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534 S Bascom Ave - 500-540 S. Bascom Ave., San Jose 1.46 Acres of Commercial Land Offered at $9,500,000 in San Jose, CA 95128

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INVESTMENT HIGHLIGHTS

  • Location close to Downtown and local freeways.
  • Average daily traffic counts exceed 25,000.
  • Large parcel for devlopment
  • Highway 280 is just south and Highway 17 is just west

EXECUTIVE SUMMARY

PRIME CORNER FOR REDEVELOPMENT. Locating in the central area of the City of San Jose. Highway 280 is just south and Highway 17 is just west. Downtown San Jose is 10 minutes N E. . Average daily traffic counts exceed 25,000.
Possible addition of a residential parcel adjoining this land that connects to Laswel Ave., in the Burbank area of San Jose.

ATTACHMENTS

534 BASCOM

PROPERTY FACTS Under Contract

Price $9,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Bank
Total Lot Size 1.46 AC
Zoning CG - General Commercial but this County pocket of land will be annexed by the City of San Jose on development.

1 LOT AVAILABLE

Lot

Price $9,500,000
Price Per AC $6,506,849.32
Lot Size 1.46 AC

PRIME LAND FOR DEVELOPMENT OF HIGH DENSIITY AFFORDABLE HOUSING OR COMMERICAL. THIS PROPERY HAS 600 FEET OF FRONTAGE ON S. BASCOM. STONES THROW FROM 280 AND SANTA CLARA VALLEY MEDICAL CENTER.

DESCRIPTION

Previous strip center not being sold as land.

Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
277-29-046
Land Assessment
$969,738
Improvements Assessment
$266,595
Total Assessment
$1,236,333
  • Listing ID: 32522644

  • Date on Market: 7/19/2024

  • Last Updated:

  • Address: 534 S Bascom Ave, San Jose, CA 95128

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