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Property profile

383 1st St Gilroy, CA 95020

OFF-MARKET
Retail space
Property ID
US10-2387739
6,796 SF 0.34 ac lot Built 1935
Last sale Apr 2025 · $675,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story mixed-use commercial property at 383 1st Street occupies a corner site on 1st Street and Hanna Street in an established commercial district near downtown Gilroy. The ground floor has an early 20th-century commercial character and was previously laid out as a restaurant with a full bar, an interior atrium, and an outdoor patio seating area, with one restroom located on the floor. The upper level is configured with office space that includes a kitchenette and private offices, with one…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$21k
Tax billed · 2024
Assessed value$1.72M
Assessed land$966k
Assessed improvement$753k
Effective rate1.24%

Value estimate

· Nov 2026
$1.48M
$1.33M – $1.63M

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$315/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$166 – $500
Qualifying comparables24

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
C1 NEIGHBORHOOD COMMERCIAL DISTRICT § 30.13.10 Statement of intent. § 30.13.20 Permitted uses and conditional uses. § 30.13.30 Site and b...
General categoryCOMMERCIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service9.3
Shoe Repair8.7
Locksmith8.5

Location

383 1st St Gilroy, CA 95020-5028
County assessor Recorded deeds · 12 transfers 24 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7171 Camino Arroyo, Gilroy, CA 95020-7308 $3,500,000 Sep 2024 7,000 SF
7025 Monterey St, Gilroy, CA 95020-6656 $415,000 Mar 2024 4,378 SF
7896 Monterey, Gilroy, CA 95020-4520 $300,000 Nov 2023 6,408 SF
8440 Murray, Gilroy, CA 95020-3636 $1,850,000 Aug 2023 8,227 SF
5680 Monterey, Gilroy, CA 95020 $2,500,000 Aug 2023 6,630 SF
7700 Monterey, Gilroy, CA 95020-5218 $2,625,000 Apr 2023 6,788 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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