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Zoned CO Commercial Land Parcel
For Sale
$1,528,000

375 DEMPSEY, Milpitas, CA 95035

Commercial Lots & Land, MILPITAS, CA

Property SizeContact for details
Lot Size0.73 Acres
Days on Market50

Property Features for 375 DEMPSEY

General Information

Property type Commercial Sale
Property subtype Other
Zoning CO
Fencing Fenced
Subdivision Milpitas
Standard status Active
Lot size 0.73 Acres

Utilities

Water source Public
Listing Agency: Elite Realty Services
Listed By: Hamid Abtahi · License #01071456
Added: Jul 13 Changed: Aug 20 Last Checked: Aug 31 at 4:06PM
MLS# ML82053506

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property is a for-sale commercial land parcel at 375 Dempsey in Milpitas, CA 95035, totaling 0.7295 acres. The parcel is zoned CO. The City of Milpitas should be consulted for final approval of specific development plans and permitted uses.

Based on the listing remarks, the site offers flexibility for a range of potential configurations, including residential options such as townhomes, condominiums, apartments, or multi-family housing, as well as commercial retail, office, or mixed-use development with ground-floor commercial and residential units above. The listing also notes proximity to major transportation corridors, including I-880, I-680, and Highway 237, along with convenient access to BART and VTA transit.

Prospective buyers and brokers should review the applicable entitlement and development requirements with the City to confirm feasibility for their intended project design.

Key Highlights

  • Fenced parcel with public water service
  • Zoned NCMU‑3 (Neighborhood Commercial Mixed‑Use) in Milpitas
  • Zoning supports potential mixed‑use development with ground‑floor commercial and residential units above (buyer to verify with City of Milpitas)

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Law Firm Hair Salon Florist Veterinary Clinic

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,032
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - For-sale development parcel zoned CO in Milpitas, CA with buyer-verified flexibility for mixed commercial and residential uses.
Where is this commercial land located?
The property is located at 375 DEMPSEY Milpitas, CA.
What is the asking price?
The asking price for this property is $1,528,000.
What are key features of this property?
This property features: Fenced parcel with public water service; Zoned NCMU‑3 (Neighborhood Commercial Mixed‑Use) in Milpitas; Zoning supports potential mixed‑use development with ground‑floor commercial and residential units above (buyer to verify with City of Milpitas)
More about this property
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