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    7451 Monterey St Gilroy, CA 95020

    For Sale
    $1,449,950

    Two buildings on one lot in downtown Gilroy.

    Lot size:
    0.07 Acres

    Property Features for 7451 Monterey St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1900

    Source: The Realty Society Agent Ryan Mull

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

    Overview

    Renovated Retail/Office Storefront Building

    This property features two buildings situated on a single lot. The property is located in downtown Gilroy, California, an area described as undergoing rejuvenation. The building has been completely renovated, upgraded, and retrofitted. It is designed to be turnkey and up to code. A security and surveillance system is in place. The property is suitable for live, work, play, event center, retail, or office use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Azucena Blooms, Gilroy Flower Shop, Rosies & Posies Florist, Friday Flowers Gilroy, Rosies & Posies

    Location Insight

    • Map
    • Local Demand
    City
    Gilroy
    County
    Santa Clara
    State
    California
    Longitude
    -121.569224
    Latitude
    37.007639

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    FAQs

    What type of property is this?
    Storefront property - Two buildings on one lot in downtown Gilroy.
    Where is this storefront property located?
    The property is located at 7451 Monterey St Gilroy, CA.
    What is the asking price?
    The asking price for this property is $1,449,950.
    What are key features of this property?
    This property features: - Two buildings on one lot.; - Completely renovated, upgraded, and retrofitted.; - Located in a downtown area undergoing rejuvenation.
    (408) 805-0359
    Request Owner's contact information
    7451 Monterey St 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
    7451 Monterey St Gilroy, CA 95020
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