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$2,200,000
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Property Description
This prime commercial use land offers great potential with a convenient location and CO zoning. It is highly visible from the highway, making it ideal for signage. The property is currently SIGNE leased to Great Mall, providing a steady income. This location is suitable for various developments, including: Hotels or motels - Financial institutions (banks, savings, loans, etc.) - Hospitals, pharmacies, or drug stores - General merchandise stores - Child care centers, daycare schools - Restaurants - Car washes or service stations (with or without repair or retail) Given the shortage of low-income properties in California, it could also be developed into apartments. Please check with the City of Milpitas for more details.
Full Property Details
Full Property Details for 375 Dempsey Rd
General
- Price: $2,200,000
- Status: Active
- Type: Warehouse
- Source: RE_Infolink
- MLS ID: ML81998477
- Updated: 5/9/2025
- Added to Site: 253 day(s) ago
Additional Information
- Extras: Not Applicable
Location
- Area: Milpitas
- County: Santa Clara
Utilities
- Sewer: Public Sewer
- Water: Water Available at Street
- Utility Description: Electricity (Available at the Street), Electricity on Site, Gas (Available at the Street)
Lot Features
- Lot Size (Acres): 0.7295
- Minimum Lot Size: 31779
- Lot Size (Sq. Ft.): 31,779
- Access Info: City Street
- Development Status: Topographical Map Available
- Present Use: Church, Commercial, Educational, Food Service, Hotel/Motel, Medical/Dental, Mixed, Office, Personal Family Care, Wholesale
- Zoning: CO
- Lot Description: Surveyed
- Fencing (Description): Other
Listed by Elite Realty Services, Hamid Abtahi
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Schools
Schools serving 375 Dempsey Rd
School District:Milpitas Unified School District
| Name | Grades | Distance |
|---|---|---|
Robert Randall Elementary School 1300 Edsel Drive, Milpitas, CA 95035 | K-6 | 0.2 mi |
Alexander Rose Elementary School 250 Roswell Drive, Milpitas, CA 95035 | K-6 | 0.6 mi |
Rancho Milpitas Middle School 1915 Yellowstone Avenue, Milpitas, CA 95035 | 7-8 | 0.8 mi |
Milpitas High School 1285 Escuela Parkway, Milpitas, CA 95035 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 375 Dempsey Rd
Date
Details
Price
Change
Source
5/09/2025
Listed
$2,200,000
203.45%
MLS
1/27/2021
Sold
$725,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 375 Dempsey Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,344
-19%
$784,762
2%
2024
$11,533
21%
$769,375
2%
2023
$9,556
1%
$754,290
2%
2022
$9,503
-6%
$739,500
20%
2021
$10,073
25%
$618,340
1%
2020
$8,067
9%
$612,000
-54%
2019
$7,379
-61%
$1,317,033
2%
2018
$18,988
24%
$1,291,209
2%
2017
$15,352
-8%
$1,265,892
2%
2016
$16,723
19%
$1,241,071
2%
2015
$14,067
-9%
$1,222,429
2%
2014
$15,517
12%
$1,198,484
—
2013
$13,832
—
$1,193,068
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 375 Dempsey Rd
375 Dempsey Rd, Milpitas, CA 95035 (MLS# ML81998477) is a Warehouse property. 375 Dempsey Rd is currently listed for $2,200,000 and was received on May 09, 2025. Want to learn more about 375 Dempsey Rd? Do you have questions about finding other Warehouse real estate for sale in Milpitas? You can browse all Milpitas real estate or contact a Coldwell Banker agent to request more information.

