Property Details
About this Property
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, 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.
MLS Listing Information
MLS #
ML82039657
MLS Source
MLSListings, Inc.
Days on Site
1
Lots & Land Information
Development Status
Other
Existing Structures
None
Fencing
ChainLink
Lot Description
None
Parking, School, and Other Information
Elementary District
Milpitas Unified
High School District
Milpitas Unified
Zoning
CO
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
375 Dempsey Rd is in Milpitas, CA 95035. This Land is currently priced at $1,700,000. This address can also be written as 375 Dempsey Rd, Milpitas, CA 95035.
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This listing information is up-to-date as of March 20, 2026. For the most current information, please contact Christina Khosrowabadi, (408) 318-4863
