10505 & 10509 San Diego Mission Road San Diego, CA $ 7,500,000
10505 & 10509 San Diego Mission Road
$ 7,500,000
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10505 & 10509 San Diego Mission Road

San Diego, CA, 92108
$ 7,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 46,790

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Commercial Property for sale in San Diego, CA

for $7,500,000. This building was built in 1973 on a lot size of 1.17973.

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!

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Commercial Active

Price

$ 7,500,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial-Off/Rtl/Ind

Lot Size

1.17973

Year Built

1973

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

230018690

Features
General
Cooling Central Forced Air Gas
Year Built 1973
Stories Count 2
Property Subtype Commercial-Off/Rtl/Ind
County San Diego
Operating Expense 141593.0
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Status ACTIVE
City San Diego
Senior Community Y/N N
Number Of Units Total 13
MLS Area Metro
Lot Size Units Acres
Lot Size Square Feet 51389.0
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/230018690
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Freehold IDX
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Exterior
Lot Size Area 1.18
Number of Buildings 2
Building Area Total 13037.0
Waterfront Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 0
Total Baths 0
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* Excluded Features
List By
Lauren J Empey

Listing Agent

Empey Realty

Broker

(949) 433-9899

Phone

Affordability Calculator

$46,790
Per Month
100%
0%
0%
Monthly Principal & Interest
$46,790
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2024$7,500,000 -25.00% Price Down
9/23/2023$10,000,000 Listed Price

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10505 & 10509 San Diego Mission Road, San Diego, CA, 92108 is a Commercial Property for sale at $7,500,000 with a lot size of 1.17973. 10505 & 10509 San Diego Mission Road was built in 1973. The property's zip code is 92108 which is in San Diego, CA