Real estate listing preview #1
listing
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LandFor Sale
$8,498,000
1090 South De Anza Boulevard
San Jose, CA 95129
Courtesy of Pacific Realty Investment Group
MLS: MLSListings
26,417Sq Ft
Est. Mortgage
$43,965/mo

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

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Based on information from the MLSListings MLS as of 09/20/2021 06:38 AM. 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 courtesy of Pacific Realty Investment Group is subject to verification and is not guaranteed.
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