1.45 ac Near Highway 101 - What To Develop In The Bay Area?
There is a commercial lot in Morgan Hill, CA, just west of Tennant Ave and Highway 101. The site was entitled for 15,000 sf of buildout and is approved for a range of commercial uses including recreation, drive-in, office, and hospital. What type of development and tenant(s) would be suitable for this location?
[{"id": "d1crm62", "text": "I would say hire someone familiar with the area to do a gap analysis for what the area \"needs\". BUT, the issues lies with who will want to be in that particular area. The area could need a A class office building but that won't mean anything if no one wants to move into the area. Since its zoned for a hospital, what I would personally do is call all the big names and tell them about your space and how you'll lease the land to them in return, they can building their hospital to their liking (and they carry the costs of the build out) and they can just rent the land from you for chunks of 20 year terms. There's risks with anything you build on the land. You just have to be able to stomach them.", "replies": [], "depth": 1}]