Mohr Real Estate Group

Mohr Real Estate Group

10505 San Diego Mission Road San Diego CA 92108 MLS #230018690SD

10505 San Diego Mission Road
San Diego, CA, 92108
$7,500,000
Beds
0 Baths
0 SqFt
1.18 Acres
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$7,500,000
10505 San Diego Mission Road
San Diego, CA, 92108
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Property Description


Unparalleled investment opportunity at the gateway to San Diego State University’s upcoming Mission Valley Campus. Capitalize on “complete communities” incentives that offer a generous FAR of 4.0 on this prime 51,389 SF site (2 parcels), allowing for approx. 200,000 SF of buildable residential space in a location on the brink of a renaissance. 1/4 mile from the forthcoming SDSU Mission Valley Campus & within the “special attention area” Trolley Station Design District under the Mission Valley Community Plan, this site offers future residents an oasis of urban living, complete w/ quality jobs, immediate access to unrivaled retail & entertainment, as well as green spaces & mobility infrastructure that encourage healthy outdoor living. The SDSU Mission Valley Campus plan includes a River Park with 80+ acres of recreation & open spaces, bike & pedestrian paths, bridges & plazas; an expansive 95,000-SF retail hub w/ shopping, dining & entertainment; 1.6 million SF of research & innovation space; hotel & conference space; & Snapdragon Stadium, a hotspot for world-class sports events & musical performances. The existing office building & 7-Eleven generate stable, near-market rents, offering a financial cushion during the permitting process. Please see the Offering Memorandum for more details & 2 pro formas of potential development scenarios. Don’t miss your chance to benefit from SDSU’s & the City’s major investments in the revitalization of an area with already high rental demand, which will only continue to rise. This is an asset to keep in the portfolio for generations to come!

Property Details

Price:
$7,500,000
MLS #:
230018690SD
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
92108missionvalley
Listed Date:
Sep 22, 2023
Lot Size:
51,389 sqft / 1.18 acres (approx)
Year Built:
1973
92108 – Mission Valley92108missionvalley

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10505 San Diego Mission Road
San Diego, CA
The Mohr Real Estate Group

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