375 DEMPSEY Milpitas CA 95035 | MLS #ML82053506
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)
Property Details
Price:
$1,528,000
MLS #:
ML82053506
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
699notdefined
Listed Date:
Jul 13, 2026
Lot Size:
31,779 sqft / 0.73 acres (approx)
See this Listing
Schools
School District:
Other
Interior
Exterior
Financial
Map
Community
- Address375 DEMPSEY Milpitas CA
- CityMilpitas
- CountySanta Clara
- Zip Code95035
Subdivisions in Milpitas
Market Summary
Current real estate data for Commercial in Milpitas as of Sep 17, 2026
3
Commercial Listed
352
Avg DOM
$1,839,333
Avg List Price
Property Summary
- 375 DEMPSEY Milpitas CA is a Commercial for sale in Milpitas, CA, 95035. It is listed for $1,528,000 To schedule a showing of MLS#ml82053506 at 375 DEMPSEY in Milpitas, CA, contact your Compass agent at 310.409.7242.
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Courtesy of Elite Realty Services. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.375 DEMPSEY
Milpitas, CA
