Residential Development Opportunity in
For Sale
$4,000,000
145 Masten Ave, Gilroy, CA 95020
11.54 acres ideal for residential development in Gilroy.
Property SizeContact for details
Lot Size11.54 Acres
Days on Market155
Property Features for 145 Masten Ave
General Information
Standard status
Active
Lot size
11.54 Acres
Property subtype
Farm and Ranch Properties
Listing Agency:
LEGACY REAL ESTATE & ASSOCIATES
(650) 772-1519
Listed By:
Grail Nitsch
(650) 772-1519
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Jul 16 at 6:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LEGACY REAL ESTATE & ASSOCIATES
Investment Insights
Based on property information with market context.
This 11.54-acre rural property presents a development opportunity suitable for a developer, builder, or investor. The property is located in Gilroy, California. It is suitable for a residential project, though the buyer needs to verify project possibilities with the city. The seller is open to a joint venture with a qualified builder. The location provides convenient access while offering open space and privacy. The property is already bringing in an income. The buyer must go through the entitlement process to build Phase 2 of Silicon Valley.
Key Highlights
- 11.54 acres of rural land suitable for residential development.
- Strong residential development potential in a desirable location.
- Seller is open to a joint venture with a qualified builder or developer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 95020, CA
68,090
Population
20,679
Households
3.3
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
151.8 sq mi
ZIP Area
449
Density / Sq Mi
$134,242
Median Household Income
$50,421
Median Earnings
$2,256
Median Rent
$1,005,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 11.54 acres ideal for residential development in Gilroy.
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 $4,000,000.
What are key features of this property?
This property features: 11.54 acres of rural land suitable for residential development.; Strong residential development potential in a desirable location.; Seller is open to a joint venture with a qualified builder or developer.
