Active
10505 & 10509 San Diego Mission Rd # 00 Unit: 434-041-06-00
Mission Valley CA, 92108
$7,500,000
$145.91 per sqft
Active
1.18 Acres
Land
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.
230021039
MLSⓇ ID
October 25, 2023
Listed
November 15, 2024
Updated
Map
10505 & 10509 San Diego Mission Rd # 00 Unit: 434-041-06-00
Mission Valley CA, 92108
Exterior/Building Features
Lot Size
1.18 Acres
Other Property Details
Area Name
Metro
Days on Market
420
Garage
No
View
No
County
San Diego
Water Source
Meter on Property
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/15/2024 | Price change | $7,500,000 -25% |
Listed by Empey Realty, Lauren J Empey,
Listing Contact: 949-433-9899
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Data last updated 8:10 PM UTC, 11/15/2024