Cyrus Yazdani is pleased to offer For Sale 741 Auzerais Avenue ("The Property") in the City of San Jose, California. The Property presents an exciting opportunity to acquire +37,897 square feet of developable land located within close proximity to the proposed Google Campus development.
The Property is located in the City's Diridon Station Area Plan, which is comprised of ±22 Acres of land to be developed in the transit oriented location. The current general plan for The Property is Urban Residential, which allows for multifamily development with a density of up to 30-95 units per acre.
Residential/Commercial Mixed-Use minimum of 50 DU/AC with maximum FAR of 4.0 The Urban Residential designation allows for medium density residential development and a fairly broad range of commercial uses, including retail, offices, hospitals, and private community gathering facilities. The Urban Residential designation is also used to identify areas where the density of new development should be limited to a medium intensity in order to provide for a gradual transition between surrounding low-density neighborhoods and other areas suitable for greater intensification.
The allowable density/intensity for commercial projects is a FAR of 1.0 to 4.0 with a minimum FAR of 1.0. Residential/commercial mixed-use development shall require a minimum of 30 DU/AC with a maximum FAR of 4.0.