82 Main St Milpitas, CA 95035-4371
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Clidentity Inc (Bike/Boat/Book/etc) Store Corporate Office
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Area Financial Services Financial Advisor
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Sharma Management Inc Business Management Consultant
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Garvoo Inc Tech Support Center IT Consulting Firm
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Them Goods Distribution Distribution Center Logistics Company
A. Mixed Use (MXD) Zone. The Mixed Use (MXD) Zone is intended to encourage a compatible mix of residential, retail, entertainment, office, and commercial service uses within a pedestrian- oriented streetscape. B. Very High Density Mixed Use (MXD3) Zone. The Very High Density Mixed Use ( MXD3) Zone is intended to provide very-high density housing, retail, and…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MXD · Milpitas, CAA. Mixed Use (MXD) Zone. The Mixed Use (MXD) Zone is intended to encourage a compatible mix of residential, retail, entertainment, office, and commercial service uses within a pedestrian- oriented streetscape. B. Very High Density Mixed Use (MXD3) Zone. The Very High Density Mixed Use ( MXD3) Zone is intended to provide very-high density housing, retail, and employment uses. C. Neighborhood Commercial Mixed Use (NCMU) Zone. The Neighborhood Commercial Mixed Use (NCMU) Zone is intended to encourage a compatible mix of residential, retail, entertainment, office, and commercial uses. It is intended that the neighborhood -serving active uses such as grocery stores, retail, restaurants, and personal services at key locations on the ground level will help create a pedestrian-oriented streetscape and public spaces. The NCMU Zone is divided into three subdistricts: 1. NCMU1 allows commercial or mixed use development with the primary function as a commercial center to provide goods and services to the immediate neighborhood. The mix of uses may be vertical or horizontal. 2. NCMU2 allows commercial or mixed use development with some active commercial storefronts along the street frontages. 3. NCMU3 allows commercial, mixed use, or residential only development with no minimum commercial FAR. NCMU3 includes parcels that are less suitable for commercial use, such as those located on secondary streets, lacking street frontages, or adjacent to residential zones. D. Town Center (TC) Zone. The Town Center (TC) Zone is intended to provide for an area that supports a wide range of administrative, business, entertainment, dining, and cultural activities , along with some residential uses, in the geographic center of Milpitas to suit the varying lifestyles of residents and visitors alike. The area is easily accessible via the city's transportation network. The TC Zone is divided into three subdistricts: 1. TC1 allows commercial or mixed use development with the primary function as a commercial center to provide goods and services to the immediate neighborhood and larger community. The mix of uses may be vertical or horizontal. 2. TC2 allows commercial or mixed use development with active commercial storefronts along the street frontages. 3. TC3 allows commercial, mixed use or residential only development with no minimum commercial FAR. TC3 includes parcels that are less suitable for retail uses, such as those located on secondary streets, lacking street frontages, or adjacent to residential zones.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.