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1425-1433 Market St - Market St. Development 0.46 Acres of Commercial Land Offered at $7,328,580 CAD in San Diego, CA 92101
INVESTMENT HIGHLIGHTS
- +/- 20,037 SF Lot Near Petco Park & East Village Redevelopment
- Panoramaic Views of Downtown, San Diego Bay and Coronado Bridge
- Approx. $250,000 Gross Annual In-Place Income
- Up to Maximum 15 FAR w/ Bonuses, Unlimited FAR w/ Complete Communities
- Two Blocks from Park & Market St Trolley Station
- Walking Distance to Numerous Amenities Including Petco Park, The Gaslamp, Convention Center and Numerous Bars and Restaurants
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the 14th & Market Development site in Downtown San Diego’s East Village Submarket located at 1425 Market Street. The +/- 20,037 Square Foot covered land site offers an exceptional opportunity for the development of an institutional quality Class A mixed-use residential property in one of San Diego’s leading downtown neighborhoods. The site's advantageous zoning allows for the development of a mixed-use project with up to a 15.0 floor area ratio (FAR) through base zoning and density bonuses, or a developer could unlock an unlimited FAR through the utilization of San Diego’s Complete Communities Housing Solutions.
PROPERTY FACTS
| Price | $7,328,580 CAD | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 0.46 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | CCPD-NC | ||
| Price | $7,328,580 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.46 AC |
| No. Stories | 2 |
| Opportunity Zone |
Yes |
| Zoning | CCPD-NC |
1 LOT AVAILABLE
Lot
| Price | $7,328,580 CAD | Lot Size | 0.46 AC |
| Price Per AC | $15,931,696.09 CAD |
| Price | $7,328,580 CAD |
| Price Per AC | $15,931,696.09 CAD |
| Lot Size | 0.46 AC |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $7,511,711 CAD | Total Assessment | $7,511,711 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,511,711 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,511,711 CAD
AMENITIES
- Utilities
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1425-1433 Market St - Market St. Development
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