0 Buena Vis And Hwy 101 Hwy, Gilroy, CA 95020
This exceptional 10-acre commercial land parcel in Gilroy, California, presents a significant development opportunity. Located near Highway 101, the property boasts a prime location within the city's Urban Service Boundary, allowing for immediate development. The parcel is zoned AG, offering flexibility for various commercial uses. Its proximity to the proposed High-Speed Rail station (approximately 10 minutes away) and its position within an area designated as an Employment Center in the Gilroy 2040 General Plan further enhance its investment potential. The Employment Center designation supports businesses and a wide range of employment types, including office development, light industrial, research and development, medical, and high-tech uses. The property's location along Buena Vista and Highway 101 provides excellent visibility and accessibility. The 10-acre lot offers a maximum Floor Area Ratio (FAR) of 3.0, providing substantial development potential. The asking price is $1,900,000, with a price per acre of $245,000. The property's APN is 835-06-013. This is a rare opportunity to acquire a large, developable parcel in a rapidly growing area, poised to benefit from significant infrastructure improvements and planned development. The property is approximately 1.5 miles from Gilroy's downtown core. While the surrounding area currently has an agricultural character, this is considered an interim use, and the property's location within the Urban Service Boundary ensures future development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.