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Tennant Ave 2.34 Acres of Commercial Land Offered at $2,691,334 CAD in Morgan Hill, CA 95037
INVESTMENT HIGHLIGHTS
- Great location and size for hotel, restaurant, auto sales, or specialty retail development
- This parcel has frontage on both the south bound 101 on-ramp as well as the freeway itself.
EXECUTIVE SUMMARY
One of the last Freeway frontage/interchange parcels remaining within Morgan Hill city limits. Great location and size for hotel, restaurant, auto sales, or specialty retail development. Flexible "Commercial/Industrial" city general plan designation. Interfaces nicely with the Morgan Hill Sports and Aquatics facilities nearby lending a potential commercial recreational complementary type use. This parcel has frontage on both the south bound 101 on-ramp as well as the freeway itself. Other parcels within this commercial PD have just broken ground and are moving forward now with development plans per the city. If you need a larger site, the contiguous approximate 6-acre parcel may also be available.
PROPERTY FACTS
| Price | $2,691,334 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.34 AC |
| Property Type | Land | ||
| Zoning | HCPUD - "Commercial Industrial" HC PUD | ||
| Price | $2,691,334 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.34 AC |
| Zoning | HCPUD - "Commercial Industrial" HC PUD |
1 LOT AVAILABLE
Lot
| Price | $2,691,334 CAD | Lot Size | 2.34 AC |
| Price Per AC | $1,151,126.53 CAD |
| Price | $2,691,334 CAD |
| Price Per AC | $1,151,126.53 CAD |
| Lot Size | 2.34 AC |
One of the last Freeway frontage/interchange parcels remaining within Morgan Hill city limits. Great location and size for hotel, restaurant, auto sales, or specialty retail development. Flexible "Commercial/Industrial" city general plan designation.
PROPERTY TAXES
| Parcel Number | 817-08-019 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,378,534 CAD | Total Assessment | $2,378,534 CAD |
PROPERTY TAXES
Parcel Number
817-08-019
Land Assessment
$2,378,534 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,378,534 CAD
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