Listed by Joshua Johnson, 650-391-1784 from Marcus & Millichap
(If provided) CoList: Jimmy Castellanos from Marcus & Millichap
Sold listing courtesy of RECIP from RCIP
This exceptionally well-located development site is situated at a signalized intersection along Lawrence Expressway in Santa Clara. Surrounding land uses include multi-family housing to the south and west, and a 7-Eleven convenience store to the north, with single-family residential beyond the store; the area to the east of Lawrence Expressway is developed with detached single-family residential uses. The property currently has a zoning designation of Neighborhood Commercial and general plan land use of Neighborhood Commercial. However, the site is surrounded by low- to medium-density residential uses and residential use conforms well to the surrounding land uses. The seller has done a preliminary investigation into developing the site with medium-density residential use and discussed changing the zoning and general plan for the site with the city. Buyer is responsible for investigating potential uses of the site with the City of Santa Clara.
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