2529 Market StSan Diego, CA 92102

Property Details for 2529 Market St

Lot size

0.48 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7117

Longitude

-117.139

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