2080 Almaden Road, San Jose, CA 95125

$3,995,000

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List Price
$3,995,000
Status
ACTIVE
MLS#
ML82045507
Property Type
Unimproved Land
Lot Size
22,500
Acres
0.52
County
Santa Clara
Subdivision
Ca

Property Description

Vacant land at 2080 Almaden Road represents a compelling infill opportunity in one of San Jose's most desirable and established residential markets. Situated on a level lot of 0.52 acres (22,500 SF) within the Urban Residential zoning designation, the site offers a developer the potential for a townhome community of up to 15 units, or the possibility of an affordable solution with a higher unit count. (Subject to buyer verification and city approvals.) Preliminary conceptual plans envision a collection of three-story, 4-bedroom townhomes with attached garages, designed to meet the strong and ongoing demand for quality housing in Silicon Valley. The site's size and location is well suited for a market-rate housing townhome development or could accommodate potential affordability strategies, depending on a developers objectives. Existing improvements are minimal and consist of a small, vacant structure requiring minimal demolition, helping streamline early-stage planning and development considerations. The site was previously entitled for 86 affordable studio units, demonstrating established residential precedent and reinforcing its viability for new housing development.

Additional Information

Lot Description
Level
Elementary School
San Jose Unified
High School
San Jose Unified

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Listing courtesy of Michael Shields from SiliconValley MultiFamilyGroup. 408-356-1900

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