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    145 Masten Ave Gilroy, CA 95020

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    For Sale
    $3,100,000

    11.54 acres of rural land with residential development potential.

    Property Features for 145 Masten Ave

    General Information

    Standard status
    Active

    Source: LEGACY REAL ESTATE & ASSOCIATES Agent GRAIL NITSCH

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

    Overview

    Residential Development Opportunity: 11.54 Acres

    This 11.54-acre rural property presents a development opportunity suitable for a residential project, subject to buyer verification with the city. The location offers convenient access while maintaining open space and privacy. The seller is open to a joint venture with a qualified builder. The property is located in Gilroy, CA and is currently generating income. The buyer will be responsible for navigating the entitlement process.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Skin Care Clinic Kitchen & Bath Food Market Electrical Service Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilroy
    County
    Santa Clara
    State
    California
    Longitude
    -121.5923397
    Latitude
    37.0584392

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    FAQs

    What type of property is this?
    Residential land & home lot - 11.54 acres of rural land with residential development potential.
    Where is this residential land & home lot located?
    The property is located at 145 Masten Ave Gilroy, CA.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - 11.54 acres of land with strong residential development potential.; - Seller open to a Joint Venture with a qualified builder or developer.; - Property is already generating income.
    (510) 744-3500
    Request Owner's contact information
    145 Masten 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
    145 Masten Ave Gilroy, CA 95020
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