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$6,000,000
Est. payment /mo
9.82 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82001039
HOA Y/N No
Lot Size 9.820 Acres
Acres 9.82
Property Sub-Type Comm Lots and Land
Property Description
Property currently being leased for farming. Located near Hwy 101, the main north-south freeway from San Jose to Salinas, in the northerly areas of the Gilroy community in a corridor that is bounded on the west by Monterey Highway and on the east by the South Valley Freeway (Highway 101 ). The character of the neighborhood is agricultural in nature, however, these agricultural activities are considered to be interim uses. This 9 acres is within the Urban Service Boundary, which is crucial for future development. The property is located 1.5 mi from the downtown core along Monterey Hwy. Monterey Hwy used to be the major north-south path between Los Angeles & San Francisco until the South Valley Freeway was completed in the early 1980s. The basic neighborhood is still considered to be rural in nature, even though it is close to town and development is encroaching upon the area. This property is 10 mins away from where the proposed High-Speed Railway Station will be located. Preliminary plans for the California High-Speed Rail project include a station in Gilroy, most likely to be located Downtown, adjacent to the existing train station(As stated by the Gilroy 2040 General Plan Pg.80)
Location
State CA
County Santa Clara
Zoning A-20
Interior
Fireplace No
Building
Lot Description Level
New Construction No
Others
Tax ID 83506013
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Listed by B.B. Wong • Brubeck-Wong Realtors