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Market St 0.48 Acres of Residential Land Offered at £1,906,827 in San Diego, CA 92113

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INVESTMENT HIGHLIGHTS

  • CC-3-6 zoning allows for a range of commercial and residential uses
  • Infill development potential with main street frontage and potential alley access
  • Located within the Transit Priority Zone, no parking requirements
  • Located in an opportunity zone, providing benefits with a 10-year hold
  • Excellent connectivity
  • Close to Downtown, I-5,Hwy 94, and I-15

EXECUTIVE SUMMARY

Rare opportunity for a developer or investor in a rapidly evolving area, offering excellent potential for growth and return on investment.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price £1,906,827
Sale Type Investment
No. Plots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Build-to-Rent
  • Flats
Total Plot Size 0.48 ac
Cross Streets 25th St
Opportunity Zone Yes
Use Class CC-3-6

1 PLOT AVAILABLE

Plot

Price £1,906,827
Price Per ac £3,972,556.68
Total Plot Size 0.48 ac

Zoning allows for a range of commercial and residential uses under the Complete Communities Address program, with a 6.5 FAR. Located in an opportunity zone, providing benefits with a 10-year hold. Excellent infill development potential

DESCRIPTION

This site offers excellent infill development potential with main street frontage and potential alley access, enhancing its overall accessibility and appeal. Situated close to the trolley line, this property provides excellent connectivity to major job centers including Downtown, the Naval Base, and The Mesa (UCSD & UTC). Located within the Transit Priority Zone, this property benefits from no parking requirements, allowing for more flexible and cost-effective development options. Adjacent gentrifying neighborhoods enhance the potential for increased property values and vibrant community development, making this an attractive investment. Close to Downtown, I-5, and Hwy 94, and I-15, this property offers excellent commuting, accessibility, and connectivity.

Walk Score®
Excellent pedestrian access (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 535-272-10
  • 535-272-11
  • 535-272-08
  • 535-272-09
  • 535-272-12
  • 535-272-13
Land Assessment
£320,813
Improvements Assessment
£0
Total Assessment
£320,813
  • Listing ID: 32782345

  • Date on Market: 13/08/2024

  • Last Updated:

  • Address: Market St, San Diego, CA 92113

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