For Sale
$7,500,000

1170 Diana AveMorgan Hill, CA 95037

7.51 Acres, Highway 101 Visibility

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7.51-acre commercial land parcel presents a remarkable investment opportunity on Morgan Hill's coveted Auto Row, directly adjacent to established Ford and Chrysler/Jeep dealerships. Located on Diana Avenue in Santa Clara County, CA (zip code 95037), this property boasts unparalleled visibility and accessibility from US Highway 101, experiencing approximately 120,000 daily commuters. The HC-PD (highway commercial planned development) zoning allows for a variety of uses, ideal for auto dealerships, RV centers, truck sales, or similar businesses. The seller possesses renderings for a potential dealership and service station, and entitlements are currently in progress. This prime location benefits from a jointly shared freeway monument sign, ensuring maximum brand exposure. The property is divisible, offering flexibility for developers or owner-users. Serving the growing populations of Morgan Hill, Gilroy, San Martin, Southern San Jose, Hollister, and Northern San Benito County, this 7.51-acre site represents a unique chance to capitalize on a thriving automotive market. The asking price is $7,500,000. Broker co-op is available.

Highlights

  • $7,500,000 asking price.
  • 7.51 acres of commercially zoned land.
  • Located in Morgan Hill, CA, on Highway 101's Auto Row, near Ford and Jeep dealerships.
  • HC-PD zoning; entitlements underway.
  • Divisible lot with monument signage opportunity.

Property Details for 1170 Diana Ave

Property type
Land
Lot Size (sq. ft)
327,136 SF

Location Insight

City
Morgan Hill
County
Santa Clara
State
California
Latitude
37.136696
Longitude
-121.6342828
1170 Diana Ave, Morgan Hill, California

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1170 Diana Ave
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