1170 Diana AveMorgan Hill, CA 95037

Property Details for 1170 Diana Ave

Lot size

7.51 AC

Zone code

A-20A

Property type

Agricultural properties

Property subtype

Vineyards

APN

728-17-036

APU

72817036

Description

This exceptional 7.51-acre commercial land parcel presents a remarkable investment opportunity on Morgan Hill's coveted Auto Row, directly adjacent to established Ford and Chrysler/Jeep dealerships. Located on Diana Avenue in Santa Clara County, CA (zip code 95037), this property boasts unparalleled visibility and accessibility from US Highway 101, experiencing approximately 120,000 daily commuters. The HC-PD (highway commercial planned development) zoning allows for a variety of uses, ideal for auto dealerships, RV centers, truck sales, or similar businesses. The seller possesses renderings for a potential dealership and service station, and entitlements are currently in progress. This prime location benefits from a jointly shared freeway monument sign, ensuring maximum brand exposure. The property is divisible, offering flexibility for developers or owner-users. Serving the growing populations of Morgan Hill, Gilroy, San Martin, Southern San Jose, Hollister, and Northern San Benito County, this 7.51-acre site represents a unique chance to capitalize on a thriving automotive market. The asking price is $7,500,000. Broker co-op is available.

• Alternative Use

  Use

  Valuation

  Residential

  $112,130,680

  Hospitality

  $102,711,096

  Educational

  $85,454,432

  Medical

  $88,393,336

  Retail

  $132,929,112

Location Insight

City

Morgan Hill

County

Santa Clara

State

California

Latitude

37.1371

Longitude

-121.635

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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