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Midtown Development Opportunity
For Sale
$988,888

278 Grand Ave, San Jose, CA 95126

Development property in San Jose's Urban Village zone.

Days on Market98

Property Features for 278 Grand Ave

General Information

Standard status Active
Property subtype Land
Listing Agency:
Listed By: Arcelia A. Trigos
Source: Elliman
Added: Apr 27 Changed: Jul 10 Last Checked: Aug 2 at 12:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arcelia A. Trigos

Investment Insights

Based on property information with market context.

This property presents a development opportunity for investors and business owners in Midtown. The previous owner had approved plans for a retail/commercial space downstairs and a residence upstairs, with architectural plans available for a building of approximately 3,200 square feet. In 2022, the property was re-zoned from CN (Commercial Neighborhood) to UV (Urban Village) under the Envision San Jose 2040 General Plan EIR, which supports a variety of commercial, residential, institutional, and other land uses. The location is situated between the Rose Garden, Willow Glen, and Central San Jose, just one block from the corner of W San Carlos St & Meridian Ave. It offers close proximity to major high-tech companies and is within 2 to 3 miles of Santa Clara University, San Jose State University, Santana Row, Valley Fair Shopping Mall, and the SAP Center/Shark Tank. The property also provides quick access to Hwy 880/17, 280/680, and 101. The bike score is 90, indicating it is a biker's paradise. The walk score is 90, indicating it is a walker's paradise. The transit score is 71, indicating excellent transit.

Key Highlights

  • Re‑zoned to UV (Urban Village) in 2022, supporting diverse uses.
  • Development possibilities for a live & work property with previously approved plans for a 3,200 SF building (plans available).
  • Prime Midtown location near Rose Garden, Willow Glen, Central San Jose, and the corner of W San Carlos St & Meridian Ave.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Nursing Home Furniture & Home Goods Bed & Breakfast Clothing & Fashion Store Florist Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,854
Businesses Nearby

Demographics for 95126, CA

37,372
Population
16,936
Households
2.2
Avg Household Size
36
Median Age
55%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
11,325
Density / Sq Mi
$127,297
Median Household Income
$72,722
Median Earnings
$2,544
Median Rent
$1,195,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development property in San Jose's Urban Village zone.
Where is this commercial land located?
The property is located at 278 Grand Ave San Jose, CA.
What is the asking price?
The asking price for this property is $988,888.
What are key features of this property?
This property features: Re‑zoned to UV (Urban Village) in 2022, supporting diverse uses.; Development possibilities for a live & work property with previously approved plans for a 3,200 SF building (plans available).; Prime Midtown location near Rose Garden, Willow Glen, Central San Jose, and the corner of W San Carlos St & Meridian Ave.
More about this property
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