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Property profile & analytics
OFF-MARKET Estimated value $1,110,000
Retail space

7790 Eigleberry St Gilroy, CA 95020-5146

2,618 SF 0.18 ac lot Built 1920
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US09-0722574
Property summary
AI-generated overview

This exceptional Gilroy retail property, located at 7790 Eigleberry Street, presents a unique investment opportunity. The property encompasses a 2,618 square foot building situated on a 0.179-acre lot, zoned DED (Downtown Expansion District). Built in 1920, the property features two units, offering flexibility for various uses. The asking price is $1,050,000, translating to $401.07 per square foot. The property includes approximately 1,600 square feet of office space, complemented by a basement area and a separate 900 square foot residential unit with two bedrooms and one bathroom. Each building boasts independent utility metering. The property's central location in Gilroy's Downtown Expansion District presents significant potential for live/work arrangements or owner-occupancy. All current tenants are on month-to-month leases, providing immediate flexibility for the new owner. This prime location in Santa Clara County, California (zip code 95020), offers exceptional visibility and accessibility. The property's versatility and prime location make it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving downtown area. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction WOOD
Total area 2,618 SF
Lot 0.18 ac (7,800 SF)
Zoning code C1
APN 799-03-077
UPID US09-0722574
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
Current use
Occupant on record · Public records
  • Elizabethjimenezlaw Law Firm
  • contreras tax service Consultant
  • Farmers Insurance - Erma Contreras Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.09M
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$1.11M
Owner & transaction history
Ramiro Lozano · 1 yrs held
Ramiro Lozano
since 2024
Last sale
$1.2M
6 recorded transactions
2024
Price N/A
2024
$1.2M
2015
Price N/A
2015
$585,000
2001
$475,000
1995
Price N/A
Zoning & alternative use
C1 · Gilroy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $930,000 +13.0%
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