Property summary
This exceptional 22,000-square-foot industrial warehouse, situated on a two-acre lot in Milpitas, California, presents a compelling investment opportunity. Built in 1993, the property boasts a desirable M2 Heavy Industrial District zoning (buyer to independently verify), allowing for a wide range of uses. The warehouse features 4 ground-level loading doors in the main building and an additional 2 in a separate rear building, ensuring efficient loading and unloading. Inside, discover approximately 4,000 square feet of office space, complete with reception, bullpen, multiple private offices, and a breakroom. A significant bonus is the 4,000-square-foot unfinished second-story mezzanine area, offering substantial potential for expansion or additional storage. The property also includes ample rear yard space ideal for staging and maneuvering. The high ceilings, ranging from 18 to 22 feet (buyer to independently verify), provide ample vertical space. The electrical service is 1200 amps, 277/480 volts (buyer to independently verify). Its strategic location in Santa Clara County offers easy access to major freeways, including I-680 and I-880, and San Jose International Airport, making it an ideal location for manufacturing or distribution. The property's APN is 086-31-050. The asking price is $7,700,000. Buyers are advised to independently verify all information.
Property profile
VerifiedCap rate & NOI
Current use
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Renovation Specialist General Contractor
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Marketing & Advertising
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
B. Heavy Industrial (M2) Zone. The Heavy Industrial (M2) Zone is reserved for the construction, use, and occupancy of buildings and facilities for office, research, general manufacturing, warehousing and distribution, an…
Comparables
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
M2 · Milpitas, CAB. Heavy Industrial (M2) Zone. The Heavy Industrial (M2) Zone is reserved for the construction, use, and occupancy of buildings and facilities for office, research, general manufacturing, warehousing and distribution, an…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
B. Heavy Industrial (M2) Zone. The Heavy Industrial (M2) Zone is reserved for the construction, use, and occupancy of buildings and facilities for office, research, general manufacturing, warehousing and distribution, an…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M2 in Milpitas, CA.
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