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Lot/land
  • $2,000,000

    0 Rucker Ave, Gilroy, CA 95020

    --beds
    --baths
    5Acres
    Agriculture Ranch Land, Unimproved Land
    Built in ----
    5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Property is fully fenced
    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.
    335 days
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    123
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Grail Nitsch 01304120 650-772-1519,

    Legacy Real Estate & Associates 510-744-3500

    Source: MLSListings Inc,MLS#: ML82018888MLS Logo

      Facts & features

      Interior

      Property

      Features
      • Has view: Yes
      • View description: Hills
      Lot
      • Size: 5 Acres
      • Features: Agricultural, Farm Animals Permitted, Level
      Details
      • Additional structures: Sheds, StorageFacility
      • Parcel number: 83507018
      • Zoning: A20AC
      • Special conditions: Standard
      • Horses can be raised: Yes
      • Horse amenities: Fenced, Pasture

      Utilities & green energy

      • Gas: PublicUtilities
      • Sewer: Other
      • Water: Well
      • Utilities for property: Public Utilities

      Community & HOA

      Location
      • Region: Gilroy

      Financial & listing details

      • Date on market: 8/21/2025
      • Listing agreement: ExclusiveRightToSell
      • Listing terms: CashorConventionalLoan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/16/2026Price change$2,000,000+11.1%
        Source: MLSListings Inc #ML82018888 Report a problem
        8/21/2025Listed for sale$1,800,000
        Source: MLSListings Inc #ML82018888 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95020

        Getting around

        12 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: GilroyUnified

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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