951 Renz Ln - Industrial LAND FOR SALE


Gilroy, CA 95020 217,800 SF
$9,000,000 USD
213-613-3053
951 Renz Ln, Gilroy, CA for Sale
$9,000,000 USD
Industrial LAND - FOR SALE
1/1
217,800 SF

951 Renz Ln
Gilroy, CA 95020


HIGHLIGHTS

  • Fully Entitled and permit ready Industrial Development
  • Two Class A Industrial Buildings Totaling +206,326 SF
  • Permitted Use –Warehouse Distribution
  • Flexible design allows for full building or multi-tenant occupancy catering to a broad range of users
  • Separately parceled offering multiple exit strategies including user sales
  • Multiple points of ingress/egress

OVERVIEW

CBRE is pleased to present the opportunity to acquire the Renz Industrial Center, a fully entitled and shovel-ready industrial development site located in Gilroy, California. The 12.84-acre property is approved for the development of a two-building Class A industrial project totaling 206,328 square feet and offers investors, developers, and owner-users the rare opportunity to acquire a permit-ready site in one of Northern California's most supply-constrained industrial corridors. Building permits must be pulled by December 1, 2026 to preserve the existing entitlements and approved building plans. Positioned immediately off Highway 101, the site provides strategic access to Silicon Valley, the greater Bay Area, the Salinas Valley, and Central California. Gilroy continues to benefit from tenant migration out of higher-cost Silicon Valley submarkets while maintaining some of the lowest land acquisition costs in the Bay Area. The approved project has been thoughtfully designed to accommodate a variety of occupancy strategies, including a single campus user, two-building occupancy, or a multi-tenant configuration, allowing future ownership flexibility to respond to evolving market demand. The surrounding South County industrial market is anchored by institutional ownership and a growing roster of corporate users. Coupled with limited new industrial supply, strong tenant demand, and rental rates that compare favorably to development economics throughout the broader Silicon Valley and East Bay markets, Renz Industrial Center offers a compelling opportunity to develop a modern industrial asset in a highly strategic location with significant long-term growth potential.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/ACRE

$1,800,000/AC

PRICE/SF

$41 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Renz Industrial Center

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Commercial, Industrial

LAND ACRES

5 AC

LAND SF

217,800 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

A1-25

APN/PARCEL ID

841-18-095,841-18-096

ASK ABOUT THIS PROPERTY

Rebecca PerlmutterCBRE, Inc.More Info
213-613-3053

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Rebecca PerlmutterCBRE, Inc.More Info
213-613-3053

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.