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5829 Frazier Lake

36.6 Acres of Agricultural Land Offered at $1,650,000 in Gilroy, CA 95020

Investment Highlights

  • 36 +/- usable acres in South County
  • Conveniently located near Highway 101, 30 min from San Jose, very close to Gilroy Premium Outlets, Costco, Lowes, and Home Depot

Executive Summary

This property shares the Arg. well with the adjacent property. The land is leasing to a tenant at $700 per acre per year. Lease will expire on 12/31/2025.

Property Facts

Price $1,650,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 36.60 AC

1 Lot Available

Lot 026

Price $1,650,000
Price Per AC $45,082
Lot Size 36.60 AC

Incredible opportunity to own 36+/- useable acres in South County. It is a prime for the right investor or those looking at agricultural purposes. Currently leased to a tenant growing row crops. It is located near Hwy 101 and 30 min from San Jose.

Description

This is an incredible opportunity to own approximately 36 useable acres in South County, ideally located near the Gilroy Outlets and major shopping centers, including Costco, Lowes and Home Depot, with convenient access to Highways 101. Just 30 minutes from San Jose, the rapidly growing community of Gilroy makes this property highly desirable for investor or those seeking agricultural use. Currently leased to a tenant for row crop cultivation. This parcel offers best value in the South county agricultural land!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
841-28-026
Land Assessment
$314,117
Improvements Assessment
$0
Total Assessment
$314,117

zoning

Zoning Code AW
AW
  • Listing ID: 28770206

  • Date on Market: 6/15/2023

  • Last Updated:

  • Address: 5829 Frazier Lake, Gilroy, CA 95020

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