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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Grail Nitsch • Legacy Real Estate & Associates

$2,000,000

Est. payment - /mo

217,800 SqFt

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Open House

Sat Jul 25, 1:00pm - 4:00pm

Sun Jul 26, 1:00pm - 4:00pm

Sat Aug 01, 1:00pm - 4:00pm

Sun Aug 02, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 217,800 sqft

Price per Sqft $9

MLS Listing ID ML82018888

HOA Y/N No

Lot Size 5.000 Acres

Property Sub-Type Unimproved Land

Source Datashare MLSListings

Property Description

STOP SCROLLING. THIS IS THE DEAL YOUVE BEEN WAITING FOR. BUILD WORKFORCE HOUSING FOR FARM WORKERS ON THIS AGRICULTURAL LAND. 5 prime flat acres in Silicon Valley with direct frontage on US-101. Approximately 400,000 +/- cars pass this site every day. Most people see agricultural land. This is an income-producing asset. CA Governor signed new laws for work force housing on agriculture land. Here is the math: THE FINANCING: 1.0% fixed interest through USDA Section 514/516. This program provides low-cost capital for workforce housing development. THE SPEED: Under the California Employee Housing Act (AB 3035), this qualifies for by-right approval. Timeline is approximately 30-60 days to place modular units on-site. THE CASH FLOW:12 units at projected 2026 fair market rents generates $48,000 per month for 2 bedroom units, or nearly $300,000 annually in net cash flow. Immediate income: Develop 12 to 150 units of farmworker housing using subsidized 1% financing. The project is on schedule for a 100W three-phase power connection. The property is fully fenced. A new 300-foot agricultural well has been installed, producing approximately 200 gallons per minute & nursery license. Buyers should conduct full due diligence with new state laws and county. Buyer can farm it too.

Location

State CA

County Santa Clara

Interior

Fireplace No

Exterior

View Hills

Building

Lot Description Agricultural, Level, Vineyard

Schools

School District Gilroy Unified, Gilroy Unified

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© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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0 Rucker Avenue Gilroy, CA 95020

Sean Beattie Jr.

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Nearby School & Business

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