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1099 Bascom Ave San Jose, CA 95128

2.12-acre San Jose development site

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 2.12-acre commercial land parcel, located at 1099-1145 South Bascom Avenue in San Jose, California, presents a unique opportunity for large-scale development. Situated within the high-resource designation of the 2024 CTCAC/HCD Opportunity Map and the South Bascom Urban Village Plan's Mixed-Use Character Area, this site allows for a maximum building height of 85 feet and up to 150 dwelling units per acre. Commercial requirements are waived for 100% affordable projects; otherwise, a minimum 0.35 commercial floor area ratio is required. The property boasts excellent proximity to key amenities, including Santa Clara Valley Medical Center (0.4 miles), San Jose City College (0.6 miles), Whole Foods (1.0 mile), and Santana Row (2.0 miles). It's also conveniently located within San Jose Urban Village C43. Currently improved with three vacant retail buildings totaling 18,844 square feet, these structures will be delivered vacant upon the close of escrow, providing immediate development potential. This prime location and flexible zoning make this an unparalleled investment opportunity in a thriving San Jose neighborhood. The property is zoned for Urban Village use within Santa Clara County, zip code 95128.

Highlights

  • Prime 2.12-acre South Bascom Urban Village site, designated "high resource" for multifamily development.
  • Mixed-use zoning allows 85-foot height, up to 150 du/acre; commercial requirements waived for 100% affordable projects, otherwise 0.35 FAR minimum.
  • Excellent location near Santa Clara Valley Medical Center, San Jose City College, Whole Foods, and Santana Row; within San Jose Urban Village C43.
  • Includes three vacant retail buildings totaling 18,844 square feet, delivered vacant at close of escrow.

Property Details for 1099 Bascom Ave

Property type
Land

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.3062854
Longitude
-121.932245

FAQs

What type of property is this?
Land - 2.12-acre San Jose development site
Where is the land located?
The property is located at 1099 Bascom Ave San Jose, CA.
What are key features of this property?
This property features: Prime 2.12-acre South Bascom Urban Village site, designated "high resource" for multifamily development.; Mixed-use zoning allows 85-foot height, up to 150 du/acre; commercial requirements waived for 100% affordable projects, otherwise 0.35 FAR minimum.; Excellent location near Santa Clara Valley Medical Center, San Jose City College, Whole Foods, and Santana Row; within San Jose Urban Village C43.
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1099 Bascom Ave
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