7008 San Felipe Parcel 1Morgan Hill, CA 95135

This exceptional 1.08-acre commercial lot in San Jose, CA (APN 660-02-060), presents a remarkable development opportunity. Located at 7008 San Felipe (parcel 1), this property is zoned SJ and offers a land value of $39.96 per square foot, with an asking price of $1,880,000. The lot is currently undergoing the SB9 approval process with the City of San Jose, streamlining the path to construction. Preliminary plans for a modern two-story, 4,500 square-foot home are available, although buyers retain the flexibility to customize their vision. The property also includes a newly constructed 799 square-foot accessory dwelling unit (ADU) with two bedrooms and one bathroom. Situated in a desirable area of San Jose, near rolling hills, estate homes, and a seasonal creek, the location boasts scenic views of the surrounding hills and mountains. Enjoy convenient access to shopping and a straightforward commute to major Silicon Valley employment centers. The property falls within the highly-regarded Evergreen School District, encompassing Silver Oaks Elementary, Chaboya Middle, and Evergreen High schools. This is an unparalleled chance to build your dream home or develop a significant project in a prime San Jose location.