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25 S Abbott Ave
Milpitas, CA 95035
Land For Sale · 0.34 AC

Investment Highlights

  • Mixed Use Commercial Land of 15,000 sqft right next to the Freeway suitable for any commercial activities. Zoned C1
  • Approved PG&E Power application with an approved high capacity transformer power to build an EV Car charging Station
  • Approved Conditional Use Permit to build a Food Truck Project with a Huge Sitting Area, Parking and multiple Food Trucks

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
Building Class C
Total Lot Size 0.34 AC
Zoning C1, Milpitas - C1 Zoning allows for a wide variety of commercial uses. CUP Approved for a Food Truck Park. Permitted to add Public EV Charging to the parking lot.

Description

Prime Commercial 15,000 sq ft land right next to the freeway surrounded by Restaurants, gas stations, 7/11 store and grocery stores. This land is exactly opposite to a Retail strip mall that anchors 2 big Indian businesses called 'Namaste Plaza Groceries' and 'Biryaniz'. We also have an approved Conditional Use Permit (CUP) to build a food truck project where you are permitted to host few Food Trucks with a Huge Sitting Area Build along with 18 (approx) parking spots. City of Milpitas has already approved the Project and the new buyer can leverage the permit and can complete the project. The Owner has all the Project Plans and approvals that can be transferred. Apart from having a CUP for a food truck project, we also have a PG&E Power approval to start an EV charging station. We already went through a tedious PG&E power application and have an approved permit that the new owner can leverage and build an EV charging station. The new owner also has an option to combine both these concepts (Food Truck Project and EV charging station ) with some additional city approvals. All the environment and topography surveys are completed and we have the approved Project Plan ready to be executed if the new owner likes any of these concepts or can plan for any other project as the potential is unlimited. All the other utilities are very close to the site and with very minimal effort you should be able to get all the utilities to the site.

Property Taxes

Property Taxes

Parcel Number
022-28-010
Land Assessment
$1,169,459
Improvements Assessment
$0
Total Assessment
$1,169,459
  • Listing ID: 30749007

  • Date on Market: 1/23/2024

  • Last Updated:

  • Address: 25 S Abbott Ave, Milpitas, CA 95035

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