Home | Santa Clara County | Milpitas | 95035 | 375 Dempsey Rd
MLS: ML82039657 | Status: Active | Price: $1,599,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 31,957 | – |
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.
| Field | Value |
|---|---|
| MLS # | ML82039657 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 14 |
| Feature | Details |
|---|---|
| Elementary District | Milpitas Unified |
| High School District | Milpitas Unified |
| Zoning | CO |
| Feature | Details |
|---|---|
| Development Status | Other |
| Existing Structures | None |
| Fencing | ChainLink |
| Lot Description | None |
Christina Khosrowabadi
Christie's International Real Estate Sereno
License #: 01820250
Phone: (408) 318-4863
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 529 Vista Ridge Drive | $1,695,000 | – | – | – | Active |
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This listing information is up-to-date as of May 14, 2026. For the most current information, please contact Christina Khosrowabadi, (408) 318-4863.