Listing Agency: Colliers | Gilroy J***@colliers.com Show Phone

Listed By: Mark Sanchez · License #CA-00883278 Show Phone

Source: Moodyscre

Added: May 16, 2025 Changed: Aug 8 Last Checked: Aug 21 at 9:56AM

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Investment Insights

Based on property information with market context.

This industrial land, zoned M2 for heavy industrial use, offers access to both Highway 101 and Highway 152. The property can be combined with an adjoining property to create a total of 89.54 acres. The property is currently in escrow, scheduled to close in March 2025.

Key Highlights

• Zoned M2, Heavy Industrial
• Great access to 101 and Hwy 152
• Can combine for 89.54 acres with adjoining property

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Veterinary Clinic Barber Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

383

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Industrial land with access to highways 101 and 152.

Where is this land located?

The property is located at 625 E Luchessa Ave Gilroy, CA.

What is the asking price?

The asking price for this property is $32,926,128.

What are key features of this property?

This property features: Zoned M2, Heavy Industrial; Great access to 101 and Hwy 152; Can combine for **89.54 acres** with adjoining property