375 Dempsey Rd
Milpitas, CA 95035
(on 0.73 acres)
Local Information
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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.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
6 days ago
Home Details for 375 Dempsey Rd
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Exterior Home Features Fencing: Chain LinkOther Structures: None |
Farm & Range Not Allowed to Raise Horses |
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Days on Market: 6 |
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Property Type / Style Property Type: LandProperty Subtype: Residential Development Land, Unimproved Land |
Property Information Parcel Number: 08801002 |
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Price List Price: $1,599,000 |
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MLS Status: Active |
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Direction & Address City: Milpitas |
School Information Elementary School District: MilpitasUnifiedHigh School District: MilpitasUnifiedWalk Score: 56 |
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Listing Agent Listing ID: ML82039657 |
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Lot Area: 0.73 acres |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveRightToSell |
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Mls Number: ML82039657 |
Last check for updates: about 14 hours ago
Listing courtesy of Christina Khosrowabadi 01820250, (408) 318-4863
Christie's International Real Estate Sereno, (408) 335-1400
Source: MLSListings Inc, MLS#ML82039657

Also Listed on bridgeMLS/CCAR/Bay East AOR, MLSListings Inc.
Price History for 375 Dempsey Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 05/14/2026 | $1,599,000 | Listed For Sale | MLSListings Inc #ML82039657 |
| 04/03/2026 | $1,700,000 | ListingRemoved | MLSListings Inc #ML82039657 |
| 03/20/2026 | $1,700,000 | Listed For Sale | MLSListings Inc #ML82039657 |
| 02/02/2021 | $725,000 | Sold | N/A |
| 08/08/2018 | $632,000 | Sold | N/A |
| 09/22/2000 | $795,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,344 |
| Assessment | $784,762 |
Home facts updated by county records
Comparable Sales for 375 Dempsey Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.26 | Lot/Land | $6,200,000 | 03/30/26 | - | - | ||
3.54 | Lot/Land | $640,000 | 09/16/25 | - | - | ||
3.74 | Lot/Land | $480,000 | 10/22/25 | - | - | ||
3.93 | Lot/Land | $400,000 | 10/24/25 | - | - | ||
4.05 | Lot/Land | $160,000 | 04/06/26 | - | - |
Assigned Schools
These are the assigned schools for 375 Dempsey Rd.
What Locals Say about Milpitas
At least 437 Trulia users voted on each feature.
89 % Say there are sidewalks
79 % Say it's dog friendly
75 % Say car is needed
66 % Say it's quiet
65 % Say streets are well-lit
63 % Say there's holiday spirit
62 % Say it's walkable to restaurants
62 % Say yards are well-kept
62 % Say people would walk alone at night
59 % Say parking is easy
58 % Say it's walkable to grocery stores
57 % Say kids play outside
55 % Say they plan to stay for at least 5 years
38 % Say neighbors are friendly
29 % Say there's wildlife
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Christina Khosrowabadi, Christie's International Real Estate Sereno, (408) 335-1400
Agent Phone: (408) 318-4863

Based on information from the MLSListings MLS as of 2026-05-20 02:48:57 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
375 Dempsey Rd, Milpitas, CA 95035 is a lot/land. This property is currently available for sale and was listed by MLSListings Inc on May 14, 2026. The MLS # for this home is MLS# ML82039657.

