0 Baths

$1,528,000

375 DEMPSEY, Milpitas CA, 95035

Price per sqftN/A

Property typeCommercial

Listed by Hamid Abtahi CA DRE# 01071456 with Elite Realty Services 408-253-5100

Overview

Active

Listed Jul 13, 2026

Updated Aug 15

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, apartments, 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. ( confirm with city)

Additional information

MLS^® ID: ML82053506

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.73 Acres

Listed by Hamid Abtahi CA DRE# 01071456 with Elite Realty Services 408-253-5100

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/15/2026 at 3:26 AM UTC Last Checked: 3:26 AM UTC