720 S Milpitas Blvd, Milpitas, CA 95035 Property Records

Santa Clara County property record for 720 S Milpitas Blvd, Milpitas, CA 95035

Property Summary

Property Type	R&D Facility, Laboratory
Details	89,415 sqft · built 1984
Lot Size	5.67 acres (247,420 sqft)
Owner	Company Name on Record
Last Sale	$7,999,750 (Jul 2014)
Tax Bill	$115,682 (2025)
Deeds & Mortgages	Mar 2021 Construction Loan Mortgage
Flood Zone	Zone X (moderate risk)
APN	`086-38-001`

Property Details

APN / Parcel Number

Primary APN	`086-38-001`

Interior

Stories	1 Story
Building Area	89,415 sqft Total Area
Elevator	Elevator

Exterior

Year Built	Built 1984
Effective Year Built	Effective 1984
Architectural Style	Custom Design
Construction Type	Concrete
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	247,420 sqft
View / Lot	Corner

Utilities, Heating & Cooling

Cooling System	HVAC

Location & Zoning

Street Address	720 S MILPITAS BLVD
City	MILPITAS
State	CA
Zip	95035-5449
Property Category	Industrial
Property Type	Industrial > R&D Facility, Laboratory
Local Zoning Code	M2
Legal Description	LOT 5 RECORDER'S BOOK 438 PAGE 10
Jurisdiction	SANTA CLARA CA
Township / Civil Division	SAN JOSE
Census Block Group	1
Census Block	1024
Census Tract	504509

Owner

Source: Santa Clara County records, as of July 27, 2026

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

Owner of Record	Company Name on Record
Mailing Address	555 TWIN DOLPHIN DR, 600, REDWOOD CITY, CA 94065-2130
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 16, 2021	Deed of Trust, Mortgage · Construction Mortgage UNITED OF OMAHA LIFE INSURANCE COMPANY
	Deed of Trust, Mortgage

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 9, 2014 · Amount on Record
Deed Sale	Jul 9, 2014 · Amount on Record
Prior Sale	Jun 9, 1999 · Amount on Record
Deed Document Number	201422641712
Prior Transfer Date	Jun 1, 1999
Prior Transfer Doc	0014849484
Record Updated	Oct 29, 2026

March 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA CLARA CA
Property Address	720 S MILPITAS BLVD, MILPITAS, CA 95035-5449
Transaction Type	Mortgage
Record Updated	Mar 29, 2021
Title Company	CHICAGO TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	555 TWIN DOLPHIN DR 600, 600, REDWOOD CITY, CA 94065-2130

Mortgage

Document Number	0024877054
Date	Mar 16, 2021
Instrument	24877054

Lender

Name	UNITED OF OMAHA LIFE INSURANCE COMPANY
Type	Non-Lending Institution
Address	OMAHA, NE 68175

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	121 Months
Due	Apr 1, 2031

: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA CLARA CA
Property Address	720 S MILPITAS BLVD, MILPITAS, CA 95035-5449
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Tax Assessment & Valuation

Source: Santa Clara County assessment roll, as of July 27, 2026

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

Year	Tax Bill	Assessed Value
2026		$9,807,089 (+2%) Land $8,489,267 Building $1,317,822
2025	$115,682.00 (+1.77%)	$9,614,794 (+4.04%) Land $8,322,811 Building $1,291,983
2024	$113,666.00
2023		$9,241,441 Land $7,999,627 Building $1,241,814

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

Flood

Source: FEMA National Flood Hazard Layer, effective January 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 18 policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	18 in force

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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF MILPITAS serves 81,915 people · EPA ID CA4310005
Water Source	Purchased surface water from several systems
Last State Inspection	Nov 2025
Lead	3 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 83 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL · Fixed Wireless in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Tekify Fiber & Wireless Fixed Wireless	1,400 / 1,400
Sail Internet Fixed Wireless	1,000 / 200
Verizon Fixed Wireless	300 / 20
Etheric Networks Fixed Wireless	250 / 100
Ridge Wireless Fixed Wireless	100 / 60

May also be available: GeoLinks, T-Mobile.

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