Price Reduction - Seller Financing
Listed By:
Jenny Huang with Coldwell Banker Realty - 408-203-1128
Address
1500 Gilman RD, Gilroy, CA
Price
$ 1,500,000
Property Attributes
  • MLS#ML81951231
  • TypeLand
  • CountySANTA CLARA
  • CityGilroy
  • AreaMorgan Hill - Gilroy - San Martin
  • Zip95020
  • StyleAgricultural,Farm
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
MLSListings Inc.
Property Description

$100,000 price improvement!!! Great opportunity to own a A 7.9-acre greenhouse farm in Gilroy. Featuring an individual electrical meter, agricultural well, water tank, refrigerator room, shed, and miscellaneous buildings. The farm is currently set up for growing Asian vegetables. It locates in a great location near outlets, Costco, Walmart, and other shopping areas and restaurants. This property is just 30 minutes from San Jose. Gilroy is one of the fastest growing communities in Santa Clara County and this property is prime for the right investor for further development or for those who are looking at agricultural purposes. It is important to note that the offering for sale constitutes a 25% ownership of a total of 31.63 acres. Seller finance is available at 6% interest rate.

Price History
1/12/2024 Listed $1,599,999
4/7/2024 7% - $1,500,000

General Features

Development Status Farm Land,Unimproved Land
Utilities Electricity - On Site
Water Well
Property SubType Agriculture/Ranch Land
Zoning Text A40
County Santa Clara
Property Type Residential Lots & Land
Present Use Agricultural,Farm
Special Listing Conditions Not Applicable
Status Active
City GILROY
MLS Area Morgan Hill / Gilroy / San Martin
Listing Agent State License 01362454

Exterior Features

Lot Description Agricultural Use
Fencing Fenced
Horse Property Possible
Lot Size Area 1377802.00
Existing Crops/Vegetation Vegetables
Parcel Access Accessible,Paved Road
Maximum Lot Size 1377802.00
Sewer/Septic Existing Septic
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 95020

Price
AVG $1.27M
$1.5M
Visits
AVG 55
143
Data Provided by Inside Real Estate®