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Vacant Development Land Parcel
For Sale
$2,749,950

0 Monterey RD, Morgan Hill, CA 95037

Residential Lots & Land, MORGAN HILL, CA

Property SizeContact for details
Lot Size0.92 Acres
Days on Market91

Property Features for 0 Monterey RD

General Information

Property type Land
Property subtype Other
Zoning FB-C
Lot features Grade - Level
View Mountains
Subdivision Morgan Hill / Gilroy / San Martin
Standard status Active
Lot size 0.92 Acres
Listing Agency: Intero Real Estate Services
Listed By: Scott Murray · License #01149081
Added: Jun 3 Changed: Aug 19 Last Checked: Sep 1 at 6:06PM
MLS# ML82019675

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a vacant development lot totaling 0.92 acres. The property is zoned FB-C and described as part of the Monterey Corridor form-based area, providing a planning framework intended for development within the established corridor.

Located on Monterey Rd in Morgan Hill, the site is identified as being within approximately 0.40 mile of the Caltrans Train Station. The seller’s remarks also note walkable access to schools, shopping, trails, and the train station, with the Caltrans Train Station characterized as the only major transit stop in Morgan Hill.

For buyers and developers, the combination of a vacant assemblage and FB-C form-based zoning may support a range of mixed-use residential concepts, including affordable residential components, as described in the seller’s comments referencing current housing legislation. The property is currently listed as for sale, and the seller indicates willingness to consider seller financing. Prospective purchasers should review the applicable FB-C standards and any development requirements in detail as part of their due diligence for project planning.

Key Highlights

  • Prime 0.92 AC Vacant Lot in Downtown Morgan Hill
  • Zoned Monterey Corridor Form Based (FB‑C) Allowing Mixed‑Use Residential and Affordable Projects
  • Located within 0.40 mile of Caltrans Train Station (Major Transit Stop)

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

1,289
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant land parcel zoned FB-C near a Caltrans train station, positioned for mixed-use residential development.
Where is this commercial land located?
The property is located at 0 Monterey RD Morgan Hill, CA.
What is the asking price?
The asking price for this property is $2,749,950.
What are key features of this property?
This property features: Prime 0.92 AC Vacant Lot in Downtown Morgan Hill; Zoned Monterey Corridor Form Based (FB‑C) Allowing Mixed‑Use Residential and Affordable Projects; Located within 0.40 mile of Caltrans Train Station (Major Transit Stop)
More about this property
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