Vineyard Property with Winery
For Sale
$2,650,000
2143 Buena Vista Avenue, Gilroy, CA 95020
Commercial Sale, Gilroy, CA
Property Size8,000 SF
Lot Size9.20 Acres
Price / SF$331.25
Days on Market160
Property Features for 2143 Buena Vista Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Cross Fenced
Directions
HWY 101S to Exit 360, left on Masten Ave, Turn right onto No Name Uno, turn left onto Buena Vista Ave, Winery will be on your left.
Standard status
Active
APN
83511088
Lot size
9.20 Acres
Building Details
Year built
2017
Listing Agency:
Vineyard Professional Real Estate
(805) 610-6741
Listed By:
Brittany Thompson · License #02091924
(805) 550-8883
Added: Mar 16
Changed: Aug 20
Last Checked: Aug 22 at 10:06AM
MLS# NS26060186
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 9.20+/- acre vineyard property includes a winery, tasting room, outdoor seating areas, and more than 8,000 square feet of enclosed and covered improvements. The site contains 7+ acres of vines planted in 2015 with six varietals, along with space supporting production, barrel and case storage, hospitality, and events. Current configuration supports approximately 5,000 cases of annual production, with expansion to 10,000 cases possible through changes to the crush pad. A well producing approximately 400 gallons per minute supplies water for vineyard and operating needs.
Located at 2143 Buena Vista Avenue in Gilroy, the property sits along the Santa Clara Valley Wine Trail and offers access to Silicon Valley, the greater Bay Area, and Monterey Bay. Cross fencing is in place, and the improvements were built in 2017. County rules allow a primary residence in addition to the existing infrastructure.
Located at 2143 Buena Vista Avenue in Gilroy, the property sits along the Santa Clara Valley Wine Trail and offers access to Silicon Valley, the greater Bay Area, and Monterey Bay. Cross fencing is in place, and the improvements were built in 2017. County rules allow a primary residence in addition to the existing infrastructure.
Key Highlights
- 9.20+/- acres with 7+ acres of established vineyard
- Winery improvements include more than 8,000 square feet of enclosed and covered space
- Current production configuration supports approximately 5,000 cases annually
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$133,528
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,670,560
$2.7M
Cap Rate 7%
$1,907,543
$1.9M
Cap Rate 9%
$1,483,644
$1.5M
Market Conditions
NOI Build-Up for 8,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$206.4K $25.80/SF
− Vacancy
−$15.6K −$1.96/SF
EGI
$190.8K $23.84/SF
− OpEx
−$57.2K −$7.15/SF
NOI
$133.5K $16.69/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,670,560
Cap Rate 7%
$1,907,543
Cap Rate 9%
$1,483,644
Alternative Uses
Best Use
Industrial
$1.91M
$1.67M – $2.23M
NOI $133,528 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.83M
$4.23M – $5.63M
NOI $338,081 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
24
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Vineyard - Established vineyard acreage accompanies production, hospitality, storage, and event improvements in California wine country.
Where is this vineyard located?
The property is located at 2143 Buena Vista Avenue Gilroy, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 9.20+/- acres with 7+ acres of established vineyard; Winery improvements include more than 8,000 square feet of enclosed and covered space; Current production configuration supports approximately 5,000 cases annually
