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Market St 0.48 Acres of Residential Land Offered at $2,550,000 in San Diego, CA 92113
Investment Highlights
- This site offers excellent infill development potential with main street frontage and potential alley access
- Located within the Transit Priority Zone, this property benefits from no parking requirements, allowing for more flexible development options
- Adjacent gentrifying neighborhoods enhance the potential for increased property values and vibrant community development
- Situated close to the trolley line, this property provides excellent connectivity to major job centers
- Located in an opportunity zone, providing benefits with a 10-year hold
- Close to Downtown, I-5, and Hwy 94, and I-15, this property offers excellent commuting, accessibility, and connectivity
Executive Summary
This infill development site, situated within an opportunity zone, features main street and potential alley access and is conveniently located close to the trolley line, granting easy access to major job centers such as Downtown, the Naval Base, and The Mesa (UCSD & UTC). The site is also within the Transit Priority Zone, eliminating parking requirements, and is adjacent to neighborhoods that are undergoing significant transition and gentrification.
Market & 25th is compromised of six parcels and situated in a mixed-use commercial zone allowing multi-family residential development over ground floor commercial spaces.
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- Offering Memorandum
Property Facts
1 Lot Available
Lot
| Price | $2,550,000 | Lot Size | 0.48 AC |
| Price Per AC | $5,312,500.00 |
| Price | $2,550,000 |
| Price Per AC | $5,312,500.00 |
| Lot Size | 0.48 AC |
Market & 25th is a rare six-parcel development opportunity in a rapidly evolving neighborhood. Zoned for mixed-use commercial, the site allows multi-family residential above ground-floor commercial, offering strong growth and investment potential.
Description
This site offers excellent infill development potential with main street frontage and potential alley access, enhancing its overall accessibility and appeal Situated close to the trolley line, this property provides excellent connectivity to major job centers including Downtown, the Naval Base, and The Mesa (UCSD & UTC) Located within the Transit Priority Zone, this property benefits from no parking requirements, allowing for more flexible and cost-effective development options Located in an opportunity zone, providing benefits with a 10-year hold Adjacent gentrifying neighborhoods enhance the potential for increased property values and vibrant community development, making this an attractive investment Close to Downtown, I-5, and Hwy 94, and I-15, this property offers excellent commuting, accessibility, and connectivity
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $429,023 | Total Assessment | $429,023 |
Property Taxes
Presented by
Market St
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