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listing
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Single FamilyFor Sale
$3,499,000
8897 Monterey Road
Gilroy, CA 95020
Listed by: Mike D'Ambrosio from Intero Real Estate Services, (408) 979-5900
MLS: Bay East Contra Costa (BECCAR)
7,658Sq Ft
Est. Mortgage
$18,161/mo

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!

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Information courtesy of Intero Real Estate Services is subject to verification and is not guaranteed.
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