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$3,995,000
ML82045507 MLS
Vacant land at 2080 Almaden Road represents a compelling infill opportunity in one of San Jose's 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 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.

2080 Almaden RD, San Jose

Listed by Michael Shields, 408-356-1900 from SiliconValley MultiFamilyGroup
(If provided) CoList: from

$6,390,000
ML82044071 MLS
Rare... truly shovel-ready infill development opportunity in the heart of coveted Willow Glen! This fully-entitled 5 lot residential subdivision comes with a complete, City-approved permit package eliminating the two most costly hurdles in any infill project: entitlement risk and infrastructure planning. Builder can move directly from acquisition to construction with minimal delay. Franquette Avenue is a quiet residential street with convenient walking distance to downtown Willow Glen and the South Bay's most sought-after suburban amenities. Willow Glen consistently commands among the highest price-per-square-foot premiums for new construction in the South Bay, with sustained buyer demand for new construction and virtually no comparable new home inventory. This is a complete, permit-ready land position that developers wait years to find in the 95125 zip code!

879 Franquette AVE, San Jose

Listed by Joe N. Pollifrone, 408-460-5469 from Christie's International Real Estate Sereno
(If provided) CoList: from

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