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Marcus & Millichap is pleased to be selected as an exclusive investment sales advisor in marketing for sale 2726-2752 Goble Lane in San Jose, California. This offering presents a great opportunity for developers and investors to acquire a fully entitled and approved 0.78 acres ground-up retail development site in Montecito Vista planned community.
This offering consists of two land parcels (APNs 455-85-011 & 455-85-012) entitled for a development of two retail buildings with a total square footage of 15,500 sf. Sellers have obtained all city approvals and permits including grading, building, electrical, mechanical, plumbing. The offsite improvements inlcuding curb, gutters, utilities are in ready for pulling grading permit to build the pad/foundation and ready to pull building permit.
Montecito Vista Urban Village is one of San Jose’s latest planned development communities located three miles South of the San Jose’s downtown core with easy access to nearby highways 87, 101 and 280, as well as extensive public transportation option. This 29.5-acre master-planned community when complete will include eight distinct phases comprising condominiums, apartments and attached townhomes. The community will also include a two-acre public park and 18,000 square feet of retail.
Directly behind the Subject Property is Taylor Morrison’s new “Indigo” Residential Development. Indigo offers a variety of distinctive townhome style residences from 1,303 sq. ft. to 1,953 sq. ft., ranging between 2-3 bedroom and 2.5-3.5 bathrooms. Most floor plans at Indigo will include a downstairs bedroom and full bathroom. Select plans offer open kitchens with center islands and private outdoor space off the main living level. Residents at Indigo can take advantage of the centrally located 2-acre neighborhood park with two tot lots, basketball court, volleyball court, and seating with turf area.
Adjacent to the Subject Property from the left is another new Residential Development “Orvieto Apartments”, a joint venture between Eden Housing and ROEM Corporation. It’s a 92 unit four-story community.
Montecito Vista Urban Village was named San Jose’s best master-planned community several years in a row.
PLEASE CONTACT EXCLUSIVE AGENTS FOR ALL ADDITIONAL INFORMATION
