951-981 Renz Ln Gilroy, CA 95020
This exceptional industrial property, located at 951-981 Renz Ln, Gilroy, CA 95020, offers a substantial 205,600 square feet of warehouse space situated on a generous 12.84-acre lot. The property is comprised of two buildings: Building 1 encompasses 95,400 square feet, while Building 2 offers 110,200 square feet of space. Construction is anticipated to be finalized in the first quarter of 2024. The warehouse features an advanced fire suppression system with Early Suppression Fast Response (ESFR) sprinklers, providing superior protection. The property's location in Santa Clara County, California, offers excellent access to major transportation arteries, making it an ideal location for logistics and distribution businesses. While the total unit size is 205,600 square feet, there is also mention of a smaller unit size of 3,551 square feet, suggesting potential for flexible lease arrangements. This prime industrial space presents a rare opportunity for businesses seeking a large, modern, and well-equipped warehouse in a strategic location. The property's size and features make it suitable for a wide range of industrial and warehousing operations. Contact us today to learn more about this exceptional opportunity.
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
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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.