8897 8897 Monterey Road, Gilroy, CA 95020
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Listed Price :
$3,499,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
A potential high-density development project has emerged, offering a promising opportunity for urban growth and community enhancement. This site has the capacity to accommodate up to possibly 50 units, along with commercial as a mixed use development. An adjacent neighbor, owning a substantial parcel as well, has shown interest in selling their property for an assemblage possibility. This could provide an entire city block for integrated development to create a vibrant and diverse mixed use project. BONUS: Possibility of making over $150K per year on the motel while going through the development and planning process!
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
8897 8897 Monterey Road |
| City |
Gilroy |
| State |
CA |
| Zip |
95020 |
| County |
Santa Clara |
| Listing Agent |
Mike D'Ambrosio DRE #01841982 |
| Co-Listing Agent |
Robert Godar DRE #01356357 |
| Courtesy Of |
Intero Real Estate Services |
| List Price |
$3,499,000 |
| Status |
Active |
| Type |
Business |
| Structure Size |
N/A |
| Lot Size |
47,916 |
Listing information courtesy of: Mike D'Ambrosio, Robert Godar, Intero Real Estate Services. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 29th, 2024 at 12:11 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
