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Market St
0.48 Acres of Residential Land Offered at $2,650,000 in San Diego, CA 92113
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $2,650,000 | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 0.48 AC |
| No. Lots | 1 | Cross Streets | 25th St |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential |
| Price | $2,650,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.48 AC |
| Cross Streets | 25th St |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $2,650,000 | Lot Size | 0.48 AC |
| Price Per AC | $5,520,833.33 |
| Price | $2,650,000 |
| Price Per AC | $5,520,833.33 |
| Lot Size | 0.48 AC |
The current zoning of the parcels is CC-3-6, which 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.
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.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $420,612 | Total Assessment | $420,612 |
PROPERTY TAXES
ZONING
| Zoning Code | CC-3-6 |
| CC-3-6 |
Presented by
Market St
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