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10505 San Diego Mission Rd

San Diego, CA 92108
  • $10,000,000
  • STATUS: Active
  • ON SITE: 125 Days
  • ID#: 230021039SD
UPDATED: 61 min ago
$10,000,000
  • 0
    BEDS
  • 1.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Lauren Empey of Empey Realty (858-230-8644)


Description

Unparalleled investment opportunity at the gateway to San Diego State University's upcoming Mission Valley Campus. Capitalize on "complete communities" incentives that offer a generous FAR of 4.0 on this prime 51,389 SF site (2 parcels), allowing for approx. 200,000 SF of buildable residential space in a location on the brink of a renaissance. 1/4 mile from the forthcoming SDSU Mission Valley Campus & within the special attention area Trolley Station Design District under the Mission Valley Community Plan, this site offers future residents an oasis of urban living, complete w/ quality jobs, immediate access to unrivaled retail & entertainment, as well as green spaces & mobility infrastructure that encourage healthy outdoor living. The SDSU Mission Valley Campus plan includes a River Park with 80+ acres of recreation & open spaces, bike & pedestrian paths, bridges & plazas; an expansive 95,000-SF retail hub w/ shopping, dining & entertainment; 1.6 million SF of research & innovation space; hotel & conference space; & Snapdragon Stadium, a hotspot for world-class sports events & musical performances. The existing office building & 7-Eleven generate stable, near-market rents, offering a financial cushion during the permitting process. Please see the Offering Memorandum for more details & 2 pro formas of potential development scenarios. Dont miss your chance to benefit from SDSUs & the Citys major investments in the revitalization of an area with already high rental demand, which will only continue to rise. This is an asset to keep in the portfolio for generations to come!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-28T07:29:49.84. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
www.century21jordanlink.com/homes/144697407
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10505 San Diego Mission Rd San Diego, CA 92108

  • Price: $10,000,000
  • Status: Active
  • On Site: 125 Days
  • Updated: 61 min ago
  • ID#: 230021039SD
0
Beds
0
Baths
0
½ Baths
1.18
Acres
Neighborhood:
Mission Valley
County:
San Diego
Area:
92108 - Mission Valley
Property Description
Unparalleled investment opportunity at the gateway to San Diego State University's upcoming Mission Valley Campus. Capitalize on "complete communities" incentives that offer a generous FAR of 4.0 on this prime 51,389 SF site (2 parcels), allowing for approx. 200,000 SF of buildable residential space in a location on the brink of a renaissance. 1/4 mile from the forthcoming SDSU Mission Valley Campus & within the special attention area Trolley Station Design District under the Mission Valley Community Plan, this site offers future residents an oasis of urban living, complete w/ quality jobs, immediate access to unrivaled retail & entertainment, as well as green spaces & mobility infrastructure that encourage healthy outdoor living. The SDSU Mission Valley Campus plan includes a River Park with 80+ acres of recreation & open spaces, bike & pedestrian paths, bridges & plazas; an expansive 95,000-SF retail hub w/ shopping, dining & entertainment; 1.6 million SF of research & innovation space; hotel & conference space; & Snapdragon Stadium, a hotspot for world-class sports events & musical performances. The existing office building & 7-Eleven generate stable, near-market rents, offering a financial cushion during the permitting process. Please see the Offering Memorandum for more details & 2 pro formas of potential development scenarios. Dont miss your chance to benefit from SDSUs & the Citys major investments in the revitalization of an area with already high rental demand, which will only continue to rise. This is an asset to keep in the portfolio for generations to come!
Exterior Features

Fencing None Lot Features Level Parking Total 0 Topography Level View YN No

Property Features

Additional Parcels YN No Association Fee 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Senior Community YN No Utilities See Remarks



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-28T07:29:49.84. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
 
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CENTURY 21 Jordan-Link & Co.
2300 W. Whitendale Ave
Visalia CA, 93277
Listing Agent(s): Lauren Empey of Empey Realty (858-230-8644)