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Investment Highlights

  • This is one of the last large development sites remaining in Mission Valley.
  • Zoning is OR-1-1, supporting a range of professional and commercial uses.
  • Elevated topography provides sweeping panoramic views throughout the site.
  • The property totals approximately 11 acres across multiple contiguous parcels.
  • Surrounding properties consist primarily of office and hotel developments.

Executive Summary

This exciting offering represents one of the last significant development opportunities in Mission Valley (Has mission Bay Views!). The property totals Approximately 11 acres, consisting of a 9.93-acre hillside parcel plus six additional lots along Dove Street. The site is positioned behind the Legacy Center and surrounded by established hotel and office developments, reinforcing the area’s strong commercial character. Zoned OR-1-1, the property provides future buyers with a rare chance to assemble a large-scale project in a highly supply-constrained submarket. Elevated topography delivers sweeping views throughout the site, creating strong potential for a signature development. The location offers excellent proximity to major Mission Valley corridors, employment centers, and amenities. An appeal is on file for access to the bottom of the lot. Buyers are encouraged to consult directly with the City of San Diego regarding development potential and zoning change approvals. This is a unique opportunity to secure a large, well-located land assemblage in one of San Diego’s most established commercial districts Submit All Offers!

Property Facts

Price $8,000,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 11.00 AC
Zoning OR-1-1 - Will need zoning change. Ask the city about Office or Residential project feasibility.

1 Lot Available

Lot

Price $8,000,000
Price Per AC $727,272.73
Lot Size 11.00 AC

Exciting opportunity! Large hillside parcel in Mission Valley offering sweeping panoramic views including Mission Bay. Located behind the Legacy Center and surrounded by office and hotel uses. Zoned OR-1-1.

Description

Situated in the heart of Mission Valley, this expansive hillside view property encompasses Approximately 11 acres across multiple parcels. The site includes a 9.93-acre primary parcel along with six additional lots on Dove Street, providing substantial scale and flexibility for future planning. Positioned behind the Legacy Center and surrounded by hotel and office developments, the property benefits from a proven commercial environment and strong market fundamentals. Zoned OR-1-1, the land is well suited for a variety of professional and commercial uses, subject to City of San Diego regarding development potential and zoning change approvals. The elevated terrain offers sweeping views across Mission Valley, enhancing the site’s long-term development appeal. With limited remaining large parcels in the area, this property stands out as a rare opportunity to create a landmark project within one of San Diego’s most established and centrally located submarkets.

Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
444-060-03
Land Assessment
$133,305
Improvements Assessment
$0
Total Assessment
$133,305
  • Listing ID: 40059659

  • Date on Market: 4/7/2026

  • Last Updated:

  • Address: 605 Hotel Cir S, San Diego, CA 92108

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