# 375 DEMPSEY, Milpitas, CA 95035 > **TL;DR:** commercial, $1,528,000. Est. $8,172/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,528,000 | | Lot Size | 31,777 sqft (0.73 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,726 | | Estimated Insurance | $446 | | **Total** | **$8,172** | ## Property Highlights - 0.73 acre lot ## Description ### Agent 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) ## Location - **Address:** 375 DEMPSEY, Milpitas, CA 95035 - **Coordinates:** 37.42903, -121.885014 - **Google Maps:** https://www.google.com/maps?q=37.42903,-121.885014 ## Listing Agent - **Name:** Hamid Abtahi · **License:** 01071456 - **Brokerage:** Elite Realty Services - **Phone:** 4088911900 - **Broker Phone:** (408) 506-1746 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/MLSLCA/ML82053506/?channel=propsimple) ## Photos ![375 DEMPSEY - Photo 1](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f117767390r.jpg) ![375 DEMPSEY - Photo 2](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f3216278014r.jpg) ![375 DEMPSEY - Photo 3](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f3810858052r.jpg) ![375 DEMPSEY - Photo 4](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f2656086730r.jpg) ![375 DEMPSEY - Photo 5](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f511452615r.jpg) ![375 DEMPSEY - Photo 6](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f1209709526r.jpg) ![375 DEMPSEY - Photo 7](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f3877598205r.jpg) ![375 DEMPSEY - Photo 8](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f3045053938r.jpg) ![375 DEMPSEY - Photo 9](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f3011154564r.jpg) ![375 DEMPSEY - Photo 10](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f1334586289r.jpg) ![375 DEMPSEY - Photo 11](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f4056790246r.jpg) ![375 DEMPSEY - Photo 12](http://lh.rdcpix.com/821d85b9a37ac803e4b07d2cae25b2a7l-f3298538201r.jpg) --- **MLS#:** ML82053506 | **Updated:** 2026-07-13 **Source:** listhub *Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/375-dempsey-milpitas-ca-95035-82053506) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/375-dempsey-milpitas-ca-95035-82053506#listing", "url": "https://www.propertysimple.ai/listing/375-dempsey-milpitas-ca-95035-82053506", "name": "375 DEMPSEY, Milpitas, CA 95035", "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). 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