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    Gilroy Agricultural Property with Organic Land Title is generated by Realmo AI

    2675 Pacheco Pass Highway, Gilroy, CA 95020

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    Claim this Listing
    For Sale
    $2,990,000

    19.2-acre agricultural property with certified organic row crop land.

    Type:Land or Vacant Lot
    Property size:
    1,600 SF
    Lot size:
    19.20 Acres
    Price / SF:
    $1,868/SF
    Added:
    Oct 4, 2025
    Days on Market:
    245
    Last Refresh:
    Apr 5 at 9:31 pm

    Property Features for 2675 Pacheco Pass Highway

    General Information

    Standard status
    Active
    Size
    1,600 SF
    Lot size
    19.20 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    PATTY FILICE

    Listing agent PATTY FILICE

    Listing office CHRISTIE'S INTERNATIONAL REAL ESTATE SERENO

    Listing date Oct 4, 2025

    Source Corcoran

    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 CHRISTIE'S INTERNATIONAL REAL ESTATE SERENO

    HighLights

    • Approximately 19.2 acres of agricultural property located just outside of Gilroy in Santa Clara County.
    • Approximately 15 acres of Certified Organic Row Crop land with agricultural well (2100 gal/min) currently leased until June 30, 2026.
    • Three residential units: 4 bed/1 bath house (approx 1600 sq ft), 1 bed/1 bath ADU (approx 762 sq ft), and 2 bed/1 bath mobile home (approx 682 sq ft), each with private domestic well.
    • Three livestock buildings with office space suitable for large animals.
    • Variety of structures suitable for AG related uses including a hay barn, shop, and other storage buildings.
    • Private man‑made pond.

    Overview

    This agricultural property, spanning approximately 19.2 acres, is situated just outside Gilroy, within Santa Clara County. It features a variety of structures, having previously served as a medium-scale milk farm and later as a large animal veterinary hospital. The property includes three residential units: a 4-bedroom, 1-bath house of approximately 1600 sq ft, a 1-bedroom, 1-bath ADU of approximately 762 sq ft, and a 2-bedroom, 1-bath mobile home of approximately 682 sq ft. Each unit has its own private domestic well. Additional structures on-site can accommodate various agricultural uses and large animals within the three livestock buildings, which include office space. A hay barn, shop, and other storage buildings offer multiple uses. The site also features approximately 15 acres of certified organic row crop land with its own agricultural well producing approximately 2100 gal/min. The row crop land is currently leased until June 30, 2026. A private man-made pond adds to the scenic nature of the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wimmer Ann DVM Veterinary Clinic Tri-County Veterinary Hospital: ... Veterinary Clinic Tri-County Veterinary Hospital Veterinary Clinic

    Suggested Use

    Grocery & Convenience Store Garden Center Grocery & Convenience Store Food Market Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilroy
    County
    Santa Clara
    State
    California
    Longitude
    -121.518
    Latitude
    37.0093

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    FAQs

    What type of property is this?
    Agricultural property - 19.2-acre agricultural property with certified organic row crop land.
    Where is this agricultural property located?
    The property is located at 2675 Pacheco Pass Highway Gilroy, CA.
    What is the asking price?
    The asking price for this property is $2,990,000.
    What are key features of this property?
    This property features: Approximately 19.2 acres of agricultural property located just outside of Gilroy in Santa Clara County.; Approximately 15 acres of Certified Organic Row Crop land with agricultural well (2100 gal/min) currently leased until June 30, 2026.; Three residential units: 4 bed/1 bath house (approx 1600 sq ft), 1 bed/1 bath ADU (approx 762 sq ft), and 2 bed/1 bath mobile home (approx 682 sq ft), each with private domestic well.
    (408) 477-8828
    We can help!
    Listing Contact
    PATTY FILICE
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2675 Pacheco Pass Highway, GILROY, CA 95020
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