Address
1090 S De Anza BLVD San Jose, CA
Price
$ 8,498,000
Property Attributes
  • MLS#ML81834037
  • TypeCom Land
  • CountySANTA CLARA
  • CitySan Jose
  • AreaCupertino
  • Zip95129
  • StyleHotel/Motel
  • Price$ 8,498,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.61 Acres
Listing Provided Courtesy Of:
Jerry Kwok with Pacific Realty Investment Group.
Data Source:
MLSListings - 40 - CA
Property Description

Site is in the heart of Silicon Valley, less than 2 miles away from Apple's headquarters. This offering is absolutely a rare and unique opportunity to place capital in one of the highest sought-after locations in the United States. Building permit for a 4-story Hampton by Hilton hotel is currently at the final stage of approval. The hotel is with 89 guest rooms and one level of underground parking. Seller has spent nearly $2 million over the past 5 years on entitlement, building permit, and site demolition. Other land use for retail, mixed-use, and multi-family is allowed under current zoning. - Seller has received all necessary land use approvals from the City of San Jose - Project is currently at the final stage of Building Permit issuance - Site has been demolished, and seller has obtained all necessary environmental clearance verification documents from the county and the city - Franchise Agreement with Hilton for the Hampton by Hilton brand has been signed and fees have been paid

Price History
3/15/2021 Listed $8,498,000

General Features

City SAN JOSE
County Santa Clara
Development Status Approved Building Plan, Building Site Cleared, Improvements Plans Avail, Site Plan Approved
Listing Agent State License 01882477
MLS Area Cupertino
Present Use Hotel/Motel
Property SubType Comm. Land Retail
Property Type Commercial Lots & Land
Special Listing Conditions Not Applicable
Status Active
Utilities Electricity - Available at Street, Gas - Available at Street
Water Water Available at Street
Zoning Text CP

Exterior Features

Fencing Fenced
Horse Property No
Lot Acres 0.6065
Lot Description Grade - Level, Regular
Lot Size Area 26417.00
Lot Size Units Square Feet
Maximum Lot Size 26417.00
Parcel Access City Street
Sewer/Septic Sewer - Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Com Land Average in 95129

Price
AVG $8.5M
$8.5M
Visits
AVG 52
51
Walkscore
AVG 83
83
Data Provided by Walkscore ® not using MLS data

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