For Sale
$2,650,000

2529 Market StSan Diego, CA 92102

0.48 Acres, Mixed-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.48-acre land parcel, located at 2529 Market St, San Diego, CA 92102 (APN 535-272-08,09,10,11,12,13), presents a unique opportunity for mixed-use development. Zoned CC-3-6 under the Complete Communities program, it offers a 6.5 FAR, allowing for a range of commercial and residential uses. Its prime location within an Opportunity Zone provides significant tax advantages with a 10-year hold. The property boasts excellent infill development potential, featuring main street frontage and potential alley access, enhancing accessibility. Its proximity to the trolley line ensures convenient connectivity to major employment centers, including Downtown San Diego, the Naval Base, and the Mesa (UCSD & UTC). Situated in a Transit Priority Zone, the property benefits from zero parking requirements, leading to more flexible and cost-effective development. Surrounded by gentrifying neighborhoods, this site offers strong potential for future property value appreciation. Furthermore, its strategic location near Downtown, I-5, Hwy 94, and I-15 provides unparalleled access and connectivity. The asking price is $2,650,000. This is an exceptional investment opportunity for developers seeking a high-potential project in a rapidly growing area.

Highlights

  • $2,650,000 asking price for 0.48 acres of land.
  • Located in San Diego, CA (APN: 535-272-08,09,10,11,12,13) at 2529 Market St, 92102.
  • CC-3-6 zoning allows for mixed-use development with a 6.5 FAR under the Complete Communities program.
  • Situated in an Opportunity Zone, offering potential tax benefits with a 10-year hold.
  • Excellent infill development potential with main street frontage and potential alley access.
  • Close proximity to the trolley line, providing easy access to Downtown, Naval Base, and UCSD/UTC.

Property Details for 2529 Market St

Property type
Land
Lot Size (sq. ft)
20,909 SF

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.711667206792
Longitude
-117.13916905213
2529 Market St, San Diego, California

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2529 Market St
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