7901 Westwood DrGilroy, CA 95020

  • Retail properties
  • 13,440 SF
For Lease

Property Details for 7901 Westwood Dr

Year built
1963
Construction
WOOD
Lot size
1.08 AC
Property size (Sq ft)
13,440 SF
Zone code
C3
Property type
Retail properties
Property subtype
Retail space
APN
808-02-006
APU
80802006

Description

This exceptional executive office suite, located at 7901 Westwood Drive in Gilroy, California, presents a unique leasing opportunity. The property boasts a total of 1,420 square feet, currently featuring one suite available for lease. This single suite comprises 836 square feet of well-maintained office space, ideal for a variety of business needs. The building is situated in Santa Clara County, offering convenient access to major transportation routes and amenities. The property's location in Gilroy, CA, zip code 95020, provides a strategic advantage for businesses seeking a presence in this thriving area. Ample parking is available for tenants and their clients, ensuring convenient access to the building. The property type is classified as an office building with a specific subtype of executive office, suggesting a high-quality finish and professional atmosphere. The building's single suite configuration offers a private and secure environment for its occupants. This is a multiple tenancy building, although only one suite is currently available for lease. This presents a rare opportunity to secure a desirable office space in a prime Gilroy location. Interested parties are encouraged to inquire further to explore this exceptional leasing opportunity. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,916,358
    6.5%
    $5,461,254
    7%
    $5,071,164
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,446,347
    Geo Method
    $9,446,347
  • Alternative Use

    Use
    Valuation
    Residential
    $4,606,772
    Hospitality
    $4,219,778
    Educational
    $3,510,806
    Medical
    $3,631,548
    Retail
    $5,461,254
7901 Westwood Dr, Gilroy, California

Location Insight

City
Gilroy
County
Santa Clara
State
California
Latitude
37.0125
Longitude
-121.594
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$42,944
$896,789
$2,545,616
$3,442,405
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-
-
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