8955 Monterey Rd - Commercial LAND FOR SALE


Gilroy, CA 95020 89,115 SF
$3,995,000 USD
408-879-4000
8955 Monterey Rd, Gilroy, CA for Sale
$3,995,000 USD
Commercial LAND - FOR SALE
1/3
89,115 SF

8955 Monterey Rd
Gilroy, CA 95020


HIGHLIGHTS

  • Large 2.05 Acre Site
  • Redevelopment Opportunity
  • R4 Zoning (High Density Residential)
  • Income Potential - Four Commerical/Warehouse Buildings

OVERVIEW

Fantastic opportunity to acquire a large 2.05 acres site with over 260 feet of linear frontage on Monterey Road within the city of Gilroy. The site has been upzoned to R4 (High Density Residential) with the ability to develop 20 residential units to the acre. The property is currently vacant but benefits from usable structures on-site which include a 4,550 square foot warehouse, 5,000 square foot commercial building (previously used as a church), 1,408 square foot showroom/office building, and 700 square foot garage. These buildings present an opportunity for income.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/ACRE

$1,952,782/AC

PRICE/SF

$45 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Single Family Development

LAND ACRES

2.05 AC

LAND SF

89,115 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R4

APN/PARCEL ID

790-14-025

ASK ABOUT THIS PROPERTY

Doug FerrariPrime Commercial, Inc.More Info
408-879-4000

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Doug FerrariPrime Commercial, Inc.More Info
408-879-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.