0 Leavesley Rd
About This Property for Sale
Marketing description
Significant price Improvement!!! Exceptional opportunity to own approximately 40.53 acres of prime, level farmland in a highly desirable Gilroy location. Currently planted with row crops and served by an agricultural well. Per the current farm tenant, the well is reported to produce approximately 500-550 GPM; Buyer to verify. Ideally located minutes from Gilroy Premium Outlets, Costco, Home Depot, and Lowes, with easy access to Hwy 101 & 152, and approx. 40 minutes to Silicon Valley. Excellent opportunity for agricultural use, potential future development (buyer to verify), or long-term land banking.
Investment highlights
Property is currently leased for row crop farming at approximately $930/acre/year, with total annual rent of approximately $38,130. Lease terms, duration, and details available upon request. Agricultural well on site. Per tenant, well production is reported at approximately 500-550 GPM; no formal reports available. Buyer to independently verify water quantity, quality, and all well information. Seller and listing agent make no guarantees as to acreage, zoning, land use, development potential, or utilities. Buyer to conduct their own investigations with county and appropriate agencies.
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