (part), 1990: Ord. 559 N.S. 9 A (part), 1981) 18.22.030 Conditional uses. The following uses may be conditionally allowed in the CG general commercial district, subject to issuance of a conditional use permit in accordance with Chapter 18.54: A. Commercial recreation; B. Convenience markets; C. Service stations; D. Ambulance services; E. Utility facilities, excluding construction of storage yards, maintenance facilities, or corporation yards; F. Motels, hotels and similar lodging facilities; G. Mini-storage facilities; H. Drive-in establishments; I. Wholesale business; J. Caretaker units; K. Off-site pole or pylon freeway-oriented signs pursuant to Section 18.76.270.C.4.

and 18.76.075;


L. Minor motor vehicle repair; M. Any other use which the planning commission finds to be of a similar nature to the permitted uses and

conditional uses specified in this chapter for the CG zoning district. (Ord. 1307N.S. ~ 4,1996; Ord. 1135 N.S. ~ 31,1993; Ord. 1134 N.S. ~ 2,1993; Ord. 1055 N.S. ~ C (part), 1991; Ord. 980 N.S. ~ 3 (part), 1990: Ord. 846 N.S. ~ 1 (part), 1987; Ord. 839 N.S. ~ 1 (part), 1987: Ord. N.S. 559 ~ A (part), 1981) 18.22.040 Site development standards

The following site development standards shall apply in the CG general commercialdistrict: A. Minimum lot area, ten thousand square feet B. Minimum lot width, one hundred feet C. Minimum lot depth, one hundred feet D. Maximum building coverage, fifty percent E. Minimum setbacks: 1. Front, twenty-five feet 2. Rear, twenty feet 3. Side, zero feet F. Maximum height, three stories or thirty-five feet H. On any portion of a site in the CG district which abuts a lot in any residential zoning district, a minimum

interior yard of ten feet shall be required, and a solid wall or fence of six feet in height shall be constructed and maintained along the common lot line. The minimum interior yard shall be planted and maintained as a landscaped screen;

I. All uses, whether permitted or conditional, shall be conducted in such a manner so as to avoid any nuisance, hazard or commonly recognized offensive condition or characteristic, as established by the commercial and industrial performance standards of Chapter 18.48 of this title;

J. Side Street Side Yard. A side yard along the side street lot line of a comer lot shall have a width of not less than fifteen feet or one-half the required depth of the front yard, whichever is greater;

K. Cul-de-sac lot width, minimum of forty feet as measured along the front property line. (Ord. 1055 N.S. 9 C (part), 1991; Ord. 899 N.S. 996 (part), 22 (part), 1989; Ord. 559 N.S. 9 A (part), 1981) 18.72.050 Additional required conditions.

A. Architectural and site plan approval shall be required of all uses situated on sensitive sites, as defined in Chapter 18.74 of this title.

B. Where any lot in the general commercial district abuts residentially zoned property, twenty-five-foot minimum building setback shall apply. (Ord. 1415 N.S. 9 19, 1998; Ord. 1111 N.S. 9 13, 1992; Ord. 559 N.S. 9 A (part), 1981)


18110 Monterey Highway, Morgan Hill, CA

Prepared By: Brian [email protected]

N

PREPARED BY COLLIERS INTERNATIONAL

REGIONAL MAP

Morgan Hill Land 18110 MONTEREY HIGHWAY, MORGAN HILL, CADEMOGRAPHICS 1, 3, and 5 Mile Radii

18110 MONTEREY STMORGAN HILL, CA 95037

1 Mile Radius 3 Mile Radius 5 Mile Radius

POPULATION

2018 PROJECTION 10,259 39,499 53,1402013 ESTIMATE 9,682 37,106 50,1642010 CENSUS 9,324 35,598 48,3202000 CENSUS 8,932 30,997 43,413

PROJECTED GROWTH 2013 - 2018 5.96% 6.45% 5.93%ESTIMATED GROWTH 2010 - 2013 3.84% 4.24% 3.82%GROWTH 2000 - 2010 4.39% 14.84% 11.30%

HOUSEHOLDS2018 PROJECTION 3,272 12,383 17,0262013 ESTIMATE 3,083 11,693 16,1322010 CENSUS 2,970 11,304 15,6232000 CENSUS 2,823 9,716 13,850GROWTH 2010 - 2013 3.80% 3.44% 3.26%

2013 EST. POPULATION BY RACE/ETHNICITY 9,682 37,106 50,164WHITE ALONE 59.58% 61.26% 64.14%BLACK ALONE 1.86% 1.83% 1.70%AMER. INDIAN/ALASKAN ALONE 1.00% 0.89% 0.85%ASIAN ALONE 10.33% 11.55% 10.59%HAWAIIAN/PACIFIC ISLANDER ALONE 0.33% 0.34% 0.33%SOME OTHER ALONE 21.36% 17.89% 16.36%TWO OR MORE RACES 5.53% 6.24% 6.03%NOT OF HISPANIC ORIGIN 55.90% 61.50% 64.11%HISPANIC ORIGIN 44.10% 38.50% 35.89%

