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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

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.
More about this property
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