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Commercial Land with Granted Variance
For Sale
$7,500,000

10505-10509 San Diego Mission Road Unit 4340410600, San Diego, CA 92108

Two-parcel commercial land site with an existing office building and 7-Eleven, positioned within the Mission Valley Community Plan area.

Property Size51,389 SF
Price / SF$145.95
Days on Market1108

Property Features for 10505-10509 San Diego Mission Road Unit 4340410600

General Information

Standard status Active
Size 51,389 SF
Property subtype Lot/Land / Lots/Land

Amenities

0.0
N/K
Listing Agency: Empey Realty
Listed By: Lauren J Empey · License #01924792
Source: Compass
Added: Aug 19, 2023 Changed: Aug 30 Last Checked: Aug 30 at 7:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Empey Realty

Investment Insights

Based on property information with market context.

This two-parcel commercial land site totals 51,389 SF and has a granted variance. The property carries a 4.0 FAR and is identified for approximately 200,000 SF of buildable residential space. An existing office building and 7-Eleven are also located on the site and generate rent during the permitting process.

The property is 1/4 mile from the forthcoming San Diego State University Mission Valley Campus and lies within the special attention area of the Trolley Station Design District under the Mission Valley Community Plan. Planned campus components described in the source include an 80+ acre River Park, 95,000-SF retail hub, 1.6 million SF of research and innovation space, hotel and conference facilities, and Snapdragon Stadium. The site address is 10505-10509 San Diego Mission Road, San Diego, CA 92108.

Key Highlights

  • 51,389 SF site comprising 2 parcels
  • Granted variance with 4.0 FAR
  • Approximately 200,000 SF of buildable residential space

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Tanning Salon Catering Service Restaurant Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,735
Businesses Nearby

Demographics for 92108, CA

24,266
Population
14,072
Households
1.7
Avg Household Size
35
Median Age
58%
College-Educated
97%
High-School Grad
4.4 sq mi
ZIP Area
5,515
Density / Sq Mi
$101,704
Median Household Income
$63,136
Median Earnings
$2,731
Median Rent
$606,600
Median Home Value

Market

Vacancy Rate% for Office in San Diego, CA

12% 2019
15.6% 2020
14% 2021
13.3% 2022
14.5% 2023
14.6% 2024
14.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-parcel commercial land site with an existing office building and 7-Eleven, positioned within the Mission Valley Community Plan area.
Where is this commercial land located?
The property is located at 10505-10509 San Diego Mission Road Unit 4340410600 San Diego, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 51,389 SF site comprising 2 parcels; Granted variance with 4.0 FAR; Approximately 200,000 SF of buildable residential space
More about this property
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