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    OFF-MARKET
    Land

    2nd Entry Off Of Turlock, San Martin, CA 95046

    129 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 129-acre property presents a rare opportunity in San Martin, California. Located at the end of Fitzgerald Avenue, with a secondary access off Turlock Road, this expansive land boasts a prime building site with approved grading for a 4,358 square-foot estate. Alternatively, a secondary building location on a knoll is also available. The property is uniquely situated bordering the prestigious Cordevalle Vineyard and Country Club, offering convenient access to its amenities via a short golf cart ride. A newly installed well, tested at 20 gallons per minute (GPM) with an estimated yield of 40 GPM, ensures ample water resources. Beyond residential development, the land's potential extends to viticulture, mirroring the adjacent vineyard. The property is zoned AW and features a gated entrance for enhanced privacy. Conveniently located near shopping and other amenities, it's also within easy reach of major transportation routes, including Highway 101, and is approximately 15 miles from Highway 85, 32 miles from San Jose Mineta International Airport, and 36 miles from Apple headquarters in Cupertino. The property's APN is 779-21-003. The asking price is $2,125,000, and the sale is structured to accommodate a 1031 exchange. A complete disclosure package is available.

    Property profile
    Verified
    Property type Land
    Lot 129 ac (5,619,240 SF)
    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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