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    Monterey Rd Morgan Hill, CA 95037

    For Sale
    $2,749,950

    Residential Lots & Land - MORGAN HILL, CA

    Lot size:
    0.92 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for Monterey Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    FB-C
    Lot size
    0.92 Acres

    Building Details

    Architectural style
    Other

    Intero Real Estate Services, Inc. (866) 334-7356 [email protected]

    Listing agent Scott Murray (408) 778-7474 License #01149081

    Listing date Sep 3, 2025

    MLS# ML82019675 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

    Downtown Morgan Hill Development Opportunity

    This vacant lot, spanning 0.92 acres, is located in downtown Morgan Hill. Zoned Monterey Corridor Form Based (FB-C), the property is situated within 0.40 miles of the Caltrans Train Station, the only major transit stop in Morgan Hill. The site is suitable for various types of projects, including mixed-use residential and affordable housing, taking advantage of new housing bills. The location provides convenient access to schools, shopping, trails, and the train station, offering a vibrant downtown living experience. Seller financing options are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Morgan Hill
    County
    Santa Clara
    State
    California
    Longitude
    -121.699956
    Latitude
    37.178405

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    FAQs

    What type of property is this?
    Land - Vacant lot near train station, ideal for mixed-use development.
    Where is this land located?
    The property is located at Monterey Rd Morgan Hill, CA.
    What is the asking price?
    The asking price for this property is $2,749,950.
    What are key features of this property?
    This property features: - Prime .92 AC vacant lot in Downtown Morgan Hill, ideal for development.; - Zoned Monterey Corridor Form Based (FB-C) allowing for mixed-use projects.; - Just .40 mile from Caltrain Train Station (major transit stop).
    (408) 778-7474
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    Monterey Rd Morgan Hill, CA 95037
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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
    Monterey Rd Morgan Hill, CA 95037
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