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1540 E 8th St
National City, CA 91950
8th Street Development Site · Land For Sale
·
0.62 AC
INVESTMENT HIGHLIGHTS
- A +/- 0.62-AC Multifamily Development Opportunity
- Planned for a 71-Unit Multifamily Site
- Only 5 Miles from Downtown San Diego
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.62 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | MXC-2 - Major Mixed-Use Corridor (MXC-2) | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.62 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | MXC-2 - Major Mixed-Use Corridor (MXC-2) |
1 LOT AVAILABLE
Lot
| Lot Size | 0.62 AC |
| Lot Size | 0.62 AC |
DESCRIPTION
Northmarq is pleased to present 8th Street Development Site, a +/- 0.62-acre 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 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 TAXES
| Parcel Numbers | Improvements Assessment | $1,304 | |
| Land Assessment | $1,044,195 | Total Assessment | $1,045,499 |
PROPERTY TAXES
