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375 DempseyMilpitas, CA 95035

Santa Clara County

$1,528,000List price
3 months agoOn market

Description

Rare development opportunity in the heart of Silicon Valley. This strategically located parcel in Milpitas is zoned NCMU-3 (Neighborhood Commercial Mixed-Use), offering exceptional flexibility for a variety of potential uses (buyer to verify with the City of Milpitas). Possible development options include residential projects such as townhomes, condominiums, apartments, or multi-family housing, as well as commercial retail, office, or mixed-use configurations with ground-floor commercial and residential units above. Ideally situated near major transportation corridors including I-880, I-680, and Highway 237, and with convenient access to BART and VTA transit, the property benefits from strong regional connectivity. The surrounding area is supported by a robust local economy, proximity to major Silicon Valley employers, and continued growth and investment. With strong housing demand and long-term appreciation potential, this property presents a compelling opportunity for developers, investors, and builders seeking a well-located site in a high demand market. ( confirm with city)

Property Information

Property type
Commercial Sale
Sub-type
Unimproved Land
Lot size
31,779 Sq Ft
Zoning
CO
Days on market
98
MLS® Listing#
ML82053506

Property Features

Utilities
Electricity Connected
Sewer
Public Sewer

Financial Details

HOA
None
Parcel number
08801002
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Listing Courtesy: Elite Realty Services

Presented by: Hamid Abtahi

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Connect with a Local Real Estate Expert

  • Albert Sanchez

    Sales Representative

    EXIT Realty Consultants (Modesto North)

  • Jerri Matoza

    Sales Representative

    EXIT Realty Consultants (Modesto North)

  • Karla Coronado

    Sales Representative

    EXIT Realty Consultants (Modesto North)

  • John Hertle

    Associate Broker

    EXIT Realty Consultants (Modesto North)

  • Kris Klair

    Broker of Record

    EXIT Realty Consultants (Modesto North)