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Mixed-Use Multifamily Development Site
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95 East Main Avenue, Morgan Hill, CA 95020

A 2.52-acre site zoned MU-N, permitting 8 to 20 units per acre, with current leases in place through 6/30/29.

Property SizeContact for details
Lot Size2.52 Acres
Days on Market99

Property Features for 95 East Main Avenue

General Information

Standard status Active
Lot size 2.52 Acres
Property subtype Mixed Use, Land
Zoning Neighborhood Mixed Use (MU-N)
Investment Type Redevelopment
Listing Agency: Colliers - San Francisco - Gilroy, California
Listed By: Mark Sanchez · License #CA 00988234
Source: Crexi
Added: Jun 6 Changed: Sep 10 Last Checked: Sep 12 at 6:08AM

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 Colliers - San Francisco - Gilroy, California

Investment Insights

Based on property information with market context.

The offering consists of a 2.52-acre property zoned Neighborhood Mixed Use (MU-N). Zoning allows for development at a density of 8 to 20 units per acre.

The property is currently leased through 6/30/29, and prospective parties are instructed not to disturb tenants. Address: 95 E Main Ave.

Key Highlights

  • 2.52‑acre site zoned Neighborhood Mixed Use (MU‑N)
  • Zoning allows 8 to 20 units per acre
  • Property is currently leased through 6/30/29

Property Analytics

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Current Use

A Tool Shed Equipment ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Computer & Electronic Repair Parking Lot & Garage Grocery & Convenience Store Law Firm (Bike/Boat/Book/etc) Store Tech Support Center

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

1,307
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A 2.52-acre site zoned MU-N, permitting 8 to 20 units per acre, with current leases in place through 6/30/29.
Where is this apartment building located?
The property is located at 95 East Main Avenue Morgan Hill, CA.
What is the asking price?
The asking price for this property is $7,100,000.
What are key features of this property?
This property features: 2.52‑acre site zoned Neighborhood Mixed Use (MU‑N); Zoning allows 8 to 20 units per acre; Property is currently leased through 6/30/29
(408) 842-7000 Call to check price and availability
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