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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 offering represents one of the last significant development opportunities in Mission Valley. 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. Buyers are encouraged to consult directly with the City of San Diego regarding development potential and allowable uses. This is a unique opportunity to secure a large, well-located land assemblage in one of San Diego’s most established commercial districts. $16-20M

Property Facts

Price $27,681,401 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 11.00 AC
Zoning OR-1-1 - Office-Residential

1 Lot Available

Lot

Price $27,681,401 CAD
Price Per AC $2,516,490.98 CAD
Lot Size 11.00 AC

Large hillside parcel in Mission Valley offering sweeping panoramic views. Located behind the Legacy Center and surrounded by office and hotel uses. Zoned OR-1-1. $16-20M

Description

Situated in the heart of Mission Valley, this expansive hillside property encompasses approximately 11 acres across multiple contiguous 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 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
$184,503 CAD
Improvements Assessment
$0 CAD
Total Assessment
$184,503 CAD
  • Listing ID: 40059659

  • Date on Market: 2026-04-07

  • Last Updated:

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

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