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- LoopNet Team
1170 Diana Ave
Morgan Hill, CA 95037
Land For Sale
·
4.32 AC
INVESTMENT HIGHLIGHTS
- ±7.51 ACRES OF LAND
- DIRECT ACCESS AND VISIBILITY FROM HIGHWAY 101 (±120,000 ADT)
- LOCATED WITHIN MASTER-PLANNED DEVELOPMENT FOR AUTO DEALERS
- APPROVED ZONING - HC-PD
- OWNER/USER, INVESTOR, DEVELOPMENT OPPORTUNITY
PROPERTY FACTS
| Property Type | Land | Proposed Use | Auto Dealership |
| Property Subtype | Commercial | Total Lot Size | 4.32 AC |
| Zoning | A-20A | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Auto Dealership |
| Total Lot Size | 4.32 AC |
| Zoning | A-20A |
DESCRIPTION
CBRE Inc and Cushman Wakefield, as the exclusive advisor, are pleased to present 1170 Diana Ave in Morgan Hill, CA an ±7.51-acre proposed auto, recreational vehicle, truck, and related uses is a site that is part of the Auto row development. Conveniently located just off the Dunne Avenue off-ramp on US- 101, the site provides the opportunity to purchase and develop facilities offering additional vehicle related. uses to the growing population of Morgan Hill and the surrounding areas. Its prime location makes it well suited to consumers from the cities of Morgan Hill, Gilroy and San Martin, as well as the Southern San Jose, Hollister, and Northern San Benito County regions. The current application before the Design Review of the City of Morgan Hill was submitted in January 2024 and is for approximately +-4.32 acres and includes +-17,300 sf of service buildings and +-8,700 sf of office/ showroom building of the 7.51-acre parcel. The Future Parcel 2 Future Development (+- 3.14 acres and building square footage) Not a Part of Current Application. CEQA and Design Review should be completed by June 2024. Building Permits estimate approval by the end of 2024. Construction could commence 1st quarter 2025 or earlier. Should any Buyer want to make modifications to this plan, the process would need to be modified. Buyer can purchase entire 7.51 acres or a subdivided parcel.
PROPERTY TAXES
| Parcel Number | 728-17-036 | Improvements Assessment | $244,233 |
| Land Assessment | $5,202,000 | Total Assessment | $5,446,233 |
PROPERTY TAXES
