Search
Entitled Townhome Development Opportunity
For Sale
$3,475,000

30-50 Myrtle Avenue, Morgan Hill, CA 95037

Land for 16 townhomes in Morgan Hill, California.

Property Size34,674 SF
Lot Size0.80 Acres
Price / SF$100.22
Days on Market211

Property Features for 30-50 Myrtle Avenue

General Information

Standard status Active
Size 34,674 SF
Lot size 0.80 Acres
Property subtype Commercial

Amenities

Other

Building Details

Year Built 2026
Listing Agency: COMPASS
Listed By: TONY ZIZZO · License #01962093
Source: Corcoran
Added: Jan 23 Changed: Aug 8 Last Checked: Jul 16 at 7:14AM

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 COMPASS

Investment Insights

Based on property information with market context.

The property at 30-50 Myrtle Ave in Morgan Hill, California, comprises two parcels totaling 34,674 square feet. The site is fully entitled for the construction of 16 townhomes. The planned development includes two 3-bedroom, 3.5-bathroom units and fourteen 3-bedroom, 3-bathroom units. This presents an opportunity in a market with low inventory, suitable for a multifamily owner to rent and operate, or for individual sale of the completed units.

Key Highlights

  • 16 fully entitled townhomes ready to build.
  • Low inventory market.
  • Option to rent and operate or sell individually.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Computer & Electronic Repair Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,572
Businesses Nearby

Demographics for 95037, CA

53,126
Population
17,185
Households
3.1
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
120.1 sq mi
ZIP Area
442
Density / Sq Mi
$158,256
Median Household Income
$71,130
Median Earnings
$2,242
Median Rent
$1,152,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land for 16 townhomes in Morgan Hill, California.
Where is this residential land & home lot located?
The property is located at 30-50 Myrtle Avenue Morgan Hill, CA.
What is the asking price?
The asking price for this property is $3,475,000.
What are key features of this property?
This property features: 16 fully entitled townhomes ready to build.; Low inventory market.; Option to rent and operate or sell individually.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message