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Financial
Distress signals
Property profile

505 Mayock Rd Gilroy, CA 95020

FOR LEASE
Industrial properties
Property ID
US09-2496341
24,000 SF 2.44 ac lot Built 1989
Individually Owned Owner of record is an individual. 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

This single-story, 24,000-square-foot industrial warehouse, located at 505 Mayock Road in Gilroy, California, presents a significant leasing opportunity. Built in 1989 and zoned M2 – Heavy Industrial, the property offers multiple tenancy options. Currently, 4,800 square feet of space is immediately available, with individual units of 1,200 square feet. The building features two drive-in doors, providing convenient access for loading and unloading. Ample parking is available, with a ratio of…

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?
$25k
Tax billed · 2024
Assessed value$1.83M
Assessed land$566k
Assessed improvement$1.27M
Effective rate1.35%

Value estimate

· Oct 2026
$1.16M
$1.04M – $1.27M
Submarket $/SF estimate$928k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 1,144,514.29% cap applied$20k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$141/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$71 – $228
Qualifying comparables15

Cap rate analysis

How does the asset earn?
1,144,514.29%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M1
The intent of the M1 limited industrial district is to designate industrial areas in the city that are appropriate to locate in close pro...
General categoryINDUSTRIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.8
Law Firm9.5
Realty agency9.3

Location

505 Mayock Rd Gilroy, CA 95020
County assessor Recorded deeds · 1 transfer 15 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
255 Mayock, Gilroy, CA 95020-7032 $7,400,000 Dec 2025 21,000 SF
7050 Monterey, Gilroy, CA 95020-6614 $1,400,000 Jun 2024 23,360 SF
6800 Silacci, Gilroy, CA 95020-7007 $830,000 Sep 2023 21,620 SF
6920 Monterey, Gilroy, CA 95020-6626 $1,400,000 Mar 2023 20,000 SF
101 Leavesley, Gilroy, CA 95020-3604 $2,500,000 Dec 2022 28,480 SF
5975 Rossi, Gilroy, CA 95020-7014 $8,250,000 Sep 2022 31,613 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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