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108 Chickadee Dr Gilroy, CA 95020

OFF-MARKET Retail properties & Spaces Google Maps
36,460 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 36,460-square-foot property in Gilroy, California, presents a unique investment opportunity. Located at 108 Chickadee Dr, 95020, this land parcel is zoned ND-Neighborhood District and enjoys a prime location at the entrance to the thriving Harvest Park residential development. Harvest Park comprises 161 single-family homes and 98 apartment units, ensuring a built-in customer base. A conceptual plan is in place for a 12-unit multifamily building incorporating 3,500 square feet of retail space, maximizing the property's potential. The site boasts high traffic counts and excellent frontage and visibility on Monterey Road, providing unparalleled exposure for any retail venture. The asking price is $950,000, translating to $26.06 per square foot. This represents a compelling opportunity to develop a mixed-use project in a rapidly growing residential area. Detailed information and the full package are available upon request. This is a rare chance to acquire a strategically positioned asset with significant upside potential in the desirable Santa Clara County market. Don't miss this chance to capitalize on this prime location and build a thriving business.

Property profile

Verified
Property type Retail properties & Spaces
Total area 36,460 SF

Cap rate & NOI

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

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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