Skip to main contentSkip to navigation
1 / 10
Images
Map
Street

Mixed-Use Land for Sale in Milpitas, California

375 Dempsey Rd, Milpitas, CA 95035

$1,700,000
0.73 acres
Active sale
ago
Est $12,442/mo

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
Community
Milpitas
Elevation
50 feet
Coordinates
37.429, -121.885

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

DateEventPriceChangeSource
Mar 21, 2026New listing$1,700,000MLSL
Subscribe to listing updates

Payment calculator

This 0.73-acre property is located at 375 Dempsey Rd in Milpitas, CA 95035. The property is available for sale for $1,700,000.

Checked 1 hour ago — Updated

Report listing issue

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Christina Khosrowabadi
Christie's International Real Estate Sereno
Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact