324 S Main St, Milpitas, CA 95035 Property Records

Santa Clara County property record for 324 S Main St, Milpitas, CA 95035 · Last verified October 2025

Property Summary

Property Type	Warehouse, Storage
Details	60,497 sqft · built 1999
Lot Size	3.38 acres (147,232 sqft)
Owner	Company Name on File
Last Sale	$16,541,000 (Jul 2022)
Tax Bill	$199,756 (2025)
Deeds & Mortgages	Jul 2022 Sale & Mortgage
Flood Zone	Zone X (moderate risk)
APN	`086-26-027`

Property Details

APN / Parcel Number

Primary APN	`086-26-027`

Interior

Units	488 Units
Stories	1 Story
Building Area	60,497 sqft Total Area
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 1999
Architectural Style	Spanish
Fire Resistance	Special
Lot Area	147,232 sqft (3.38 acres)
Lawn Sprinklers	Lawn Sprinklers

Location & Zoning

Street Address	324 S MAIN ST
City	MILPITAS
State	CA
Zip	95035-5317
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Legal Description	CITY/MUNI/TWP:MILPITAS
Legal Subdivision	CENTRAL PACIFIC RAILROAD CO
Jurisdiction	SANTA CLARA CA
Township / Civil Division	SAN JOSE
Census Block Group	2
Census Block	2010
Census Tract	504510

Owner

Source: Santa Clara County records · APN 086-26-027

Assessment roll updated July 1, 2025 · Last verified October 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	19191 S VERMONT AVE STE 680, 680, TORRANCE, CA 90502-1140
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jul 29, 2022 · Amount on Record
Deed Sale	Jul 29, 2022 · Amount on Record
Prior Sale	Jun 22, 2016 · Amount on Record
Deed Document Number	25350680
Record Updated	Jun 07, 2026

July 2022: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Jul 29, 2022
Property Address	324 S MAIN ST, MILPITAS, CA 95035-5317
Document Number	0025350680
Instrument Date	Jul 28, 2022
Instrument	25350680
Transaction Type	Transfer
Record Updated	Aug 10, 2022

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0025350681
Date	Jul 29, 2022
Instrument	25350681

Lender

Name	PGIM REAL ESTATE FINANCE LLC
Type	Mortgage Company

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Santa Clara County records · Assessment roll updated July 1, 2025 · Last verified October 2025

Property Jurisdictions

Type	Name
State	California
County	Santa Clara County
Municipality	Milpitas City
Unified School District	Milpitas Unified School District (KG - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes and is not a market price estimate.

Year	Tax Bill	Assessed Value
2025	$199,756.00 (+2.05%)	$17,208,216 (+4.04%) Land $6,127,956 Building $11,080,260
2023	$195,736.00 (+39.29%)	$16,540,000 Land $5,890,000 Building $10,650,000
2022	$140,528.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Santa Clara County (06085C), updated January 18, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 060855045102, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Moderate
500-Year Floodplain	Yes
Flood Insurance Cost	Premium on Record median of 4 individual NFIP policies nearby
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	289 units insured (285 under condo master policies) 1 of 4 individual policies on primary residences

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.