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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.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 3/20/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 699 - Not Defined | County | Santa Clara |
Additional Details
| AREA | 699 - Not Defined |
|---|---|
| LOT | 0.7336 acre(s) |
| LOT DIMENSIONS | 31957 |
Location
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Listed with Christie's International Real Estate Sereno
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