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.
Property Details
Price:
$2,000,000
MLS #:
ML82018888
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Agriculture
Neighborhood:
699notdefined
Listed Date:
Aug 21, 2025
Lot Size:
217,800 sqft / 5.00 acres (approx)
See this Listing
Schools
School District:
Gilroy Unified
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Community
- AddressRucker AV Gilroy CA
- CityGilroy
- CountySanta Clara
- Zip Code95020
Market Summary
Property Summary
- Rucker AV Gilroy CA is a Land for sale in Gilroy, CA, 95020. It is listed for $2,000,000 and features 5 acres.
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