$3,499,000
Active
38 Days Online
0 Beds0 Baths7,658 SQFT
Active

8897 Monterey Road Gilroy, CA 95020

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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!

  • Property TypeBusiness Opportunity
  • NeighborhoodN/A
  • CountySanta Clara
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site37 Days
  • MLS StatusActive
  • MLS ID NumberML81978308
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size1.1 Acres
  • Full BathsN/A
  • Partial BathsN/A

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