For Sale
$1,065,000

18545 Monterey RdMorgan Hill, CA 95037

Rare PUD-zoned land; prime development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1,065,000 USD investment opportunity presents a rare chance to acquire a PUD (Planned Unit Development) zoned parcel of land located at 18545 Monterey Rd, Morgan Hill, CA 95037. Situated in Santa Clara County, this vacant land offers numerous development possibilities. The PUD zoning allows for a wide range of projects, including single-family homes, townhomes, condominiums, retail spaces, and commercial buildings, providing significant flexibility for the buyer. Morgan Hill is a thriving community at the southern edge of Silicon Valley, boasting a desirable location within the San Francisco Bay Area. Residents enjoy access to numerous amenities, including nature parks, wildlife areas, a vibrant downtown with restaurants and entertainment options, wineries, and a strong presence of high-tech companies. The property benefits from convenient freeway access and a short commute to nearby cities such as San Jose and Gilroy. This is an exceptional opportunity for investors, builders, and developers seeking a prime location with significant development potential in a highly sought-after area. The property is classified as industrial land and is currently vacant. The latitude and longitude coordinates are 37.142665, -121.663322 respectively.

Highlights

  • $1,065,000 asking price.
  • Vacant land, industrial property in Morgan Hill, CA.
  • Zoned PUD (Planned Unit Development), allowing for diverse development options including residential (single-family homes, townhomes, condos) and commercial uses.
  • Located in Morgan Hill, a desirable community in Silicon Valley with easy freeway access to San Jose and Gilroy.

Property Details for 18545 Monterey Rd

Property type
Land, Industrial properties

Location Insight

City
Morgan Hill
County
Santa Clara
State
California
Latitude
37.142665
Longitude
-121.663322
18545 Monterey Rd, Morgan Hill, California

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18545 Monterey Rd
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