| Primary address | 538 Valley Way, Milpitas |
| Alternate address(es) | 500 Valley Way 514 Valley Way 516 Valley Way |
| Zip code | 95035 |
| County | Santa Clara |
| Parcel ID | 022-28-024 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Current property tax | $52,419 |
| Building sqft | 43,200 |
| Total sqft | 43,200 |
| Building class | Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) |
| Acreage | 2.61 |
| Buildings on lot | 2 |
| Lot sqft | 113,691 |
| Units | 2 |
| Year built | 1978 |
| Stories | 2 |
| Zoning district | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) located at 538 Valley Way, Milpitas, CA 95035 has a total of 43,200 square feet.
What is the year built & the current market value of 538 Valley Way, Milpitas, CA 95035?538 Valley Way, Milpitas, CA 95035 was built in 1978 and has a current tax assessor's market value of $10,036,206.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease. There are 1 active listings at this address.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Sale |
|---|---|
| Listing date | 08/30/2024 |
| Last updated | 03/30/2026 |
| Lot size | 12458 SF |
♦ Zoned C1
♦ APN: 022-28-026
♦ Development Opportunity for Owner/User or Investor
♦ Valley Way off Abbott Avenue
Create a free account to view the complete sales history for 538 Valley Way, Milpitas, including title documents, transfer conditions, mortgages and liens.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 538 Valley Way, Milpitas, CA 95035. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Base tax | $114,302 |
| Current property tax | $52,419 |
| Market value | $10,036,206 |
Here's the assessment & property tax history for 538 Valley Way, 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 | $10,036,206 | 1.1389 | $114,302 | +1.67% |
| 2024-2025 | $9,839,419 | 1.1426 | $112,425 | +0.30% |
| 2023-2024 | $9,646,490 | 1.162 | $112,092 | +0.45% |
| 2022-2023 | $9,457,344 | 1.1799 | $111,587 | +1.47% |
| 2021-2022 | $9,271,907 | 1.1861 | $109,974 | +1.79% |
The complete history of permits filed for 538 Valley Way, 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.
| 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 |
Create a free account to unlock extended information for 538 Valley Way, 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, AE (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
Access the detailed traffic volume map for 538 Valley Way, Milpitas to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 538 Valley Way, Milpitas.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 602 Valley Way, Milpitas | 20,420 | 02/09/2005 | |
| 273 Pescadero CT, Milpitas | 12/08/2023 | ||
| 304 LA Honda Dr, Milpitas | 10/30/2024 | ||
| 891 Coyote St, Milpitas | 09/10/2024 | ||
| 111 Heath St, Milpitas | 07/22/2002 | ||
| 365 San Andreas Dr, Milpitas | 09/05/2025 | $1,575,000 | |
| 244 LA Honda Dr, Milpitas | 11/19/1998 | ||
| 55 S Abbott Ave, Milpitas | 8,500 | 02/28/2011 | |
| 268 Pescadero CT, Milpitas | 10/08/2012 | ||
| 317 San Andreas Dr, Milpitas | 09/16/2016 | ||
| 256 LA Honda Dr, Milpitas | 02/25/2025 | $2,100,000 | |
| 305 San Andreas Dr, Milpitas | 11/06/2023 | ||
| 400 Valley Way, Milpitas | 36,737 | 12/31/2002 | $1,630,000 |
| 901 Hanson CT, Milpitas | 49,570 | 10/14/2015 | $6,000,000 |
| 225 Pescadero CT, Milpitas | |||
| 461 Valley Way, Milpitas | 44,453 | 02/09/2005 | |
| 63 Smithwood St, Milpitas | 05/15/1997 | $205,000 | |
| 28 S Abbott Ave, Milpitas | 09/26/2017 | $1,028,000 | |
| 232 Pescadero CT, Milpitas | 10/19/2021 | $1,910,000 | |
| 244 Pescadero CT, Milpitas | 05/27/2021 |