0 Palm Avenue
Morgan Hill, CA 95037
Lot Size: 435600 sq.ft.
MLS# ML81726990
Neighborhood: 699 - Not Defined
Active | Offered at $1,800,000

Troy Palmquist

DRE# 01772139

Property Description

Land investors, great site for the future. Located just north of Palm Avenue, this property is outside of the "Coyote Valley Green Belt" to the south of Palm avenue. Future higher-density residential development may be possible as part of the Coyote Valley specific development plan. Currently being farmed by the "Grass Farm", and collecting $350.00 per acre in rent annually. Alternatively this site could be used to build a large estate home in central Coyote Valley, just a short drive from San Jose to the north or Morgan Hill to the south. The Seller is also selling an adjacent two other sister-parcels separately that are approximately 19 additional acres in size. They are all being marketed at the same $180,000 per acre asking price. The total acreage of all three parcels if bought together would equal approximately 29.508 gross acres.
Listing Provided By
Matthew Telfer, South County Realty Mh
Based on information from California Regional Multiple Listing Service, Inc. as of November 14, 2019. 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. 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, 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.

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