$19,900,000

This sale includes three contiguous parcels totaling approximately 2.51 acres of prime land located just half a mile from San Jose Mineta International Airport and less than three miles from Downtown San Jose and San Jose State University. *** 1440 N 1st St (APN: 235-02-032) -- 1.78 acres, currently San Jose Airport Inn *** 41 E Gish Rd (APN: 235-02-025) -- 0.63 acres, currently two commercial buildings *** APN: 235-02-024 -- 0.10 acres, used as a parking lot *** Situated directly across from VTA,s Light Rail Gish Station *** Zoned as Urban Village with up to 250* DU/AC (Dwelling Units per Acre) and a Floor Area Ratio of 10.0 (10 times larger than the total lot area). *** Estimated 28,000+ vehicles and pedestrians passing daily along North First Street, the property enjoys exceptional visibility and strong potential for retail or mixed-use activation. *** Exceptional development potential in a highly visible and convenient location.