2013 EST. HISPANIC RACE BASE 4,270 14,284 18,003WHITE ALONE 42.62% 43.15% 43.83%BLACK ALONE 0.63% 0.57% 0.56%AMER. INDIAN/ALASKAN ALONE 1.55% 1.48% 1.48%ASIAN ALONE 0.96% 1.03% 0.99%HAWAIIAN/PACIFIC ISLANDER ALONE 0.05% 0.11% 0.11%SOME OTHER ALONE 47.80% 45.87% 45.05%TWO OR MORE RACES 6.37% 7.79% 7.99%

2013 EST. POPULATION BY SEX 9,682 37,106 50,164MALE 49.34% 49.60% 49.70%FEMALE 50.66% 50.40% 50.30%

SOURCE: CLARITAS CONFIDENTIAL

Analysis Geography:

DEMOGRAPHIC DETAIL, Page 1

March, 2013

DEMOGRAPHICS




2013 EST. HOUSEHOLDS BY INCOME 3,083 11,693 16,132$15,000 OR LESS 8.24% 5.58% 5.17%$15,000 TO $24,999 8.98% 7.46% 7.49%$25,000 TO $34,999 5.42% 5.67% 5.29%$35,000 TO $49,999 8.89% 10.15% 10.10%$50,000 TO $74,999 14.40% 13.97% 13.20%$75,000 TO $99,999 14.11% 12.44% 11.96%$100,000 TO $149,999 16.15% 18.46% 18.55%$150,000 to $249,999 14.92% 17.03% 17.69%$250,000 TO $499,999 6.49% 6.95% 7.74%$500,000 OR MORE 2.43% 2.28% 2.81%

2013 EST. AVERAGE HH INCOME $116,716 $122,593 $129,3062013 EST. MEDIAN HH INCOME $82,215 $89,403 $93,294

2013 EST. POPULATION BY HOUSEHOLD TYPE 3,083 11,693 16,132FAMILY HOUSEHOLDS 76.19% 78.57% 78.55%NON FAMILY HOUSEHOLDS 23.81% 21.43% 21.45%

2013 EST. MARITAL STATUS PERSONS 15+ 7,453 23,382 32,403SINGLE MALE, NEVER MARRIED 19.55% 15.74% 15.12%SINGLE FEMALE, NEVER MARRIED 15.75% 13.66% 12.81%MARRIED 53.04% 57.65% 59.02%DIVORCED 8.37% 9.57% 9.00%WIDOWED 3.29% 3.38% 4.05%

2013 EST. HOUSEHOLDS BY TYPE 3,083 11,693 16,132SINGLE MALE 19.55% 15.74% 15.12%SINGLE FEMALE 15.75% 13.66% 12.81%MARRIED COUPLE FAMILIES 50.09% 52.78% 54.84%OTHER FAMILY - MALE HEAD 8.19% 5.13% 5.06%OTHER FAMILY - FEMALE HEAD 7.56% 5.87% 5.34%NON FAMILY - MALE HEAD 16.82% 17.68% 16.20%NON FAMILY - FEMALE HEAD 0.00% 7.79% 18.55%

2013 EST. HOUSEHOLDS BY POVERTY STATUS 2,349 9,187 12,671ABOVE POVERTY LEVEL 88.25% 91.87% 92.93%BELOW POVERTY LEVEL 11.75% 8.13% 7.07%


Analysis Geography:


March, 2013

DEMOGRAPHICS




2013 EST. POPULATION BY AGE 9,682 37,106 50,1640 TO 4 YEARS 7.76% 7.47% 6.93%5 TO 9 YEARS 7.60% 7.74% 7.23%10 TO 14 YEARS 7.69% 7.96% 7.66%15 TO 17 YEARS 4.55% 5.00% 4.92%18 TO 20 YEARS 4.18% 4.01% 3.92%21 TO 24 YEARS 4.88% 4.81% 4.76%25 TO 34 YEARS 12.19% 11.04% 10.37%35 TO 44 YEARS 14.76% 14.46% 13.54%45 TO 54 YEARS 15.11% 15.99% 16.36%55 TO 64 YEARS 11.33% 11.81% 12.90%65 TO 74 YEARS 5.77% 6.02% 7.16%75 TO 84 YEARS 2.70% 2.47% 2.94%85+ YEARS 1.50% 1.22% 1.31%

