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Investment Highlights
- Rare Urban Infill Site – ±8,754 SF retail building on a 16,403 SF corner lot.
- Prime Location – High-visibility corner at Park Blvd & Robinson Avenue.
- Amenity-Rich Neighborhood – Walkable dining, retail, and entertainment support premium rents.
- Tier 3 Complete Communities Zoning – Unlimited density, 6.5 FAR, up to 106,600 buildable SF.
- Strong Multifamily Market – Proven occupancy, rent growth, and renter demand.
- Compelling Demographics – Popular with young professionals and long-term urban residents.
Executive Summary
The Totah Group of Marcus & Millichap is pleased to present a rare 16,403 square foot development site at the corner of Park Boulevard and Robinson Avenue.
The corner location offers dual frontage on two major corridors in a walkable, transit-rich neighborhood with an established base of retail, dining, and nightlife. Ground-floor commercial along Park Boulevard puts retail space in front of heavy daily foot and vehicle traffic, while the surrounding residential demand provides a built-in renter base with proven rent growth.
The property generates income from two tenants in place, helping offset carrying costs during entitlement and design. One tenant operates under an existing lease, while the other is open to negotiating a short-term leaseback. Contact the listing agents for details.
The corner location offers dual frontage on two major corridors in a walkable, transit-rich neighborhood with an established base of retail, dining, and nightlife. Ground-floor commercial along Park Boulevard puts retail space in front of heavy daily foot and vehicle traffic, while the surrounding residential demand provides a built-in renter base with proven rent growth.
The property generates income from two tenants in place, helping offset carrying costs during entitlement and design. One tenant operates under an existing lease, while the other is open to negotiating a short-term leaseback. Contact the listing agents for details.
Property Facts
| Price | $5,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.38 AC |
| Zoning | CC-3-6 - Commercial | ||
| Price | $5,000,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.38 AC |
| Zoning | CC-3-6 - Commercial |
1 Lot Available
Lot
| Price | $5,000,000 | Lot Size | 0.38 AC |
| Price Per AC | $13,278,061.19 |
| Price | $5,000,000 |
| Price Per AC | $13,278,061.19 |
| Lot Size | 0.38 AC |
The site sits within Tier 3 of the City of San Diego’s Complete Communities program, carrying a 6.5 FAR that supports approximately 106,600 square feet of buildable area: yield driven by FAR and design rather than a density cap.
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Very walkable
80/100
Very drivable
80/100
Good public transit
60/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 452-201-10 | Improvements Assessment | $243,601 |
| Land Assessment | $535,163 | Total Assessment | $778,764 |
Property Taxes
Parcel Number
452-201-10
Land Assessment
$535,163
Improvements Assessment
$243,601
Total Assessment
$778,764
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