1099 Bascom Ave San Jose, CA 95128-3506

This exceptional 2.12-acre commercial land parcel, located at 1099-1145 South Bascom Avenue in San Jose, California, presents a unique opportunity for large-scale development. Situated within the high-resource designation of the 2024 CTCAC/HCD Opportunity Map and the South Bascom Urban Village Plan's Mixed-Use Character Area, this site allows for a maximum building height of 85 feet and up to 150 dwelling units per acre. Commercial requirements are waived for 100% affordable projects; otherwise, a minimum 0.35 commercial floor area ratio is required. The property boasts excellent proximity to key amenities, including Santa Clara Valley Medical Center (0.4 miles), San Jose City College (0.6 miles), Whole Foods (1.0 mile), and Santana Row (2.0 miles). It's also conveniently located within San Jose Urban Village C43. Currently improved with three vacant retail buildings totaling 18,844 square feet, these structures will be delivered vacant upon the close of escrow, providing immediate development potential. This prime location and flexible zoning make this an unparalleled investment opportunity in a thriving San Jose neighborhood. The property is zoned for Urban Village use within Santa Clara County, zip code 95128.