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BUILD 150 WORK FORCE HOUSING UNITS. 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. Buyer to verify new state and local laws and number of units.

Highlights

  • Land
  • Unimproved Land
  • 5.0 Acre Lot
  • 444 days on Market


  • Acres
    5.0
  • Lot Features
    Level, Agricultural
  • View
    Hills
  • Utilities
    Electricity Connected


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Frequently Asked Questions

How do I schedule a tour of 0 Rucker Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 0 Rucker Ave.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 0 Rucker Ave?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,000,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Gilroy, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 0 Rucker Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 0 Rucker Ave at around $11,381. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 0 Rucker Ave?

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Or, let us connect you with our preferred local lender in Santa Clara County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 0 Rucker Ave?

In most cases, yes. Whether 0 Rucker Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Gilroy's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 0 Rucker Ave?

We can handle that for you. Our preferred local agent specializes in lands in Gilroy and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

0 Rucker Ave was listed on August 21, 2025, which means it's been on the market for 444 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

0 Rucker Ave sits on a 5.0-acre lot, which is 217,800 square feet.

Is 0 Rucker Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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