Central San Jose 0.725 acre property on S Bascom Ave between 280 and Stevens Creek Blvd. Outstanding property for redevelopment with medical offices, affordable housing, mixed use commercial or land banking investment for the future! The property is just East of Highway 17/880 and North of 280; Santana Row is across 880 to the West & Santa Clara Valley Medical Center is just across 280 to the South. Downtown San Jose is 10 minutes to the Northeast. Average daily traffic counts exceed 25,000. Three adjacent parcels with 280 LF frontage on S Bascom & 108 LF frontage on Scott St. The APN's are 277-04-060, 061 & 062. County Zoning is CG (General Commercial). This County pocket of land will likely be annexed by the City of San Jose as part of redevelopment. Property within City of San Jose West San Carlos Urban Village Pan area within the Bascom Commercial Character area. This will then result in all re-development permitting being handled by the City of San Jose. Existing tenants in place to maintain income. Seller financing may be possible. Property has been in the same family for ~ 50 years. Sellers may choose to 1031 exchange into another property. All offers will be reviewed and carefully considered. Tremendous upside potential!
MLS #
ML82007652
MLS Source
MLSListings, Inc.
Development Status
Improvements Completed
Existing Structures
MiscellaneousStructures
Fencing
None
Lot Description
Grade - Level
Present Use
Retail
Utilities
Gas - On Site
Elementary District
Campbell Union Elementary
High School District
Campbell Union High
Zoning
CG
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Luther Burbank Elementary School | public | K-8 | 0.38 mi | |
Middle College High School | public | 11-12 | 0.45 mi | N/A |
Abraham Lincoln High School | public | 9-12 | 0.70 mi | |
Merritt Trace Elementary School | public | K-5 | 0.77 mi | |
Herbert Hoover Middle School | public | 6-8 | 0.98 mi | |
Campbell Adult And Community Education | public | UG | 1.16 mi | N/A |
Del Mar High School | public | 9-12 | 1.24 mi | |
Washington Elementary School | public | K-5 | 1.59 mi | |
Westwood Elementary School | public | K-5 | 1.78 mi | |
Buchser Middle School | public | 6-8 | 1.82 mi | |
Gardner Elementary School | public | K-5 | 2.00 mi | |
Boynton High School | public | 9-12 | 2.03 mi | |
River Glen School | public | K-8 | 2.09 mi | |
Santa Clara Adult | public | UG | 2.16 mi | N/A |
Rosemary Elementary School | public | K-5 | 2.17 mi | |
Wilson Alternative School | public | K-12 | 2.22 mi | |
Willow Glen Elementary School | public | K-5 | 2.29 mi | |
Campbell Distance Learning | public | K-8 | 2.35 mi | N/A |
C. W. Haman Elementary School | public | K-5 | 2.40 mi | |
Leroy Anderson Elementary School | public | K-5 | 2.42 mi |
481 S Bascom Ave is in San Jose, CA 95128. This Land is currently priced at $2,995,000.
This address can also be written as 481 S Bascom Ave, San Jose, CA 95128.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of May 30, 2025. For the most current information, please contact Mark Foxx, (831) 234-7001