36 36 38

2013 EST. POP. 25+ BY EDUCATION 6,136 23,382 32,403ELEMENTARY (K-8) 14.55% 8.92% 8.17%SOME HIGH SCHOOL (9-11) 8.98% 8.65% 8.04%HIGH SCHOOL GRAD. (12) 17.03% 15.61% 15.42%SOME COLLEGE (13-15) 20.16% 22.42% 22.18%ASSOCIATE DEGREE 8.49% 8.79% 8.80%BACHELOR'S DEGREE 20.24% 22.94% 23.97%MASTER'S DEGREE 7.89% 9.16% 9.58%PROFESSIONAL SCHOOL DEGREE 1.73% 1.77% 2.10%DOCTORATE DEGREE 0.95% 1.74% 1.74%

2013 EST. POP. 16+ BY OCCUPATION 4,611 18,026 24,474ARCHITECT/ENGINEER 3.06% 3.86% 4.21%ARTS/ENTERTAIN/SPORTS 1.34% 2.17% 2.39%BUILDING GROUNDS MAINT 2.71% 2.64% 2.40%BUSINESS/FINANCIAL OPS 5.31% 5.70% 5.64%COMMUNITY/SOC SVCS 1.43% 1.21% 1.21%COMPUTER/MATHEMATICAL 3.17% 3.28% 3.52%CONSTRUCTION/EXTRACTION 10.02% 6.64% 6.08%EDU/TRAINING/LIBRARY 4.12% 5.33% 5.65%FARM/FISH/FORESTRY 1.78% 1.30% 1.20%FOOD PREP/SERVING 5.27% 3.89% 3.65%HEALTH PRACTITIONER/TEC 5.05% 4.72% 4.67%HEALTHCARE SUPPORT 1.24% 1.79% 1.62%MAINTENANCE REPAIR 1.15% 1.37% 1.42%LEGAL 0.56% 0.97% 1.13%LIFE/PHYS/SOC SCIENCE 0.20% 0.55% 0.59%MANAGEMENT 12.36% 14.56% 15.74%OFFICE/ADMIN SUPPORT 13.97% 14.00% 12.99%PRODUCTION 5.07% 4.11% 3.97%PROTECTIVE SVCS 1.80% 2.61% 2.56%SALES/RELATED 9.54% 10.40% 11.13%PERSONAL CARE/SVC 7.40% 6.01% 5.34%TRANSPORTATION/MOVING 3.49% 2.92% 2.88%


Analysis Geography:


MEDIAN AGE

March, 2013

DEMOGRAPHICS




2013 EST. HH BY NUMBER OF VEHICLES 3,083 11,693 16,132NO VEHICLES 2.11% 1.98% 2.14%1 VEHICLE 19.40% 20.42% 19.21%2 VEHICLES 42.91% 42.43% 41.36%3 VEHICLES 25.79% 25.28% 25.81%4 VEHICLES 7.27% 7.01% 8.01%5 OR MORE VEHICLES 2.53% 2.88% 3.45%

2013 EST. WORKERS TRANS. TO WORK 4,515 17,514 23,674DROVE ALONE 70.68% 74.51% 75.22%CAR POOLED 13.07% 12.21% 11.86%PUBLIC TRANSPORTATION 1.95% 2.09% 1.86%WALKED 5.16% 2.51% 2.07%BICYCLE 0.11% 0.47% 0.42%OTHER MEANS 1.46% 1.38% 1.20%WORKED AT HOME 7.55% 6.82% 7.36%

2013 EST. OWNER OCC PROPERTY VALUES 2,001 7,858 11,425UNDER $20,000 1.70% 1.37% 1.30%$20,000 TO $39,999 4.10% 2.04% 1.55%$40,000 TO $59,999 3.20% 2.10% 1.70%$60,000 TO $79,999 1.45% 1.15% 0.87%$80,000 TO $99,999 1.00% 0.73% 0.67%$100,000 TO $149,999 1.40% 1.87% 2.21%$150,000 TO $199,999 1.90% 2.37% 2.76%$200,000 TO $299,999 6.50% 6.66% 7.76%$300,000 TO $399,999 9.45% 10.08% 9.37%$400,000 TO $499,999 13.54% 13.64% 12.25%$500,000 TO $749,999 32.53% 32.77% 30.81%$750,000 TO $999,000 11.94% 12.32% 12.57%$1,000,000 OR MORE 11.29% 12.92% 16.17%

MEDIAN PROPERTY VALUE $544,269 $561,059 $577,478


Analysis Geography:


March, 2013

DEMOGRAPHICS




Analysis Geography:

