Active

10505 & 10509 San Diego Mission Road

Mission Valley CA, 92108

$10,000,000


$767.05 per sqft

Active

13,037 sqft

Commercial

Built in 1973

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!

230018690

MLS ID

September 23, 2023

Listed

October 2, 2024

Updated

Map

10505 & 10509 San Diego Mission Road
Mission Valley CA, 92108

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Gas


Heating

No

Exterior/Building Features

Lot Size

1.18 Acres

Other Property Details

Area Name

Metro


Days on Market

300


Garage

No


View

No


County

San Diego


Pool

No

Listed by Empey Realty, Lauren J Empey,
Listing Contact: 949-433-9899 

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