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    FOR SALE
    Land

    1995 Old Calaveras Rd Milpitas, CA 95035

    19.72 ac lot
    Property ID
    US09-1009868
    1995 Old Calaveras Rd, Milpitas, CA 95035 For Sale 1 / 51
    $6,600,000
    1995 Old Calaveras Rd, Milpitas, CA 95035
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    Property summary
    AI-generated overview

    This exceptional 19.72-acre commercial property located at 1995 Old Calaveras Rd, Milpitas, CA 95035 (APN 029-30-016) presents a unique investment opportunity. Zoned HS-D2, it offers significant potential for residential development, aligning with SB330 guidelines. The property boasts a diverse range of permitted uses, including residential construction, wholesale nurseries, and wineries. Additional permitted uses, subject to permit approval, encompass religious institutions, schools, and solar energy conversion facilities. The site's strategic location is adjacent to multi-million dollar estates and directly across from established subdivisions, suggesting strong market demand and potential for high returns. Existing improvements include a 9600 sq ft storage building and a residence, offering immediate income potential or redevelopment options. Detailed zoning information is available through the Santa Clara County Zoning Ordinance. This property is offered at $11,990,000 and presents a compelling opportunity for discerning investors seeking high-growth potential in a desirable location. The property's versatility and prime location make it an exceptional investment opportunity.

    Property profile
    Verified
    Property type Land
    Lot 19.72 ac (859,003 SF)
    UPID US09-1009868
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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