Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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