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1425 Market St San Diego, CA 92101

For Sale
$5,250,000

Land with potential for high-density development and panoramic views.

Lot size:
0.46 Acres

Property Features for 1425 Market St

General Information

Lot size
0.46 Acres

Source: CBRE | San Diego Agent Nate Pepper

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Residential Development Opportunity with Views

This property presents a prime residential development opportunity with unobstructed southern views of the bay and Pacific Ocean. The location is within walking distance of Petco Park and the Gaslamp District. The property has the potential for the development of a project with a FAR greater than 15.0, or the utilization of Complete Communities can unlock unlimited FAR. It offers panoramic views of downtown, Coronado Bridge, San Diego Bay, and Balboa Park. The property currently generates $250,000 in gross annual in-place income. Situated two blocks from the Park & Market Trolley Station, the property is located within a Qualified Opportunity Zone. Residents will enjoy walking distance to top retail, dining, trendy cafes, parks, and entertainment amenities. Immediate access and connectivity to major employment hubs are provided through Interstate 5, 94 Freeway, CA State Route 163, and Interstate 805 Freeways. The property has a Walk Score of 97, indicating it is a walker's paradise.
Insight Report Location Intelligence

Current Use by Public Records

Nostalgia Flowers and Gifts Florist

Suggested Use

Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.1513926
Latitude
32.7112125

FAQs

What type of property is this?
Land - Land with potential for high-density development and panoramic views.
Where is this land located?
The property is located at 1425 Market St San Diego, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: - Unobstructed Southern Views of Bay and Pacific Ocean, plus panoramic views.; - Prime Residential Development Opportunity with potential for very high FAR.; - Location in a Qualified Opportunity Zone.
More about this property
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