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Richmond Ave

48.25 Acres of Commercial Land Offered at $5,750,000 in Morgan Hill, CA 95037

Executive Summary

Opportunity to purchase 48.25 AC of prime agriculture land within close proximity to Highway 101. Includes a sub-parcel with an updated full functioning well that is 12-inch in diameter and 140-feet deep outfitted with an 8-inch 60-horsepower submersible pump.

Property Facts

Price $5,750,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Winery or Vineyard
Total Lot Size 48.25 AC
Cross Streets Santa Teresa Rd

1 Lot Available

Lot

Price $5,750,000
Price Per AC $119,171
Lot Size 48.25 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 712-04-086
  • 712-04-084
  • 712-04-087
Land Assessment
$5,501,202
Improvements Assessment
$6,630
Total Assessment
$5,507,832

zoning

Zoning Code A-40A (Timberland, Forest, Trees (Agricultural) & Irrigation, Flood Control)
A-40A (Timberland, Forest, Trees (Agricultural) & Irrigation, Flood Control)
  • Listing ID: 28489827

  • Date on Market: 5/15/2023

  • Last Updated:

  • Address: Richmond Ave, Morgan Hill, CA 95037

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