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Executive Summary

The Seller has some design work done and plans that is available to a Buyer for future development, all the Buyer has to do is submit to the city Gilroy for review and they can start working on a future multi residential development on the subject property. All the offsites are pretty much completed on the subject property. Please feel free to email the agent for more information.

Property Facts

Price $999,950
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
Building Class C
Total Lot Size 0.30 AC
Tenancy Single
Opportunity Zone Yes
Zoning C2, Gilroy - This property is zoned for either commercial or Multi Residential development.

1 Lot Available

Lot

Price $999,950
Price Per AC $3,351,038.87
Lot Size 0.30 AC

This is an infill lot in Gilroy, ready for development, you can build Multi-Residential for sale or for rent or you can build mixed use. This land really lends itself to the right developer with vision. The Sellers have a design that we can provide.

Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 799-03-055
  • 799-03-054
Land Assessment
$1,223,999
Improvements Assessment
$0
Total Assessment
$1,223,999
  • Listing ID: 36053562

  • Date on Market: 5/30/2025

  • Last Updated:

  • Address: 7711 Monterey St, Gilroy, CA 95020

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