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    111 Farrell Ave Gilroy, CA 95020

    For Sale
    $299,000

    Residential Lots & Land - GILROY, CA

    Lot size:
    0.15 Acres
    Days on Market:
    157
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 111 Farrell Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    Lot size
    0.15 Acres

    Building Details

    Architectural style
    Other

    Next Realty Inc (347) 400-5878 [email protected]

    Listing agent Brian Liu (408) 658-0615 License #01937250

    Listing date Jul 8, 2025

    MLS# ML82005363 Listing URL

    Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lots in Gilroy, CA

    An exceptional opportunity exists to acquire three residential lots located on Farrell Avenue in Gilroy, CA. Significant civil preparations have been made, streamlining the development process. Architectural plans for three single-family homes, each approximately 3,000 sqft, have been submitted to the city. One lot at 119 Farrell Ave is approximately 0.3607 acres (15,710 sqft), and two lots at 111 Farrell Ave and 103 Farrell Ave are each approximately 0.1537 acres (6,694 sqft). These lots are sold as a combined package, providing an excellent opportunity for builders or investors looking to develop a cohesive residential community or spacious private estate. The zoning is R1. The listing price applies only to the specific lot listed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gilroy
    County
    Santa Clara
    State
    California
    Longitude
    -121.583327
    Latitude
    37.031401

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    FAQs

    What type of property is this?
    Land - Three residential lots available for development in Gilroy, California.
    Where is this land located?
    The property is located at 111 Farrell Ave Gilroy, CA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Three prime residential lots offered as a combined package, ideal for development.; - Architectural plans for three approximately 3,000 sqft single-family homes have been submitted to the city.; - Significant civil preparations completed, streamlining the development process.
    (408) 658-0615
    Request Owner's contact information
    111 Farrell Ave Gilroy, CA 95020
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    Gilroy, CA 95020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Farrell Ave Gilroy, CA 95020
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