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4411-4421 Park Blvd - Adaptive Reuse, Redevelopment or Value Add

0.1 - 0.11 Acre Commercial Land Lots Offered at £4,917,101 Per Lot in San Diego, CA 92116

INVESTMENT HIGHLIGHTS

  • Value Add, Adaptive Reuse or Redevelopment Opportunity with Below Market Rents
  • Complete Communities Tier 2 (8.0 FAR) Transit Priority Area (TPA), Sustainable Development Area (SDA)
  • 17,800sf Mixed Use Building (Retail, Office, Manufacturing with one Residential Unit) and 1,900sf Triplex in the back- 3 Parcels of .31 AC
  • Prime University Heights location along the Park Blvd Business District Corridor

EXECUTIVE SUMMARY

Adaptive Reuse, Value Add Mixed Use or Redevelopment Site in Prime University Heights Location.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income £128,645 £408,786.93

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual -
Annual Per AC -
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual -
Annual Per AC -
Net Operating Income
Annual £128,645
Annual Per AC £408,786.93

PROPERTY FACTS

Price £4,917,101
Sale Type Investment
Sale Conditions
1031 Exchange
  • Portfolio Sale
  • Development Sale
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Storefront, Retail or Office
Total Lot Size 0.31 AC

3 LOTS AVAILABLE

Lot 10

Price £4,917,101
Price Per AC £45,111,432.86
Lot Size 0.11 AC

Existing 18,000 sf mixed use building with Park Blvd frontage

Lot 11

Lot Size 0.11 AC

Existing 17,800 sf mixed use building with Park Blvd frontage.

Lot 13

Lot Size 0.10 AC

Parcel is located in the back of the site with frontage on Mission Avenue and contains a 3 unit multi family building.

Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 445-211-11
  • 445-211-13
  • 445-211-10
Land Assessment
£81,343
Improvements Assessment
£329,612
Total Assessment
£410,955

ZONING

Zoning Code CN 1-3 (Multi-Family & Commercial)
CN 1-3 (Multi-Family & Commercial)
  • Listing ID: 33744425

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 4411-4421 Park Blvd, San Diego, CA 92116

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