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    8921 Murray Ave Gilroy, CA 95020

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    For Sale
    $1,500,000

    Industrial property featuring a yard and convenient freeway access.

    Property size:
    4,298 SF
    Lot size:
    0.50 Acres

    Property Features for 8921 Murray Ave

    General Information

    Size
    4,298 SF
    Lot size
    0.50 Acres

    Source: Colliers | Gilroy Agent Mark Sanchez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Property with Yard Space

    This property, zoned M1 (limited industrial), features a total lot size of 0.50 acres. It includes a yard area of approximately 6,681 square feet with a small workshop. The building size is 4,298 square feet. The property offers convenient freeway access via 101 and Leavesley Road.
    Insight Report Location Intelligence

    Current Use by Public Records

    Top Hobby Electronics Store Superior Service Cooling ... Hvac Contractor G.B. Group Construction ... Construction Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilroy
    County
    Santa Clara
    State
    California
    Longitude
    -121.5736451
    Latitude
    37.0290175

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    FAQs

    What type of property is this?
    Flex space - Industrial property featuring a yard and convenient freeway access.
    Where is this flex space located?
    The property is located at 8921 Murray Ave Gilroy, CA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Zoned M1 (limited industrial); - **±6,681 SF yard area with small workshop**; - .50 AC total lot size
    (408) 313-8444
    Request Owner's contact information
    8921 Murray 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
    8921 Murray Ave Gilroy, CA 95020
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