8955 Monterey Rd, Gilroy, CA
Four warehouse buildings on 2.05 acres in Gilroy, CA.
- Added:
- Nov 4, 2025
- Days on Market:
- 218
- Last Refresh:
- May 20 at 9:11 pm
Property Features for 8955 Monterey Rd
General Information
- Standard status
- Active
- Size
- 11,500 SF
- Lot size
- 2.05 Acres
- Property subtype
- INDUSTRIAL
Listing agent Dixie Divine (408) 313-8900
Listing office Prime Commercial, Inc. (408) 879-4000
Listing date Nov 4, 2025
Source Moodyscre
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 Prime Commercial, Inc.
HighLights
- Four commercial/warehouse buildings totaling over 11,500 square feet.
- Large 2.05‑acre lot (89,298 square feet).
- Zoned R4 – High Density Residential (potential for 20 units per acre).
- Ease of access with over 260 linear feet of frontage.
- Commercial/Warehouse Buildings
- APN: 790‑14‑025
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $296.7k | $25.80 |
| − Vacancy | −$22.5k | −$1.96 |
| EGI | $274.2k | $23.84 |
| − OpEx | −$41.1k | −$3.58 |
| NOI | $233.1k | $20.27 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Mini Storage of Gilroy — 50 E Luchessa Ave, Gilroy, CA 95020
- Fischer Storage Facility Units — 6351 Cameron Blvd, Gilroy, CA 95020
Location Insight
- Map
- Local Demand
- City
- Gilroy
- County
- Santa Clara
- State
- California
- Longitude
- -121.579
- Latitude
- 37.0269