0 Rucker Avenue, Gilroy, CA, 95020

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$2,000,000
394 Days On Site

0 Rucker Avenue
Gilroy, CA 95020

For Sale|Agriculture|Active
0
Beds
0
Total Baths
County:
Santa Clara
Listed by Grail Nitsch of Legacy Real Estate & Associates grail.marie.nitsch@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
0 Rucker Avenue0 Rucker Avenue0 Rucker Avenue0 Rucker Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$9,125
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

BUILD 150 WORK FORCE HOUSING UNITS. 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. Buyer to verify new state and local laws and number of units.

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Listing Snapshot
Price 
$2,000,000
Days On Site 
394 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5 Acres
Year Built 
N/A
MLS® Number 
ML82018888
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 months agoPrice changed to $2,000,000
a year agoListing first seen on site
General Features
Acres 
5
Additional Property Use 
Agricultural
Property Sub Type 
Agriculture
Sewer 
Other
Special Circumstances 
Standard
Utilities 
Electricity Available
Water Source 
Well
Zoning 
A20AC
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Exterior Features
Lot Features 
AgriculturalLevel
View 
Hills
Waterview 
Hills
Community Features
MLS Area 
699 - Not Defined
School District 
Gilroy Unified
Horse Allowed 
Yes
Schools
School District
Gilroy Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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