Existing Use:

  • Self-Service Car Wash: 1,520 square feet
  • (5) 30’ Bays
  • (4) Vacuum Stations

Key Site Features

The property has immediate frontage on Saratoga Avenue and is adjacent to Stevens Creek Boulevard. A highly amenitized trade area lies to the north, while a dense residential area is immediately to the south.

Potential Development Plan

Residential, retail, and commercial mixed-use

THE OPPORTUNITY

Prime Location In A Thriving Silicon Valley Corridor

The property is situated in one of the most sought-after locations in santa clara, a city at the epicenter of silicon valley’s technological and economic engine. The property’s position along stevens creek boulevard and saratoga avenue offers unmatched visibility in a hightraffic corridor that connects major commercial and residential areas. Santa clara is home to an affluent population and numerous fortune 500 companies, including apple, nvidia, and google, ensuring strong economic activity and demand for both residential and commercial properties. This corridor benefits from a vibrant mix of retail centers, dining options, and essential services that make it a hub of activity for residents and workers alike. Nearby, large-scale developments and ongoing infrastructure improvements reflect the area’s forward looking growth strategy. With easy access to I-280, us-101, and caltrain stations, the property is ideally situated to play off the synergies of nearby automotive areas foraAn owner-user or attract future residents as a redevelopment.

Flexible Zoning Unlocks Development Potential

The property’s recent upzoning to mixed-use community commercial (mu-cc) unlocks its potential for a wide variety of development opportunities. This designation aligns with Santa Clara’s urban planning initiatives, which aim to foster walkable, transit-oriented communities with a mix of residential, commercial, and retail uses. The zoning allows for developments of up to 40 feet or four stories, making it ideal for a mixed-use project with ground-floor retail or services and upper-level residential or office spaces, a townhome redevelopment, or a commercial development. The mu-cc zoning’s flexibility positions the site to capitalize on the city’s vision for the Stevens Creek boulevard corridor, emphasizing sustainable, community focused developments with a veering away from an automotive concentration.

Immediate income or redevelopment value

Currently operating as a specialty car wash, the property offers immediate incomegenerating potential, appealing to owner-users or investors seeking near-term returns while planning future redevelopment. The existing car wash provides a stable revenue stream, making the property particularly attractive to buyers who value the dual benefits of operational cash flow and longer-term appreciation. For investors or developers, the site’s income potential provides a cushion during the planning and entitlement phases of redevelopment. The flexibility to continue operations or transition to a new use ensures this property’s versatility as an investment.

Favorable market dynamics & economic growth

Santa Clara’s economic environment provides a strong foundation for real estate investment, with robust job growth, high-income demographics, and a limited supply of developable land driving property values higher. Santa clara county indicates sustained demand for mixeduse developments, particularly in areas with strong connectivity and vibrant community infrastructure, as evident in the multiple development sites that sit across the street from the property. The property benefits from its proximity to high-density residential neighborhoods and commercial hubs, making it an appealing location for future tenants or buyers. As the region continues to grow, limited land availability and zoning changes like those at the property make properties of this nature increasingly rare and valuable.

Exceptional long-term investment potential

The property represents a future-proof investment in a rapidly evolving urban corridor. Whether as a boutique mixed-use or townhome development, a specialty retail site, or a piece of a larger assembly for redevelopment, this property offers numerous paths to longterm value creation. The small lot size makes it an accessible entry point for owner-users or developers, while the broader zoning potential allows for creative redevelopment solutions.

Additionally, the property’s proximity to major transportation links, world-class employers, and ongoing infrastructure upgrades adds layers of durability to its investment appeal. As Santa Clara continues to invest in smart growth and place-making initiatives, the property will benefit from increasing interest from both tenants and investors, making this a compelling opportunity for those seeking a strong return on investment in silicon valley’s dynamic real estate market.

Possibility for an assemblage with a neighboring parcel. Please inquire for further details.