Millman Team Real Estate

$1,500,000
0.35 Acre Lot

7280 Marylinn Drive, Milpitas, California 95035

  • Commercial Sale Property Type
Property Description

Subject to city planner approval, the lot is good for 5-9 units but conservatively will likely be subdivided into 4-5 mixed-use units due to clearance limitations, with a frontage of 281.42 ft. Buildable area is one story (4435 SF per old building plan in 90′), now w building floor ratio almost 3x, subject to meeting all requirements for setbacks, parking, open space, and building codes. Current R3B zoning allows for a 3-story, 4+ units, with a maximum of 11,330 SF. Single-family homes have sold for $828/SF, and condos for $667-1,000/SF, with sellers leaving lots of profit on the table. The property offers a mixed-use opportunity for potential buyers, with the option to use the 1st floor as a versatile commercial space adaptable to various needs such as medical clinics, retail stores, showrooms, classrooms, restaurants, offices, OEMs/branches/sales offices. The 2nd and 3rd floors are for residential use, offering the potential to create either a large family home or another 3-4 separate condos, at the buyer’s preference. The flexible layout of the building presents multiple opportunities, perfect for a foreign hightech supply chain office, 1st floor as office/showrooms and 2nd & 3rd floor residential condos.

Basic Details
Commercial Sale
For Sale
ML82005680
$1,500,000
0.35 Acre
Active
Features
: None
: Water Not Available
$0
Address Map
CA
Santa Clara
Milpitas
95035
Marylinn
7280
Drive
From FWY237 West or FWY880: head to East of FWY237, make a left on Abel and left on Marylinn From FWY 680 South exit E Calaveras and head to west, turn right on Abel and turn right on Marylinn From FWY 680 North exit Jacklin and turn left on Marylinn Cross Street: N. Abel St
699 - Not Defined
R3B
Neighborhood
Other
Additional Information
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2025-05-06
: None
Broker/Agent Information
Universal Network Group
Jennifer Li
Listing Information
ML5065490
ML41473
Active
2025-09-05T16:37:08Z
CRMLS
2025-05-06T05:14:18Z
Agent info
Ray Millman
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