Realmo Analytics
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Property summary
This exceptional 1.1-acre property at 8897 Monterey RD, Gilroy, CA, presents a compelling investment opportunity for developers seeking a high-density mixed-use project. The site's zoning allows for the potential construction of up to approximately 50 residential units, combined with commercial space, creating a vibrant and diverse community hub. This presents a unique chance to capitalize on the growing demand for housing and commercial space in Gilroy. The property's strategic location… offers excellent accessibility and visibility, further enhancing its development potential. A significant advantage lies in the adjacent property owner's expressed interest in selling their land, opening the possibility of assembling an entire city block for a truly integrated and expansive development. This assemblage would allow for a larger-scale project with enhanced synergy between residential and commercial components. The current use of the property generates a potential income stream exceeding $150,000 annually, providing a substantial revenue source during the development and planning phases. This income stream mitigates risk and offers a strong return on investment while the project progresses. This is a rare opportunity to acquire a prime development site in a thriving California market with significant upside potential. The property is offered at $3,499,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,061 SF
- Lot area
- 1.1 ac
- Year built
- 1952
- Stories
- 1
- APN
- 790-15-041
- Zoning
- R4
- Assessed value · 2024
- $1,327,463
- Annual tax · 2024
- $17,082
- Retail Stores · current use
- Office Building
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
R4 high density residential district. ( Ord. No. 2013-08 , § 2 (Exh. A), 8-5-2013 ) § 30.8.20 Permitted uses and conditional uses. Land in the R4 high density residential district may be used as provided in the residenti…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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