EXECUTIVE SUMMARY
Approximately 9+ flat acres zoned AG in Santa Clara county. Currently leased for farming.
The property is located near Highway 101, the main north-south freeway from San Jose to Salinas, in the northerly areas of the Gilroy community in a corridor that is bounded on the west by Monterey Highway and on the east by the South Valley Freeway (Highway 101 ). The character of the neighborhood is agricultural in nature, however, these agricultural activities are considered to be interim uses. This 10± acres is within the Urban Service Boundary, which is crucial for future development. The property is located 1 1/2 miles from the downtown core along Monterey Highway. Monterey Highway used to be the major north-south path between Los Angeles and San Francisco until the South Valley Freeway was completed in the early 1980s. The basic neighborhood is still considered to be rural in nature, even though it is close to town and development is encroaching upon the area.
With the current general plans and future development of the City of Gilroy. There are a few key points that should be noted in regard to the opportunity with the property.
The Gilroy listing is currently 10 minutes away from where the proposed High-Speed Railway Station will be located. “Preliminary plans for the California High-Speed Rail project include a station in Gilroy, most likely to be located Downtown, adjacent to the existing train station”(As stated by the Gilroy 2040 General Plan Pg.80).
Exclusively Listed By:
BB Wong
Broker & Owner
Brubeck Wong Realtors
DRE 00624161