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$ 2,200,000
$ 2,200,000
Est. payment | /mo
40.62 Acres Lot
$ 2,200,000
$ 2,200,000
Est. payment | /mo
40.62 Acres Lot
Key Details
Sold Price $2,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81994525
Sold Date 04/07/25
HOA Y/N No
Lot Size 40.620 Acres
Property Description
Rare Investment Opportunity in Gilroy! Income-producing 40+/- acres (not in Williamson Act) with three contiguous parcels sold together: APNs 835-15-001, 835-15-002, 835-15-003. Value is in the landno value assigned to the two residences (permit status & age unknown). All tenants wish to stay. 38 farmable acres leased through 11/30/2026. Two long-term residential tenants on month-to-month leases. Newer 2022 well serves the entire property. Prime Santa Clara County location! Borders Gilroy city limits to the west, adjacent to Saint Louise Regional Hospital, and near Gilroy Premium Outlets and freeway access. The flat, usable land may offer potential for various uses, such as vineyards, equestrian facilities, or continued farming. Buyer to verify suitability for intended use. As-is sale.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning A-40A
Interior
Fireplace No
Exterior
Fence None
Utilities Available Electricity Available
Present Use Agricultural
Building
Water Well
Schools
School District Gilroy Unified
Others
Tax ID 83515001
Financing Cash
Listed by Terry Moriyama • Real Brokerage Technologies
Bought with Bevan Lew
Bought with Bevan Lew
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Maryann Augustine
Broker-Owner | Lic# 01224089