Santa Clara County  »  521 Alder Dr

521 Alder Drive, Milpitas, CA 95035 - Property report

Also known as: 521 Alder Dr

Property image for 521 Alder Drive, Milpitas, CA 95035
static Mapbox map

Property type

Retail Uses in Other Than Regional, Community and Neighborhood Shopping Centers (58)

Year built

2022

Acreage

1.97

Sale price

$46,150,000

General Information

Address
Primary address
521 Alder Dr
Milpitas, CA 95035
Zip code
95035
County
Santa Clara
Municipality
Milpitas
Parcel ID
083-19-035

Owner

Find out who owns 521 Alder Drive, Milpitas, CA 95035. Uncover corporate and individual owners with a free account.

Sales
Sale date
07/15/2026
Sale price
$46,150,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$517,399
Building
Property type
Retail Uses in Other Than Regional, Community and Neighborhood Shopping Centers
Building sq. ft.
113,538
Stories
5
Year built
2022
Lot
Acreage
1.97
Lot sq. ft.
85,813
Zoning & use
Zoning
Qualified opportunity zone
Units
194

Area overview

Walk score
50 /100.  Somewhat Walkable
Transit score
46 /100.  Some Transit
Bike score
71 /100.  Very Bikeable

Ownership information for 521 Alder Drive, Milpitas, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 521 Alder Drive, Milpitas, CA 95035

Sale date Sale price Buyer name Seller name
07/15/2026 $46,150,000 XXXXXXXX XXXXXXXXXXX XXX XX XXXXXXXX XXXXXXXX XXX

*Most recent sale on record for this property.

More about Santa Clara County property records.

Title documents

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 521 Alder Drive, Milpitas, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$517,399
Recent tax assessments
Market value
$45,429,671
Land value
$4,806,899
Building value
$40,622,772

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $45,429,671 1.1389 $517,399 -33.42%
2024-2025 $68,012,158 1.1426 $777,107 +2.88%
2023-2024 $65,002,599 1.162 $755,330 +145.83%
2022-2023 $26,041,450 1.1799 $307,263 +1.47%
2021-2022 $25,530,834 1.1861 $302,821 n/a

Permit information for 521 Alder Drive, Milpitas, CA

No recently recorded permits for this property.

Demographics by ZIP code

Total population
78,810
Median age
36.8
Average household income
$213,209
Family households
78.1%
People per household (average)
3.06
Occupied housing units
25,124
Owner-occupied units
58.5%
Median year structure built
1987
Median value mortgaged units
$1,280,500
Median value unmortgaged units
$1,213,700

Risk

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FEMA flood zones

FEMA flood zones
0.2
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 521 Alder Drive, Milpitas, CA 95035 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 521 Alder Drive, Milpitas, CA 95035?

The development at 521 Alder Drive, Milpitas, CA 95035 was built in 2022.

What is the market value of 521 Alder Drive, Milpitas, CA 95035?

The current market value of 521 Alder Drive, Milpitas, CA 95035 is $45,429,671.

What is the total square footage of 521 Alder Drive, Milpitas, CA 95035?

521 Alder Drive, Milpitas, CA 95035 has a total of 113,538 square feet.

What is the price per square foot for this property?

$406 per square foot is the price for 521 Alder Drive, Milpitas, CA 95035.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 194.

Disclaimer

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