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226 S 24th St - Covered Land Play including 1165 Peach Court 2.34 Acres of Industrial Land in San Jose, CA 95116
EXECUTIVE SUMMARY
Ritchie Commercial is proud to present a unique opportunity in the heart of Silicon Valley given the chance to obtain huge upside potential with the creation of a mixed-use redevelopment project while generating income during the entitlement process from existing leased industrial buildings. Conversely, an Owner-User can purchase and occupy in the near term, while awaiting the future development opportunity.
The City of San Jose Planning Department has stated that City Council will vote in early 2026 on incorporating the current Urban Village Plan (24th and William) into the Five Wounds Urban Village Plan which if passed, will remove the BART funding contingency, and immediately allow Mixed-Use Residential with a density of approximately 55-70 Units/Acre.
The City of San Jose Planning Department has stated that City Council will vote in early 2026 on incorporating the current Urban Village Plan (24th and William) into the Five Wounds Urban Village Plan which if passed, will remove the BART funding contingency, and immediately allow Mixed-Use Residential with a density of approximately 55-70 Units/Acre.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Industrial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.34 AC |
| Property Type | Land | ||
| Zoning | M1, M | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 2.34 AC |
| Zoning | M1, M |
1 LOT AVAILABLE
Lot
| Lot Size | 2.34 AC |
| Lot Size | 2.34 AC |
Now available for sale. Price negotiable. Can be redeveloped for high density housing, potentially up to 95 units/acre. Covered land play with an annual gross rent $315,810.
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Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (78)
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226 S 24th St - Covered Land Play including 1165 Peach Court
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