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    OFF-MARKET
    Land

    18545 Monterey Rd, Morgan Hill, CA 95037

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,065,000 USD investment opportunity presents a rare chance to acquire a PUD (Planned Unit Development) zoned parcel of land located at 18545 Monterey Rd, Morgan Hill, CA 95037. Situated in Santa Clara County, this vacant land offers numerous development possibilities. The PUD zoning allows for a wide range of projects, including single-family homes, townhomes, condominiums, retail spaces, and commercial buildings, providing significant flexibility for the buyer. Morgan Hill is a thriving community at the southern edge of Silicon Valley, boasting a desirable location within the San Francisco Bay Area. Residents enjoy access to numerous amenities, including nature parks, wildlife areas, a vibrant downtown with restaurants and entertainment options, wineries, and a strong presence of high-tech companies. The property benefits from convenient freeway access and a short commute to nearby cities such as San Jose and Gilroy. This is an exceptional opportunity for investors, builders, and developers seeking a prime location with significant development potential in a highly sought-after area. The property is classified as industrial land and is currently vacant. The latitude and longitude coordinates are 37.142665, -121.663322 respectively.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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