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Tennant Ave 2.34 Acres of Commercial Land Offered at $1,928,000 in Morgan Hill, CA 95037
INVESTMENT HIGHLIGHTS
- Great location and size for hotel, restaurant, auto sales, or specialty retail development
- This parcel has frontage on both the south bound 101 on-ramp as well as the freeway itself.
EXECUTIVE SUMMARY
One of the last Freeway frontage/interchange parcels remaining within Morgan Hill city limits. Great location and size for hotel, restaurant, auto sales, or specialty retail development. Flexible "Commercial/Industrial" city general plan designation. Interfaces nicely with the Morgan Hill Sports and Aquatics facilities nearby lending a potential commercial recreational complementary type use. This parcel has frontage on both the south bound 101 on-ramp as well as the freeway itself. Other parcels within this commercial PD have just broken ground and are moving forward now with development plans per the city. If you need a larger site, the contiguous approximate 6-acre parcel may also be available.
PROPERTY FACTS
| Price | $1,928,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.34 AC |
| Property Type | Land | ||
| Zoning | HCPUD - "Commercial Industrial" HC PUD | ||
| Price | $1,928,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.34 AC |
| Zoning | HCPUD - "Commercial Industrial" HC PUD |
1 LOT AVAILABLE
Lot
| Price | $1,928,000 | Lot Size | 2.34 AC |
| Price Per AC | $824,636.44 |
| Price | $1,928,000 |
| Price Per AC | $824,636.44 |
| Lot Size | 2.34 AC |
One of the last Freeway frontage/interchange parcels remaining within Morgan Hill city limits. Great location and size for hotel, restaurant, auto sales, or specialty retail development. Flexible "Commercial/Industrial" city general plan designation.
PROPERTY TAXES
| Parcel Number | 817-08-019 | Improvements Assessment | $0 |
| Land Assessment | $1,687,969 | Total Assessment | $1,687,969 |
PROPERTY TAXES
Parcel Number
817-08-019
Land Assessment
$1,687,969
Improvements Assessment
$0
Total Assessment
$1,687,969
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