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Property profile

8120 Dr Gilroy, CA 95020

OFF-MARKET
Mixed-use properties
79715 ac lot Built 1987
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Property summary

AI-generated overview

This exceptional 79,715-acre parcel presents a rare opportunity for mixed-use development in the thriving city of Gilroy, California. Located at 8120 Drive, this expansive property offers significant potential for a variety of commercial and potentially residential ventures. The sheer size of the land allows for ambitious projects, catering to a range of needs and uses. Given its location in Gilroy, the property benefits from access to established infrastructure, including transportation networks and utilities. The area is known for its strong economic activity and growing population, making this a highly attractive investment. Detailed site analysis and feasibility studies would be required to determine the optimal development plan, but the scale and location of this property suggest a high return on investment for the right developer. The asking price of $6,720 reflects the significant potential of this unique opportunity. Serious inquiries are encouraged to explore the possibilities and undertake due diligence. This is a blank canvas for a visionary project in a dynamic and growing region. The property's size and location offer unparalleled flexibility for a wide range of development scenarios, from large-scale commercial projects to potentially incorporating residential components. Further investigation into zoning regulations and permitted uses is recommended. This is a chance to acquire a substantial land holding in a desirable California location.

Property profile

Verified
Property type Mixed-use properties
Year built 1987
Lot 79715 ac (3,472,385,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8120 Dr Gilroy, CA 95020
Gilroy metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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