375 Dempsey

Milpitas, CA, 95035
For Sale $1,599,000
  • 31,957sf lot
Listing agent:
Christina Khosrowabadi
Christie's International Real Estate Sereno
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.

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375 Dempsey is a Land Residential Development Land property located in Milpitas, California, featuring a 31,957 sqft lot, MLS #ML82039657.
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Data last modified: 2026-06-09 18:17:03