Barrett Ave
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Barrett Ave
0.56 Acres of Commercial Land Offered at $1,700,000 in Morgan Hill, CA 95037
INVESTMENT HIGHLIGHTS
- 0.57 Acre Parcel - Corner of Butterfield Blvd and Barrett Ave, Directly Infront of The Lodge at Morgan Hill Apartments
- Neighborhood Commercial (CN) Zoning - Office, Medical Office, Retail, Day Care, Veterinarian Clinics
- Directly Infront of the Lodge at Morgan Hill Apartments, The Huntington Apartments, and Loma Clara Senior Living - 319 Units Combined
- The Property is Entitled for an 8,420 SF - 8 Classroom Day Care
- Highly Visible Corner - Signalized Intersection with High Traffic Counts
- Extremely Strong Demographics - Household Incomes in Excess of $143,000 in a 1-Mile Radius
EXECUTIVE SUMMARY
- Rare opportunity to acquire a 0.57-acre parcel on the corner of Butterfield Blvd and Barrett Ave directly Infront of The Lodge at Morgan Hill Apartments.
- The property is entitled for an 8,420 SF - 8 classroom day care.
- Neighborhood Commercial (CN). The purpose of the CN zoning district is to provide a location for retail, office, and service uses to serve residents living in surrounding neighborhoods.
- Permitted uses in this zoning designation include medical offices and clinics, commercial recreation – indoor, personal services, professional office, general retail. Veterinarian clinics and hospitals require an administrative use permit, animal boarding would require a conditional use permit. Day care centers will require a conditional use permit.
- Minutes from Hwy 101 and Tennant Avenue as well as the large retail shopping centers located on Tennant Avenue and Monterey Road which include tenants such as Safeway, Joann Fabrics, Nob Hill Foods, T.J. Maxx, Starbucks, CineLux Theaters, Fitness 19, McDonalds, Bank of America.
- Highly visible corner - signalized intersection with high traffic counts.
- The property is located directly Infront of the Lodge at Morgan Hill Apartments, The Huntington Apartments, and Loma Clara Senior Living Center which total 319 units combined.
- Extremely strong demographics with household incomes in excess of $143,000 in a 1-mile radius.
- The property is entitled for an 8,420 SF - 8 classroom day care.
- Neighborhood Commercial (CN). The purpose of the CN zoning district is to provide a location for retail, office, and service uses to serve residents living in surrounding neighborhoods.
- Permitted uses in this zoning designation include medical offices and clinics, commercial recreation – indoor, personal services, professional office, general retail. Veterinarian clinics and hospitals require an administrative use permit, animal boarding would require a conditional use permit. Day care centers will require a conditional use permit.
- Minutes from Hwy 101 and Tennant Avenue as well as the large retail shopping centers located on Tennant Avenue and Monterey Road which include tenants such as Safeway, Joann Fabrics, Nob Hill Foods, T.J. Maxx, Starbucks, CineLux Theaters, Fitness 19, McDonalds, Bank of America.
- Highly visible corner - signalized intersection with high traffic counts.
- The property is located directly Infront of the Lodge at Morgan Hill Apartments, The Huntington Apartments, and Loma Clara Senior Living Center which total 319 units combined.
- Extremely strong demographics with household incomes in excess of $143,000 in a 1-mile radius.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,700,000 | Lot Size | 0.56 AC |
| Price Per AC | $3,046,594.98 |
| Price | $1,700,000 |
| Price Per AC | $3,046,594.98 |
| Lot Size | 0.56 AC |
0.57 AC Land For Sale in the Neighborhood Commercial Zoning Designation
DESCRIPTION
0.57 Acre Land For Sale at the Corner of Butterfield Blvd and Barrett Ave, Directly Infront of The Lodge at Morgan Hill Apartments.
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PROPERTY TAXES
| Parcel Number | 817-30-080 | Improvements Assessment | $0 |
| Land Assessment | $879,205 | Total Assessment | $879,205 |
PROPERTY TAXES
Parcel Number
817-30-080
Land Assessment
$879,205
Improvements Assessment
$0
Total Assessment
$879,205
ZONING
| Zoning Code | CN (Neighborhood Commercial) |
| CN (Neighborhood Commercial) |
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Barrett Ave
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