Check Availability
$3,000,000
● Land - For Sale

27 S Main Street

Milpitas, CA 95035
bedrooms
Studio
bathrooms
0 Bath
$14,731
Est. Monthly

About This Property

AS PER THE AI - 27 S MAIN STREET, MILPITAS 95035 - WITH THE ARRIVAL COURT / DROP-OFF ON S MAIN, RETAINING WALLS TERRACING THE PODIUM, POOL AND OUTDOOR LIVING DECKS IN THE CENTER, AND RETAIL AT THE STREET. HOW MANY UNITS CAN BE BUILT: LOT IS 14,720 SQ FT, 0.34 ACRES, ZONING: MXD - MIXED-USE / DOWNTOWN SPECIFIC PLAN, CURRENT ENTITLED CONCEPT ON FILE: 48 COMBINATION OF ONE, TWO AND THREE BEDROOM CONDO UNITS AND 1062 SQ FT COMMERCIAL + UNDERGROUND GARAGE. ALSO MARKETED AS PROPOSED CONSTRUCTION OF 7-STORY, 48 CONDO UNITS. IN MILPITAS METRO / GATEWAY-MAIN STREET SPECIFIC PLAN, THE CITY IS SUPPORTING HIGHER RESIDENTIAL DENSITIES AND BUILDING HEIGHTS NEAR TRANSIT, SO WITH DENSITY BONUS / AFFORDABLE OVERLAY, 48 UNITS IS THE BASE APPROVED CONCEPT, UP TO 50-60 UNITS POSSIBLE IF YOU MAX OUT STATE DENSITY BONUS ON THIS 0.34AC MXD SITE..
Unit Size
-
Days on Market
410 days
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

Frank Liu
Coldwell Banker Envision

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Last updated: 3 months ago (MLSListings Inc. #ML82022787)

Price History

Date / Event Date Event Price
Sep 24, 2025 Listed by Alliance Bay Realty $3,000,000
Listed by Alliance Bay Realty
May 15, 2025 Listed by Alliance Bay Realty $3,000,000
Listed by Alliance Bay Realty
27 S Main St, Milpitas that spans 0.34 acres,15,000 sqft, zoned for mixed-use development. The land is primed for development and capable of accommodating a seven-story building, with approximately 75,000 square feet total building floor area. It can be designed for 48 combination of one, two and three bedroom condo units and 1062 square feet commercial unit area, along with an underground garage.This land is located in a rapidly growing region,and the development of this property offers a unique opportunity to capitalize on the growing demand for mixed-use developments in the area. With its proximity to Silicon Valley, Milpitas has seen a surge in innovation and economic growth, making it an ideal location for this project. The property is conveniently located near public transportation, shopping, and entertainment destinations, making it an attractive destination for businesses and residents alike.
Aug 11, 2021 Sold
Sold
Feb 4, 2021 Listed by GenX Realty, Inc. $1,299,900
Listed by GenX Realty, Inc.
Located by the corner of S. Main Street and Carlo Street this special parcel of land has easy access to W. Calaveras Blvd. and Able Street. The Lot is approximately 14,250sq (.327 acres) with high traffic visibility and approximately 1.1 miles away from Great Mall. Parcel is surrounded by existing established businesses - take a drive and see for yourself and Imagine the many future use options! Buyer to verify all possible uses, zoning, building options and city parking and building requirements. No For-Sale sign on property.
Dec 7, 2020 No longer available -
No longer available
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Property Highlights

Exterior Details
Lot Size Area: 14720
Lot Size Units: Square Feet
Lot Size Acres: 0.3379
Lot Size Square Feet: 14720
Water Source: Public
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 950
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MILPITAS RHO
  • Land Acres: 0000000327
  • Standard Land Use Code: 8001
  • County Land Use Code: 69

Neighborhood

  • School District Name: Milpitas Unified School District
  • Census Tract: 504510

Zoning

  • Zoning: MXD

Geography

  • Parcel: 022-24-024
  • Municipality: MILPITAS
  • Latitude: 37.4302
  • Longitude: -121.907

    Address

  • Full Address: 27 S Main St
  • Address - House Number: 27
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CA
  • City Name: Milpitas
  • Carrier Code: C057
  • 4-Digit Zip Code: 5310
  • Zip Code: 95035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,522,454
  • Tax Rate Code Area: 12-056

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,300,500
  • Assessed Land Value: $1,300,500

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 25062543
  • Previous Sale Recording Date: Apr 30, 2004
  • Previous Sale Contract Date: Apr 29, 2004
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Midtown


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Frequently Asked Questions

When was property at 27 South Main Street built and last sold?
The property at 27 South Main Street was built in and last sold on Aug 10, 2021 for $1,275,000.
How much is this home worth?
The estimated value of the home located at 27 South Main Street is $3,030,000.
What are some comparable homes to 27 South Main Street?
There are currently no comparable homes to 27 South Main Street.