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8875 Murray Ave - Highly Visual Industrial Campus 7.34 Acres of Industrial Land Offered at $4,500,000 in Gilroy, CA 95020
INVESTMENT HIGHLIGHTS
- +-7.34 Acres in the City Limits of Gilroy
- Light Industrial, Warehouse, R&D, Office
- Fresh city approvals for three new buildings
EXECUTIVE SUMMARY
Unique opportunity to purchase an approved Industrial lot on 7.34 acres in the city limits of north Gilroy's industrial park. Perfect for an owner/investor looking to set up their business in future buildings built to meet their companies custom needs. Plans freshly approved with the city for 3 future light industrial buildings: Building 1--42,266 SF, Building 2--48,600 SF, Building 3--29,920 SF. Located at a perfect crossroads between San Jose, Monterey County, Watsonville, and the central valley. Property is minutes from the 101 Freeway and Highway 152, shops, downtown restaurants, local wineries & breweries, and big box commercial serving the city of Gilroy. The adjacent 1.95 acres at APN# 835-01-057 could also be available for purchase if additional acreage is desired. The full city entitlement and approval package is available to review for qualified Buyers.
PROPERTY FACTS
| Price | $4,500,000 | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.34 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | M1 - M1-Light Industrial | ||
| Price | $4,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 7.34 AC |
| Opportunity Zone |
Yes |
| Zoning | M1 - M1-Light Industrial |
1 LOT AVAILABLE
Lot
| Price | $4,500,000 | Lot Size | 7.34 AC |
| Price Per AC | $613,079.02 |
| Price | $4,500,000 |
| Price Per AC | $613,079.02 |
| Lot Size | 7.34 AC |
Flat lot in the city limits of Gilroy with approvals for three future Industrial buildings: Building 1--42,266 SF, Building 2--48,600 SF, Building 3--29,920 SF. Total square footage +-120,786 square footage.
DESCRIPTION
Lot has access on Murray Avenue and Forest Street. For showings lot is easiest accessed off of Forest Street.
PROPERTY TAXES
| Parcel Number | 835-01-059 | Improvements Assessment | $0 |
| Land Assessment | $3,183,624 | Total Assessment | $3,183,624 |
PROPERTY TAXES
Parcel Number
835-01-059
Land Assessment
$3,183,624
Improvements Assessment
$0
Total Assessment
$3,183,624
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8875 Murray Ave - Highly Visual Industrial Campus
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