1090 S De Anza Boulevard

San Jose, CA, 95129

$10,500,000

$10,500,000
Active
Active
 - For Sale
property_type
Commercial
Located at the heart of Silicon Valley, less than 2 miles away from Apples headquarter. This offering is absolutely a rare opportunity to place capital in one of the highest sought-after locations in the United States. The project proposes to develop a 4-story Hampton by Hilton hotel with 89 guest rooms and one level of underground parking. The site is now been in readiness for the hotel construction. Buyers may also seek the opportunities for retail, mixed-use, or multi-family development but entitlement needs to be verified through the City of San Jose. - Seller has paid over $2M for designs and drawings, demolition, and clearance etc. - Project is currently at the final stage of Building Permit issuance - Site has been demolished, clearance verification documents obtained from all government authorities - Franchise Agreement with Hilton has been signed and fees have been paid - Top-ranked school district, Lynbrook High School
MLS® ID:
ML81887323
Listed:
4/16/22
Updated:
5/18/22

Exterior/Building Features

Lot Size
0.61 acres lot
Lot Details
Level

Other Property Details

Area Name
Cupertino
Attached Garage
No
Parking
N
View
N
County
Santa Clara
Pool
No
Zoning
CP

Property History

Date
Event
Price
Value
5/6/22
Price Change
$10,500,000
121%

 

Courtesy of Pacific Realty Investment Group, Jerry Kwok

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