$1,528,000
About this home
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)
Facts & features
- Bathrooms
- 0
- Lot size
- 0.73 acres (31,779 sq ft)
- Area
- 699 - Not Defined
- County
- Santa Clara
- Status
- Active
- Property type
- Commercial Sale
- Days on market
- 7
- Listed
- 2026-07-13
- Parcel #
- 08801002
- MLS #
- ML82053506
