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910-916 Meridian Ave - .68 AC RARE RESIDENTIAL REDEVELOPMENT OPP. 0.68 Acres of Residential Land Offered at $9,486,327 CAD in San Jose, CA 95126



Investment Highlights
- Rare ±29,833 SF Residential Redevelopment Opportunity in San Jose
- Strong Potential for Multifamily, Mixed-Use, Affordable, or Senior Housing Development
- Excellent Location Near Hwy 280, Southwest Expressway & Downtown San Jose
- Approximately ±220 FT of Frontage Along Meridian Ave
- No Tenants in Place Allowing Immediate Redevelopment Flexibility
Executive Summary
Rare ±29,833 SF redevelopment opportunity located on highly desirable Meridian Ave in San Jose, CA. The property consists of two existing restaurant buildings situated on a large, well-positioned parcel with approximately ±220 feet of frontage along Meridian Ave. The current businesses are owner-operated and the property may be delivered vacant upon approximately 30 days notice, providing developers exceptional flexibility and ease of repositioning or redevelopment.
The property is zoned CP – Commercial Pedestrian and designated NCC – Neighborhood Community Commercial under the Envision San Jose 2040 General Plan, providing strong potential for multifamily, mixed-use residential, affordable housing, senior housing, and other higher-density redevelopment opportunities subject to City approval.
Strategically located just one parcel off the signalized corner of Meridian Ave and Fruitdale Ave, the property benefits from exceptional accessibility and connectivity within the Silicon Valley market. The site offers immediate access to Highway 280 and is located only approximately two blocks from Southwest Expressway. The property is also situated approximately two (2) miles from Downtown San Jose, placing it within close proximity to major employment centers, retail amenities, public transportation, and surrounding residential neighborhoods.
The property is zoned CP – Commercial Pedestrian and designated NCC – Neighborhood Community Commercial under the Envision San Jose 2040 General Plan, providing strong potential for multifamily, mixed-use residential, affordable housing, senior housing, and other higher-density redevelopment opportunities subject to City approval.
Strategically located just one parcel off the signalized corner of Meridian Ave and Fruitdale Ave, the property benefits from exceptional accessibility and connectivity within the Silicon Valley market. The site offers immediate access to Highway 280 and is located only approximately two blocks from Southwest Expressway. The property is also situated approximately two (2) miles from Downtown San Jose, placing it within close proximity to major employment centers, retail amenities, public transportation, and surrounding residential neighborhoods.
Property Facts
| Price | $9,486,327 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.68 AC |
| Property Type | Land | ||
| Zoning | CP - Commercial Pedestrian | ||
| Price | $9,486,327 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.68 AC |
| Zoning | CP - Commercial Pedestrian |
1 Lot Available
Lot
| Price | $9,486,327 CAD | Lot Size | 0.68 AC |
| Price Per AC | $13,950,480.96 CAD |
| Price | $9,486,327 CAD |
| Price Per AC | $13,950,480.96 CAD |
| Lot Size | 0.68 AC |
Rare ±29,833 SF redevelopment opportunity on Meridian Ave with ±220 FT of frontage. Zoned CP with NCC General Plan designation allowing strong potential for multifamily, mixed-use, affordable housing, and other redevelopment opportunities.
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 264-02-068 | Improvements Assessment | $29,718 CAD |
| Land Assessment | $5,290,204 CAD | Total Assessment | $5,319,922 CAD |
Property Taxes
Parcel Number
264-02-068
Land Assessment
$5,290,204 CAD
Improvements Assessment
$29,718 CAD
Total Assessment
$5,319,922 CAD
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910-916 Meridian Ave - .68 AC RARE RESIDENTIAL REDEVELOPMENT OPP.
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