POPULATION, RACE & AGE, Page 5

March, 2013

0%2%4%6%8%

10%12%14%16%

PROJECTED GROWTH 2013 - 2018 ESTIMATED GROWTH 2010 - 2013 GROWTH 2000 - 2010

COMPARATIVE POPULATION GROWTH


0% 10% 20% 30% 40% 50% 60% 70%

WHITE ALONE

BLACK ALONE

AMER. INDIAN/ALASKAN ALONE

ASIAN ALONE

HAWAIIAN/PACIFIC ISLANDER ALONE

SOME OTHER ALONE

TWO OR MORE RACES

NOT OF HISPANIC ORIGIN

2013 EST. POPULATION BY RACE/ETHNICITY


0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

0 TO 4 YEARS5 TO 9 YEARS 10 TO 14YEARS

15 TO 17YEARS

18 TO 20YEARS

21 TO 24YEARS

25 TO 34YEARS

35 TO 44YEARS

45 TO 54YEARS

55 TO 64YEARS

65 TO 74YEARS

75 TO 84YEARS

85+ YEARS

2013 EST. POPULATION BY AGE


DEMOGRAPHICS




Analysis Geography:

HOUSEHOLDS, MARITAL STATUS & PROPERTY VALUES, Page 6

March, 2013

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

1 Mile Radius

3 Mile Radius

5 Mile Radius

2013 ESTIMATED HOUSEHOLDS BY TYPE

SINGLE MALE SINGLE FEMALE MARRIED COUPLE FAMILIES

OTHER FAMILY - MALE HEAD OTHER FAMILY - FEMALE HEAD NON FAMILY - MALE HEAD

NON FAMILY - FEMALE HEAD

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%


2013 ESTIMATED MARITAL STATUS PERSONS 15+

SINGLE MALE, NEVER MARRIED

SINGLE FEMALE, NEVER MARRIED

MARRIED

DIVORCED

WIDOWED

0%

5%

10%

15%

20%

25%

30%

35%

UNDER$20,000

$20,000 TO$39,999

$40,000 TO$59,999

$60,000 TO$79,999

$80,000 TO$99,999

$100,000 TO$149,999

$150,000 TO$199,999

$200,000 TO$299,999

$300,000 TO$399,999

$400,000 TO$499,999

$500,000 TO$749,999

$750,000 TO$999,000

$1,000,000OR MORE

2013 EST. OWNER OCC PROPERTY VALUES


DEMOGRAPHICS




Analysis Geography:

INCOME, OCCUPATION & EDUCATION, Page 7

March, 2013

0%2%4%6%8%

10%12%14%16%18%20%

$15,000 ORLESS

$15,000 TO$24,999

$25,000 TO$34,999

$35,000 TO$49,999

$50,000 TO$74,999

$75,000 TO$99,999

$100,000TO

$149,999

$150,000 to$249,999

$250,000TO

$499,999

$500,000OR MORE

2013 ESTIMATED HOUSEHOLDS BY INCOME


0.00%2.00%4.00%6.00%8.00%

10.00%12.00%14.00%16.00%18.00%

ARC

HIT

ECT/

ENG

INE

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BUIL

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DS

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NT

BUS

INES

S/F

INA

NC

IAL

OPS

CO

MM

UN

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SO

C S

VCS

CO

MPU

TER

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HEM

ATIC

AL

CO

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RU

CTI

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/EXT

RAC

TIO

N

EDU

/TR

AIN

ING

/LIB

RA

RY

FAR

M/F

ISH

/FO

RES

TRY

FOO

D P

REP

/SER

VIN

G

HEA

LTH

PR

ACTI

TIO

NER

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HEA

LTH

CA

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SUPP

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MAI

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NAN

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REP

AIR

LEG

AL

LIFE

/PH

YS/S

OC

SC

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MAN

AGE

ME

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OFF

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MIN

SU

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PRO

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PRO

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SVC

S

SALE

S/R

ELA

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PER

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E/SV

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TRAN

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N/M

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NG

2013 EST. POPULATION 16+ BY OCCUPATION1 Mile Radius 3 Mile Radius 5 Mile Radius

0% 5% 10% 15% 20% 25% 30%

ELEMENTARY (K-8)

HIGH SCHOOL GRAD. (12)

ASSOCIATE DEGREE

MASTER'S DEGREE

DOCTORATE DEGREE

2013 EST. POP. 25+ BY EDUCATION


DEMOGRAPHICS



N= 3,083

N= 11,693 N= 16,132


Analysis Geography:

TRANSPORTATION, Page 8

March, 2013

1 Mile Radius2013 ESTIMATED HH BY NUMBER OF VEHICLES

3 Mile Radius 5 Mile Radius

2%

19%

41%

26%

8%

4%

2%

20%

43%

25%

7% 3%

2%

19%

43%

26%

7%

3%

NO VEHICLES 1 VEHICLE 2 VEHICLES 3 VEHICLES 4 VEHICLES 5 OR MORE VEHICLES

0%10%20%30%40%50%60%70%80%

DROVE ALONE CAR POOLED PUBLICTRANSPORTATION

WALKED BICYCLE OTHER MEANS WORKED AT HOME

2013 EST. WORKERS TRANS. TO WORK


DEMOGRAPHICS

Date post:	10-Apr-2018
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