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    7280 Marylinn Dr Milpitas, CA 95035

    For Sale
    $1,200,000

    Land suitable for high-density residential or commercial development.

    Lot size:
    0.45 Acres

    Property Features for 7280 Marylinn Dr

    General Information

    Lot size
    0.45 Acres

    Source: Universal Network Group Agent Jennifer Li

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Milpitas Land Development Opportunity

    This property, subject to city planner approval, presents a development opportunity with a frontage of 281.42 ft. The buildable area is one story, measuring 4,435 SF according to a previous building plan from the 1990s. The R3B zoning is being phased out and replaced under IND, allowing a developer to plan and apply for variances. The city is open to low-income, high-density affordable housing projects, and developers may be eligible for a density bonus of up to 35%. The property allows for the construction of a 3-story building with a maximum of 13,305 SF (4,435 SF per floor), accommodating up to 9 units. The first floor can serve as a versatile commercial space suitable for medical clinics, retail stores, showrooms, pre-schools, kindergartens, OEMs, branches, sales offices, low-income housing, or senior housing, supporting high-density residential development.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milpitas
    County
    Santa Clara
    State
    California
    Longitude
    -121.9072667
    Latitude
    37.435682

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    FAQs

    What type of property is this?
    Land - Land suitable for high-density residential or commercial development.
    Where is this land located?
    The property is located at 7280 Marylinn Dr Milpitas, CA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - High-density residential development potential with city support for low-income affordable housing.; - Density bonus of up to 35% available to developers.; - Versatile first-floor commercial space adaptable to various uses.
    (510) 375-8986
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    7280 Marylinn Dr Milpitas, CA 95035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7280 Marylinn Dr Milpitas, CA 95035
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