820 Cohansey AVE, Gilroy, CA 95020

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Listed by Terry Moriyama, 408-710-1832 from Real Brokerage Technologies
(If provided) CoList: from

Sold listing courtesy of Bevan Lew from CAPL

Sold Price
$2,200,000
List Price
$2,200,000
Closing Date
Apr 07, 2025
MLS#
ML81994525
Status
SOLD
Lot Size
1,769,407
Listing Area
Morgan Hill / Gilroy / San Martin

Property Description

Rare Investment Opportunity in Gilroy! Income-producing 40+/- acres (not in Williamson Act) with three contiguous parcels sold together: APNs 835-15-001, 835-15-002, 835-15-003. Value is in the landno value assigned to the two residences (permit status & age unknown). All tenants wish to stay. 38 farmable acres leased through 11/30/2026. Two long-term residential tenants on month-to-month leases. Newer 2022 well serves the entire property. Prime Santa Clara County location! Borders Gilroy city limits to the west, adjacent to Saint Louise Regional Hospital, and near Gilroy Premium Outlets and freeway access. The flat, usable land may offer potential for various uses, such as vineyards, equestrian facilities, or continued farming. Buyer to verify suitability for intended use. As-is sale.

Additional Information

Acres
40.62
Days On Market
Unknown
Development Status
Farm Land, Improvements - Other
Fence
None
Lot Description
Agricultural Use, Grade - Level
Lot Size
1,769,407
Neighborhood
Morgan Hill / Gilroy / San Martin
Other Utilities
Electricity - On Site
Parcel Access
Accessible, Paved Road
Present Use
Agricultural/Residential
Sewer
Septic Connected
Unincorporated Yn
Yes
View
View of City Lights, Hills
Zoning
A-40A

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