Variance granted Lot/Land. 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. Don’t miss your chance to benefit from SDSU’s &' the City’s 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!
Property Details
Price:
$7,500,000
MLS #:
230021039SD
Status:
Active
Baths:
0
Address:
10505 San Diego Mission Rd 4340410600
Type:
Land
Subdivision:
Mission Valley
Neighborhood:
92108missionvalley
City:
San Diego
Listed Date:
Sep 22, 2023
State:
CA
ZIP:
92108
Lot Size:
51,389 sqft / 1.18 acres (approx)
See this Listing
Thank you for visiting my website. I am Leanne Lager. I have been lucky enough to call north county my home for over 22 years now. Living in Carlsbad has allowed me to live the lifestyle of my dreams. I graduated CSUSM with a degree in Communications which has allowed me to utilize my passion for both working with people and real estate. I am motivated by connecting my clients with the lifestyle of their dreams. I joined Turner Real Estate based in beautiful downtown Carlsbad Village and found …
More About LeanneMortgage Calculator
Schools
Interior
Exterior
Fencing
None
Financial
Association Fee
0.00
Utilities
See Remarks
Map
Community
- Address10505 San Diego Mission Rd 4340410600 San Diego CA
- Area92108 – Mission Valley
- SubdivisionMission Valley
- CitySan Diego
- CountySan Diego
- Zip Code92108
Similar Listings Nearby
Courtesy of Empey Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Leanne include the name of the listing broker. Neither the listing company nor Leanne shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
10505 San Diego Mission Rd 4340410600
San Diego, CA
LIGHTBOX-IMAGES