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Warehouse and Residential Estate
For Sale
$6,600,000
Pending

1995 Old Calaveras RD, Milpitas, CA 95035

Set on 20 acres with flat and hillside areas, the property includes an air-conditioned warehouse and a single-story home.

Property Size1,750 SF
Lot Size20.00 Acres
Days on Market94

Property Features for 1995 Old Calaveras RD

General Information

Standard status Pending
Size 1,750 SF
Lot size 20.00 Acres
Property subtype Commercial
Zoning HS-D2

Building Details

Year Built 1933
Listing Agency: Coldwell Banker Realty
Listed By: Joe Velasco · License #01309200
Source: Steinbeckre
Added: Jun 23 Changed: Sep 23 Last Checked: Sep 22 at 4:12PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Located at 1995 Old Calaveras Road in Milpitas, CA, this 20-acre estate combines land with an existing commercial building and a single-story residence. The parcel includes 10 acres described as flat and 10 acres described as hillside, offering a mix of terrain within one property.

An approximately 9,600 sq. ft. air-conditioned building is in place, providing enclosed space for a variety of commercial or operational needs. A 1,750 sq. ft. single-story home is also included on-site, which may support guest or temporary occupancy while the property is utilized.

Overall, the combination of acreage, air-conditioned warehouse space, and an on-site home creates a flexible setup for buyers seeking a single-site estate with both operational and residential components.

Key Highlights

  • 20‑acre Milpitas property with 10 acres flat and 10 hillside
  • 9,600 sq. ft. air‑conditioned building suitable for storage or workspace use
  • 1,750 sq. ft. single‑story home for guest house, second home, or temporary residence

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Auto Repair Shop

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

162
Businesses Nearby
Under-served
Demand for This Use

Demographics for 95035, CA

80,440
Population
25,851
Households
3.1
Avg Household Size
37
Median Age
59%
College-Educated
90%
High-School Grad
22.4 sq mi
ZIP Area
3,591
Density / Sq Mi
$176,723
Median Household Income
$81,070
Median Earnings
$3,110
Median Rent
$1,180,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Set on 20 acres with flat and hillside areas, the property includes an air-conditioned warehouse and a single-story home.
Where is this warehouse located?
The property is located at 1995 Old Calaveras RD Milpitas, CA.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: 20‑acre Milpitas property with 10 acres flat and 10 hillside; 9,600 sq. ft. air‑conditioned building suitable for storage or workspace use; 1,750 sq. ft. single‑story home for guest house, second home, or temporary residence
More about this property
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