Commercial

Milpitas, CA Commercial Land for Sale

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Zoned CO Commercial Land Parcel
Updated: Jul 13
Zoned CO Commercial Land Parcel

375 DEMPSEY, Milpitas, CA 95035

$1,528,000
0.73 AC lot
Fenced parcel with public water service
Zoned NCMU‑3 (Neighborhood Commercial Mixed‑Use) in Milpitas
Zoning supports potential mixed‑use development with ground‑floor commercial and residential units above (buyer to verify with City of Milpitas)
Potential development options noted include townhomes, condominiums, apartments, multi‑family, retail, office, or mixed‑use (buyer to verify)
Convenient access to major transportation corridors I‑880, I‑680, and Highway 237
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Milpitas Mixed-Use Development Opportunity
Updated: Sep 25, 2025
Milpitas Mixed-Use Development Opportunity

27 Main Street, Milpitas, CA 95035

$3,000,000
15,000 sqft 0.34 AC lot
Development potential for a seven‑story mixed‑use building with approximately 75,000 sqft total building floor area.
Zoned for mixed‑use development, allowing for residential and commercial units.
Prime location in Milpitas, a rapidly growing region near Silicon Valley.
Potential to construct 48 condo units (combination of one, two, and three bedroom) and 1062 sqft of commercial space.
Land area of 0.34 acres (15,000 sqft) primed for development.
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Development Opportunity in Milpitas
Development Opportunity in Milpitas

7280 Marylinn Drive, Milpitas, CA 95035

$1,100,000
19,602 sqft

Development opportunity suitable for residential or mixed-use projects.

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Milpitas Land for Mixed-Use Development
Milpitas Land for Mixed-Use Development

27 S Main St, Milpitas, CA 95035

$3,000,000
0.34 AC lot

0.34 acre land primed for a seven-story mixed-use development.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Milpitas, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mission San Jose Development Opportunity
Mission San Jose Development Opportunity

43342 Bryant St, Fremont, CA 94539

$1,500,000
0.35 AC lot

Flat infill parcel in desirable Fremont submarket for sale.

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Vacant Land in San Jose
Vacant Land in San Jose

Oakland Rd, San Jose, CA

$7,000,000
2.09 AC lot

2.094 acres of vacant land with development potential.

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Development Site Near Retail Amenities
Development Site Near Retail Amenities

140 Holger Way, San Jose, CA

Contact for pricing
250,000 sqft 4.02 AC lot

4.03 acre development site near @First retail amenities.

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Vacant Land in Fremont
Vacant Land in Fremont

1550 Washington Blvd, Fremont, CA

Contact for pricing
1.17 AC lot

1.17 acres of vacant land in Fremont, California.

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Milpitas, CA Commercial Land Market Trends and Statistics

Explore 4 commercial land for sale in Milpitas, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 34,602 square feet of properties for sale, with an estimated market value of $4,100,000.

Sale prices for commercial lots in Milpitas, CA start at $1,100,000, averaging $2,050,000, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 4
Agricultural land / Farmland 2
Industrial land 2
Mining land & claims 2
Hunting land 1

Demographics Overview

Population 78K
Population Growth (5Y) +1.2%
Median Household Income $176,723
College Educated 42.3%

High-Yield Neighborhoods for Investment

Identify Milpitas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
95035 $1.8M

Taxes & Financing

Tax Rate (average for all types) 1.19%
Property Tax per SF $9.87 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Clara County

New Delisted

Total CRE Inventory on Market (SF)

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