1665 Alum Rock Ave - Commercial LAND FOR SALE


San Jose, CA 95116 20,717 SF
$2,350,000 USD
408-521-7117
1665 Alum Rock Ave, San Jose, CA for Sale
$2,350,000 USD
Commercial LAND - FOR SALE
1/2
20,717 SF

1665 Alum Rock Ave
San Jose, CA 95116


OVERVIEW

-Primely located near US 101, Interstate 680, and 0.6 miles from the future 28th Street / Little Portugal BART Station. Nearby access to VTA local and regional bus service, including Bus Rapid Transit Route 522 and #22, #23, and #77. -Designated Urban Village and within “Area B” of the Little Portugal Urban Village Plan. This designation allows for a wide range of stand-alone commercial uses - retail, office, medical, etc. Market-rate residential requires a 0.35 FAR of commercial uses. 100% affordable housing projects could avoid the commercial requirement - presumably a Density Bonus project (15% affordable/85% market rate) could reduce or eliminate the commercial requirement. -For mixed use development, UV zoning district requires a minimum density of 55 du/ac and maximum overall FAR of 10.0. -For residential development only, UV requires 55 to 250 du/ac.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/ACRE

$4,941,398/AC

PRICE/SF

$113 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1665 Alum Rock Ave

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Apartment Units, General Freestanding

LAND ACRES

0.48 AC

LAND SF

20,716 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CP

APN/PARCEL ID

481-12-109

ASK ABOUT THIS PROPERTY

Ralph BorelliBorelli Investment CompanyMore Info
408-521-7117

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Ralph BorelliBorelli Investment CompanyMore Info
408-521-7117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.