
Mixed-Use Land for Sale in Milpitas, California
375 Dempsey Rd, Milpitas, CA 95035
Rare development opportunity in the heart of Silicon Valley. This strategically located parcel in Milpitas is zoned NCMU-3 (Neighborhood Commercial Mixed-Use), offering exceptional flexibility for a variety of potential uses (buyer to verify with the City of Milpitas). Possible development options include residential projects such as townhomes, condominiums, or multi-family housing, as well as commercial retail, office, or mixed-use configurations with ground-floor commercial and residential units above. Ideally situated near major transportation corridors including I-880, I-680, and Highway 237, and with convenient access to BART and VTA transit, the property benefits from strong regional connectivity. The surrounding area is supported by a robust local economy, proximity to major Silicon Valley employers, and continued growth and investment. With strong housing demand and long-term appreciation potential, this property presents a compelling opportunity for developers, investors, and builders seeking a well-located site in a high demand market.
Location
- Street address
- 375 Dempsey Rd
- County
- Santa Clara County
- Community
- Milpitas
- Elevation
- 50 feet
Property details
- Lot size
- 0.73 acres31,799 sq ft
- Zoning
- CO
- MLS #
- MLSL ML82039657
- Posted
Parcels
- 08801002
Details and features
Listing
- Type
- Land
Exterior
- Fencing
- Fenced
- Features
- Fence
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 21, 2026 | New listing | $1,700,000 | — | MLSL |









