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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    18655 Black Rd, Los Gatos, CA 95033

    17 ac lot
    Property ID
    US10-2745475
    Property summary
    AI-generated overview

    This exceptional 17-acre property in Los Gatos, California, presents a unique opportunity for upscale custom home development. Located in a prestigious area boasting multi-million dollar homes (with completed homes averaging $1,290-$1,550 per square foot), this land comprises three separate buildable parcels: 13.75 acres (APN 544-58-005), 1.93 acres (APN 544-58-008), and 2.35 acres (APN 544-58-006). The property is offered as a bulk purchase (MLS# ML81933952) for $1,000,000. Existing infrastructure includes wells and readily available electricity. Conveniently located just 0.6 miles from Highway 17, providing easy access to downtown Los Gatos. Enjoy the proximity to numerous outdoor recreational opportunities, including hiking, biking, and open space preserves. Breathtaking views of Silicon Valley and Lexington Reservoir enhance the property's desirability. The location offers proximity to Black Ridge Vineyards, St. Joseph's Hill Preserve, Lexington Reservoir County Park, Los Gatos Creek Trail, Bear Creek Redwoods Open Space Preserve, and several other vineyards. The property also benefits from being in the highly sought-after Los Gatos school district. Comprehensive due diligence materials, including a conceptual design, well reports, soils, geologic, and geotechnical reports, are available. This is a rare chance to acquire a substantial land parcel in a prime location. Zoning is A140.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 17 ac (740,520 SF)
    APN 544-58-005;544-58-008; 544-58-006
    UPID US10-2745475
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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