10505 & 10509 San Diego Mission Rd 434-041-06-00, MISSION VALLEY
MISSION VALLEY Home For Sale
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.
Property Details
Additional Information
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- City:
- MISSION VALLEY
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- County:
- San Diego
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- Zip:
- 92108
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- MLS® #:
- 230021039
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- Square Ft:
- 51,389
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- Lot Size:
- 1.18
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- Neighborhood:
- MISSION VALLEY (92108)
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Listing information last updated on August 23rd, 2024 at 8:00pm PDT.