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    Milpitas, CA
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    Milpitas, CA Commercial Land for Sale

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    6 properties
    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 13, 2025
    Milpitas Mixed-Use Development Opportunity

    27 S 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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    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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    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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    LOTS AND LAND / Lots and Land
    LOTS AND LAND / Lots and Land

    375 Dempsey Road, Milpitas, CA 95035

    $1,700,000

    Commercial land

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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 10 Potential Opportunities for your consideration. Besides 6 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.

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    Commercial Land, Urban Residential Designation
    Commercial Land, Urban Residential Designation

    41965 Osgood Road, Fremont, CA 94539

    Contact for pricing

    Existing commercial buildings occupy a site designated for residential redevelopment under an Urban Residential land use designation.

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    Fully Paved Commercial Land
    Fully Paved Commercial Land

    280 & 350 Whitney Place, Fremont, CA 94539

    Contact for pricing

    Commercial parcel with full paving and an existing building.

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    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

    Milpitas, CA Commercial Land Market Trends and Statistics

    Explore 6 commercial land for sale in Milpitas, CA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 85,304 square feet of properties for sale, with an estimated market value of $11,318,000.

    Sale prices for commercial lots in Milpitas, CA start at $990,000, averaging $1,886,333, 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 9
    Residential land & home lots 9
    Agricultural land / Farmland 4
    Industrial land 2
    Mining land & claims 2

    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 $1.9M

    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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