Milpitas Land Development
7280 Marylinn Drive, Milpitas, CA 95035
For Sale
$1,100,000
Land suitable for commercial or residential development in Milpitas, CA.
Property Size4,435 SF
Price / SF$248.03
Days on Market1204
Property Features for 7280 Marylinn Drive
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
Level
Listing Agency:
UNIVERSAL NETWORK GROUP
(510) 371-8377
Listed By:
JENNIFER LI · License CA #01714039
(510) 375-8986
Source:
Corcoran
Added: Jul 25, 2023
Changed: Aug 23
Last Checked: Aug 14 at 6:01AM
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 UNIVERSAL NETWORK GROUP
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Investment Insights
Based on property information with market context.
This property, subject to city planner approval, presents a development opportunity with a frontage of 281.42 ft. The buildable area is one story, 4,435 SF per the old building plan from the 90s. The R3B zoning is phasing out and will be replaced under IND, allowing a developer to plan and apply for variances. The city welcomes low-income, high-density affordable housing, and developers may receive 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 for high-density residential development.
Key Highlights
- High‑Density Development Potential: Suited for residential development, including low‑income or senior housing.
- Density Bonus: Developers can receive a density bonus of up to 35%.
- Versatile Commercial Space: The 1st floor is adaptable to medical clinics, retail stores, showrooms, pre‑school, kindergarten, OEMs\/branches\/sales offices.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,408
Businesses Nearby
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Business Placement
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
$1,180,700
Median Home Value
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Market
Average Price Trend$/SF for Commercial land in Santa Clara County, CA
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Frequently Asked Questions
What type of property is this?
Commercial land - Land suitable for commercial or residential development in Milpitas, CA.
Where is this commercial land located?
The property is located at 7280 Marylinn Drive Milpitas, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High‑Density Development Potential: Suited for residential development, including low‑income or senior housing.; Density Bonus: Developers can receive a density bonus of up to 35%.; Versatile Commercial Space: The 1st floor is adaptable to medical clinics, retail stores, showrooms, pre‑school, kindergarten, OEMs\/branches\/sales offices.
