The vacant land at 2080 Almaden Road represents a compelling infill opportunity in one of San Joses 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… Read More 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. Read Less
Courtesy of SiliconValley MultiFamilyGroup, Michael Shields 408-356-1900
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other Commercial Land
Lot Size
0.52 Acres
MLS Number
ML82044537
30 Days Snapshot Of 95125
$2.37M
+18%
(avg) sold price
38
-17%
homes sold
24
+50%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 22500.00, Max Area Units: Square Feet, Grade - Level
Property Access
Paved Road
Building
1 building
Water Features
Other
Fence
Fenced
Property
Zoning: R1, View: None, Mineral rights: Yes, Horse property: No
Utilities
Other
Sewer
Sewer Available, Other
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