Mixed-Use Development
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700 W Hamilton Ave, Campbell, CA 95008
Commercial land approved for a Mixed Use (Commercial/Office/Residential) general plan change with development agreement requirements.
Property SizeContact for details
Lot Size3.83 Acres
Days on Market125
Property Features for 700 W Hamilton Ave
General Information
Standard status
Active
Lot size
3.83 Acres
Property subtype
Land
Listing Agency:
Commercial Real Estate Associates
Listed By:
Chris Reid · License #CA 00823858
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 6:46AM
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 Commercial Real Estate Associates
Investment Insights
Based on property information with market context.
This mixed-use development land parcel at 700 W Hamilton Ave in Campbell, CA has been approved by the Campbell City Council for a General Plan Amendment. On February 2, 2021, Resolution 12675 was adopted unanimously, subject to a Development Agreement.
The approved zoning change supports Mixed Use (Commercial/Office/Residential) and is intended to allow the lot to accommodate a wide variety of possible uses. The city is supportive of a residential layout designed to help meet new state residential density requirements, with possible unit counts described as 117, 177, or 205+/-.
The current owner can deliver the building free of tenants and free of encumbrances, with flexibility to support builders’ unique purchase agreement and escrow periods. The site is approximately +/−3.83 acres, and the offering included a call for offers with a March 15, 2021 deadline.
The approved zoning change supports Mixed Use (Commercial/Office/Residential) and is intended to allow the lot to accommodate a wide variety of possible uses. The city is supportive of a residential layout designed to help meet new state residential density requirements, with possible unit counts described as 117, 177, or 205+/-.
The current owner can deliver the building free of tenants and free of encumbrances, with flexibility to support builders’ unique purchase agreement and escrow periods. The site is approximately +/−3.83 acres, and the offering included a call for offers with a March 15, 2021 deadline.
Key Highlights
- Feb 2, 2021: Campbell City Council adopted Resolution 12675 approving a General Plan Amendment application, subject to a Development Agreement.
- Approved zoning change to Mixed Use (Commercial/Office/Residential) with no city or public opposition reported.
- City support noted for a residential layout intended to help meet new state residential density requirements.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
Explore this area
Business Placement
Demographics for 95008, CA
49,038
Population
20,013
Households
2.5
Avg Household Size
39
Median Age
59%
College-Educated
93%
High-School Grad
6.5 sq mi
ZIP Area
7,544
Density / Sq Mi
$142,841
Median Household Income
$84,022
Median Earnings
$2,694
Median Rent
$1,578,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Commercial land approved for a Mixed Use (Commercial/Office/Residential) general plan change with development agreement requirements.
Where is this residential land & home lot located?
The property is located at 700 W Hamilton Ave Campbell, CA.
What are key features of this property?
This property features: Feb 2, 2021: Campbell City Council adopted Resolution 12675 approving a General Plan Amendment application, subject to a Development Agreement.; Approved zoning change to Mixed Use (Commercial/Office/Residential) with no city or public opposition reported.; City support noted for a residential layout intended to help meet new state residential density requirements.
