Technical
Financial
Distress signals
Property profile

7790 Eigleberry St Gilroy, CA 95020

FOR LEASE
Retail space
Property ID
US09-0722574
2,618 SF 0.18 ac lot Built 1920
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Law Firm
  • Consultant
  • Insurance Agency

Location

7790 Eigleberry St Gilroy, CA 95020
Gilroy metro Census 512604 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

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

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
Zoning description

C1 NEIGHBORHOOD COMMERCIAL DISTRICT § 30.13.10 Statement of intent. § 30.13.20 Permitted uses and conditional uses. § 30.13.30 Site and building requirements. § 30.13.10 Statement of intent. The intent of the C1 neighbor…

General category COMMERCIAL
Top alternative use upside
Warehouse, storage $930,000 +13.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message