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1540 E 8th St - 8th Street Development Site

0.62 Acres of Commercial Land in National City, CA 91950

Investment Highlights

  • A +/- 0.62-Acre Podium Multifamily Development Opportunity
  • Planned for a 71-Unit Podium Multifamily Site
  • Only 5 Miles from Downtown San Diego

Executive Summary

Northmarq is pleased to present 8th Street Development Site, a +/- 0.62-acre Podium Multifamily Development Site in National City, CA. National City is a dynamic and vibrant community, just five miles from downtown San Diego, allowing residents to escape from fastmoving city life. The Site is centrally located just two blocks from Interstate 805, on East 8th Street, providing future residents with significant connectivity to the entire San Diego MSA. By utilizing the Affordable Housing Density Bonus, 8th Street Development Site is planned for a 71 unit podium multifamily development. The Site presents a developer the opportunity to capitalize on San Diego’s outward expansion, by providing rental housing in a supply constrained environment.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.62 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 0.62 AC
Walk Score ®
Very Walkable (85)
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
  • 557-180-09
  • 557-180-11
Land Assessment
$1,023,722
Improvements Assessment
$1,279
Total Assessment
$1,025,001

zoning

Zoning Code MXC-2 (Major Mixed-Use Corridor (MXC-2))
MXC-2 (Major Mixed-Use Corridor (MXC-2))
  • Listing ID: 31194848

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 1540 E 8th St, National City, CA 91950

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