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5480 Monterey Highway - Vacant Land - Vacant Land, Gilroy, CA

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5480 Monterey Highway - Vacant Land - Vacant Land

Gilroy, CA 95020-8031 - Outlying Santa Clara County MF Submarket

(718.5 KB)

Property Type:Land Parcel Size:29.7 Acres
For Sale Price:$5,500,000 Price/Acre:$185,185 Price/SF:$4.25

Proposed Use:Commercial, Industrial, Retail, Hospitality, Restaurant, Trailer/Camper Park, Truck Stop

On-Site Improv:-

Property Description
The subject property is located just south of the southern most
exits off 101 Freeway in Gilroy. More specifically, it is at 5480
Monterey Rd, Gilroy, California. Monterey Rd is parallel to Hwy
10. Excellent site visibility from Hwy 101. Over 150,000 cars per
Identification of the Property
The subject consists of two parcels totaling 29.72 Acres of land
with a home and attached storage area. The home was constructed
in 1962 and the storage area attached in 1965. The property is in a
rectangular shape with some angles making the property narrower
in the front than the rear.
Owners of Record
The subject property is under the ownership of Filice Trust, which
has held ownership since 1988 and was held in the family since
Legal Description
Assessors parcel Number 841-14-026 & 027

Sale Notes:
Parcel of land at 29.7 acres for sale. Hwy. 101, Major Visibility, Commercial or Industrial uses allowed. Good for Retail, RV Park, Mini-Warehouse, Motels, R&D ect.
Under construction now or soon to be within 2 blocks of subject- Jack in The Box, Ramada Inn, Marriots, Convenience Store, Motel 6, Truck Stop, 80 Acre Recreational Facility ect. Excellent potential for increase in value.

APN # 841-14-026 & 027.

Renz & Renz
George L Renz
(408) 846-1031 x1

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