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1425-1433 Market St - Market St. Development 0.46 Acres of Commercial Land Offered at $4,250,000 in San Diego, CA 92101
Investment Highlights
- +/- 20,037 SF Lot Near Petco Park & East Village Redevelopment
- Panoramaic Views of Downtown, San Diego Bay and Coronado Bridge
- Approx. $250,000 Gross Annual In-Place Income
- Up to Maximum 15 FAR w/ Bonuses, Unlimited FAR w/ Complete Communities
- Two Blocks from Park & Market St Trolley Station
- Walking Distance to Numerous Amenities Including Petco Park, The Gaslamp, Convention Center and Numerous Bars and Restaurants
Executive Summary
$800,000 Price Reduction. Now Offered at $4,250,000/$212.10 PSF. CBRE is pleased to offer for sale the 14th & Market Development site in Downtown San Diego’s East Village Submarket located at 1425 Market Street. The +/- 20,037 Square Foot covered land site offers an exceptional opportunity for the development of an institutional quality Class A mixed-use residential property in one of San Diego’s leading downtown neighborhoods. The site's advantageous zoning allows for the development of a mixed-use project with up to a 15.0 floor area ratio (FAR) through base zoning and density bonuses, or a developer could unlock an unlimited FAR through the utilization of San Diego’s Complete Communities Housing Solutions.
Property Facts
1 Lot Available
Lot
| Price | $4,250,000 | Lot Size | 0.46 AC |
| Price Per AC | $9,239,130.43 |
| Price | $4,250,000 |
| Price Per AC | $9,239,130.43 |
| Lot Size | 0.46 AC |
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $5,329,382 | Total Assessment | $5,329,382 |
Property Taxes
Parcel Numbers
Land Assessment
$5,329,382
Improvements Assessment
$0
Total Assessment
$5,329,382
Amenities
- Utilities
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1425-1433 Market St - Market St. Development
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