Rare opportunity to acquire 11.5 acres with multiple paths forward. Click to view the attached video regarding 11.5 Acres for sale at 145 Masten Ave., Gilroy, Ca in Silicon Valley, Ca.
https://youtu.be/f3cP26Hq86E?si=XqgxAbruZNqqgdwD
One can build immediately—a dream home, ranch, or working farm without changing the zoning.
For more sophisticated buyers who are looking to create and generate wealth, one can assemble a team (land-use attorney, entitlement expert, planners) and pursue rezoning and entitlements for work force housing, strip mall or hotel development or multi-family development project.
I met with a land-use attorney regarding these properties. Once land like this is entitled and zoned residential, values can reach $1M + per acre.
California remains in a housing shortage, especially for workforce housing. Sites with scale, location, and entitlement upside matter. This is an awesome location 145 Masten Ave, Gilroy Ca
If this aligns with your strategy, reach out directly or visit https://thegrailgroup.org.
Grail Nitsch
Realtor
Legacy Real Estate & Associates
650 772 1519
