0 Rucker Avenue Gilroy, CA $ 2,000,000
0 Rucker Avenue
$ 2,000,000
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0 Rucker Avenue

Gilroy, CA, 95020
$ 2,000,000
Baths0.0

Monthly Estimate*

$ 12,314

0 Rucker Avenue, Gilroy, CA 95020 - Image 1
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Studio

Lots and Land for sale in Gilroy, CA

for $2,000,000. The lot size is 5.

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.

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Lots and Land Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

5

Town/City

Gilroy

County/Region

Santa Clara

MLS | Web ID

ML82018888

Features
General
Utilities Electricity Connected
Zoning A20A
View Hills
Property Subtype Unimproved Land
County Santa Clara
Property Type Land
HOA false
Status Active
Directions It is at the end of the street
City Gilroy
High School District Gilroy Unified
MLS Area Listing
Lot Size Square Feet 217800
Standard Status Active
Elementary School District Gilroy Unified
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Exterior
Fencing Fenced
Lot Features Agricultural Level Vineyard
Lot Size Area 5
Lot Size Acres 5
Road Surface Type Paved
Road Frontage Type City Street
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* Excluded Features
List By
Grail Nitsch

Listing Agent

Legacy Real Estate & Associates

Broker

grail.marie.nitsch@gmail.com

Email

Affordability Calculator

$12,314
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4706970 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$2,000,000 Listed Price

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0 Rucker Avenue, Gilroy, CA, 95020 is a Lots and Land for sale at $2,000,000 with a lot size of 5. 0 Rucker Avenue is a studio with 0.0 baths. The property's zip code is 95020 which is in Gilroy, CA