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Flat Residential Development Lot
For Sale
$1,599,000

9555 Santa Teresa Blvd, Gilroy, CA 95020

Flat lot with an unhabitable single-family home slated for demolition, with plans to split into four residential lots.

Property SizeContact for details
Days on Market98

Property Features for 9555 Santa Teresa Blvd

General Information

Standard status Active
Property subtype Land
Listing Agency: Golden State Realty, Jsg
Listed By: Rakesh Pabla · License #01507068
Source: Exprealty
Added: May 6 Changed: Aug 8 Last Checked: Jul 20 at 11:05AM

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 Golden State Realty, Jsg

Investment Insights

Based on property information with market context.

This offering consists of a flat residential development lot featuring an existing single-family house in unhabitable condition that will require demolition. The property is being pursued for a four-lot residential subdivision with plans currently in process to split into individual lots for single-family home development.

The entitlement phase is noted as completed and the next step is planning department review, according to the provided remarks. The owner states the buyer should verify all development potential, approvals, and timelines with the City of Gilroy.

Because the current home condition affects usability, prospective buyers should factor in demolition and confirm subdivision requirements during their due diligence. All development outcomes are subject to City of Gilroy review.

Key Highlights

  • Flat lot in Gilroy immediately next to an established residential community
  • Plans are in process to split the property into 4 residential lots for single‑family home development
  • Entitlement phase completed and ready for planning department review

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Pharmacy Building Supply

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

481
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Flat lot with an unhabitable single-family home slated for demolition, with plans to split into four residential lots.
Where is this residential land & home lot located?
The property is located at 9555 Santa Teresa Blvd Gilroy, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Flat lot in Gilroy immediately next to an established residential community; Plans are in process to split the property into 4 residential lots for single‑family home development; Entitlement phase completed and ready for planning department review
More about this property
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