Santa Clara County  »  540 Alder Dr

540 Alder Drive, Milpitas, CA 95035 Property Information

540 Alder Drive, Milpitas, CA 95035 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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540 Alder Drive, Milpitas, CA 95035
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Address

Primary address 540 Alder Drive, Milpitas
Zip code 95035
County Santa Clara
Parcel ID 083-19-020

Sales & Tax Overview for 540 Alder Drive, Milpitas

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 10/21/2021
Sale price $170,000,000
Arm's length
Property tax $178,874

Lot & Building Information for 540 Alder Drive, Milpitas

Building sqft 52,812
Building class General Industrial Non-Manufacturing or Combination of Manufacturing and Non-Manufacturing (16)
Acreage 3.77
Lot sqft 164,201
Units 1
Year built 1985
Stories 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district

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Other Property Data for 540 Alder Drive, Milpitas

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About 540 Alder Drive, Milpitas

How many sq. ft. does 540 Alder Drive, Milpitas, CA 95035 have & what is the price per sq. ft?

This General Industrial Non-Manufacturing or Combination of Manufacturing and Non-Manufacturing (16) located at 540 Alder Drive, Milpitas, CA 95035 has a total of 52,812 square feet and a current price per square foot of $3,218.

What is the year built & the current market value of 540 Alder Drive, Milpitas, CA 95035?

540 Alder Drive, Milpitas, CA 95035 was built in 1985 and has a current tax assessor's market value of $15,705,878.

Ownership Information

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Spaces for Lease in 540 Alder Drive, Milpitas

Tasman Technology Park
Listing type For Lease
Last updated 04/16/2026
Lot size 47.07 Acre
View Listing

Brokers

Bob Steinbock
Sherman Chan
Mark D. Christierson
Joey McSweeney
Robbie Taylor
Thomas Taylor
Matthew Taylor
Spaces
Suite name Space type Lease rate Available space Brokers
540 Alder Drive R&D - Office $25.80/Sqft/Year 52,812 Bob Steinbock
Sherman Chan
Mark D. Christierson
Joey McSweeney
700 Tasman Drive R&D - Industrial $25.80/Sqft/Year 38,318 Bob Steinbock
Sherman Chan
Mark D. Christierson
Joey McSweeney
1189 Barber Lane Flex - Industrial $25.80/Sqft/Year 10,781 Bob Steinbock
Joey McSweeney
Mark D. Christierson
Sherman Chan
Active Listings For This Property:
For Lease Tasman Technology Park
Tasman Technology Park
540 Alder Drive, Milpitas
Property R&D - Office
Availability 3 Spaces listed / 101911 Sqft
Price $25.80/Sqft/Year
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Past Sales & Property History for 540 Alder Drive, Milpitas

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Purchase date Purchase price Buyer name Seller name
10/21/2021 $170,000,000

Title Documents for 540 Alder Drive, Milpitas

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
10/21/2021 Grant Deed
               
               
               
               
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R: Recorded date
D: Document date

Property Taxes for 540 Alder Drive, Milpitas

Access detailed property tax data for 540 Alder Drive, Milpitas, CA 95035. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax $178,874
Market value $15,705,878

Assessment History for 540 Alder Drive, Milpitas

Here's the assessment & property tax history for 540 Alder Drive, Milpitas, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $15,705,878 1.1389 $178,874 -4.18%
2024-2025 $16,337,920 1.1426 $186,677 +6.42%
2023-2024 $15,096,000 1.162 $175,416 +0.45%
2022-2023 $14,800,000 1.1799 $174,625 +31.94%
2021-2022 $11,158,755 1.1861 $132,354 +1.79%

Permits for 540 Alder Drive, Milpitas

The complete history of permits filed for 540 Alder Drive, Milpitas, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Status
10/16/2024
02/14/2023
11/17/2022
09/29/2017
09/29/2017
09/29/2017
08/10/2017
08/10/2017
08/10/2017
04/16/2014
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Demographics by Zip Code

Total population 78,810
Median age 36.8
Average household income $213,209
Family households 78.1%
Occupied housing units 25,124
Owner occupied units 58.5%
Average number of people per household 3.06
Median year structure built 1987
Median value for units with a mortgage $1,280,500
Median value for units without a mortgage $1,213,700

Risk

Create a free account to unlock extended information for 540 Alder Drive, Milpitas, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) 0.2, AH (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

Access the detailed traffic volume map for 540 Alder Drive, Milpitas to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 540 Alder Drive, Milpitas

Here are the neighbors for 540 Alder Drive, Milpitas.

Address Square feet Purchase date Purchase price
1440 McCarthy Blvd, Milpitas 45,130 10/21/2021 $170,000,000
510 Alder Dr, Milpitas 411,625
890 Tasman Dr, Milpitas 43,450 10/21/2021 $170,000,000
692 Tasman Dr, Milpitas 91,212 10/21/2021 $170,000,000
821 Alder Dr, Milpitas 224,667
800 Barber Ln, Milpitas 70,238 05/20/2025 $9,300,000
701 S Abel St, Milpitas
563 S Main St, Milpitas 2,420 01/15/2025 $1,750,000
570 Alder Dr, Milpitas 88,450 10/21/2021 $170,000,000
740 Tasman Dr, Milpitas 44,504 10/21/2021 $170,000,000
888 Tasman Dr, Milpitas 104,446 10/21/2021 $170,000,000
771 Alder Dr, Milpitas 221,580
1001 Murphy Ranch Rd, Milpitas 73,000
579 S Main St, Milpitas 7,152
725 Alder Dr, Milpitas 224,036
798 Barber Ln, Milpitas
900 Thompson CT, Milpitas
615 S Main St, Milpitas
601 McCarthy Blvd, Milpitas 177,250
911 Murphy Ranch Rd, Milpitas 150,800

Nearby ZIP Codes for 540 Alder Drive, Milpitas

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