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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
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.
Possible addition of a residential parcel adjoining this land that connects to Laswel Ave., in the Burbank area of San Jose.
Property Facts Under Contract
1 Lot Available
Lot
| Price | $9,500,000 | Lot Size | 1.46 AC |
| Price Per AC | $6,506,849.32 |
| 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.
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 277-29-046 | Improvements Assessment | $266,595 |
| Land Assessment | $969,738 | Total Assessment | $1,236,333 |
Property Taxes
Parcel Number
277-29-046
Land Assessment
$969,738
Improvements Assessment
$266,595
Total Assessment
$1,236,333
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534 S Bascom Ave - 500-540 S. Bascom Ave., San Jose