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    Milpitas, CA
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    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 Land for Mixed-Use Development
    Updated: Oct 21, 2025
    Milpitas Land for Mixed-Use Development

    27 S Main Street, Milpitas, CA 95035

    $3,000,000
    14,720 sqft
    Mixed‑use development opportunity in rapidly growing Milpitas.
    Zoned for a seven‑story building with approximately 75,000 sqft total building floor area.
    Potential for 48 condo units (combination of one, two, and three‑bedroom) and 1062 sqft of commercial space.
    Located near Silicon Valley, benefiting from innovation and economic growth.
    0.34‑acre land parcel** primed for development with underground garage potential.
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    Development Opportunity in Milpitas
    Development Opportunity in Milpitas

    Marylinn Drive, Milpitas, CA 95035

    $990,000
    0.45 AC lot

    Land suitable for residential or mixed-use development.

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    Milpitas Land Development Opportunity
    Milpitas Land Development Opportunity

    7280 Marylinn Drive, Milpitas, CA 95035

    $1,100,000
    4,435 sqft

    Land suitable for commercial or residential development in Milpitas, CA.

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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.

    San Jose Development Opportunity
    San Jose Development Opportunity

    282 Vista Avenue, San Jose, CA 95127

    $1,695,000
    966 sqft 0.57 AC lot

    0.57-acre corner lot suitable for multifamily development.

    View details
    Downtown Commercial Land
    Downtown Commercial Land

    199 Bassett St, San Jose, CA 95110

    Contact for pricing
    0.78 AC lot

    DC zoning and substantial power and fiber infrastructure support a range of commercial site considerations.

    View details
    Berryessa Road Commercial Development Site
    Berryessa Road Commercial Development Site

    1655 Berryessa Road, San Jose, CA 95133

    Contact for pricing
    2.23 AC lot

    2.23-acre commercial development site in Berryessa BART Urban Village.

    View details
    Downtown San Jose Land Opportunity
    Downtown San Jose Land Opportunity

    150 Barack Obama Blvd, San Jose, CA 95110

    Contact for pricing
    12,000 sqft 0.87 AC lot

    Land for sale in Downtown San Jose near Google project.

    View details

    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 70,534 square feet of properties for sale, with an estimated market value of $6,618,000.

    Sale prices for commercial lots in Milpitas, CA start at $990,000, averaging $1,654,500, 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 5
    Residential land & home lots 5
    Agricultural land / Farmland 3

    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 $1.7M

    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)

    How Realmo verifies these figures

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