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Keiana Gunn
HOA Assistant
(805) 439-2547 ext. 14

375 Dempsey, Milpitas, CA 95035

$1,528,000
  • 375 Dempsey, Milpitas, CA 95035 Main Photo

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Active
MLS#ML82053506
STATUSActive PROPERTY TYPECommercial - Business SCHOOLOther

Listing Courtesy of: Elite Realty Services
Agency Phone: 408-625-1500
Associate Name: Hamid Abtahi
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Keiana Gunn


Property Description

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)

375 Dempsey | MLS# ML82053506

This commercial property located at 375 Dempsey, Milpitas, CA 95035 is currently listed for sale with an asking price of $1,528,000. Dempsey is located within the Other school district. Search Milpitas real estate on annettemullen.farrellsmyth.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.73 Acres

Feature Descriptions

Days on Site: 7
Parcel#: 08801002
Utilities: Electricity Available
Water: Public

Local Schools

School District: Other

Listed By / Shown By

Listed By

Agency Name: Elite Realty Services
Agent Name: Hamid Abtahi
Agency Phone: 408-625-1500

Shown By

Agent Name: Keiana Gunn
Agent Phone: (805) 439-2547 ext. 14
Agency Title: Farrell Smyth, Inc.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 12:02:40 AM EST) or CRMLS (last updated Mon 07/20/2026 4:53:11 PM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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