Residential Development Opportunity: 11.54
For Sale
$4,000,000
145 Masten Avenue, Gilroy, CA 95020
11.54 acres of rural land with residential development potential.
Property Size502,682 SF
Price / SF$7.96
Days on Market410
Property Features for 145 Masten Avenue
General Information
Standard status
Active
Size
502,682 SF
Property subtype
Lots/Land
Listing Agency:
Legacy Real Estate & Associates
Listed By:
Grail Nitsch · License #01304120
(650) 772-1519
Source:
Exitrealty
Added: Aug 23, 2025
Changed: Sep 29
Last Checked: Sep 29 at 7:12AM
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 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.
Key Highlights
- 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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
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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 of rural land with residential development potential.
Where is this residential land & home lot located?
The property is located at 145 Masten Avenue 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 land with strong residential development potential.; Seller open to a Joint Venture with a qualified builder or developer.; Property is already generating income.
