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    5150 Zion Ave San Diego, CA 92120

    For Sale
    $15,000,000

    Prime San Diego residential land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 15-million-dollar fee-simple land parcel, located at 5150 Zion Ave, San Diego, CA 92120 (APN 672-300-05-00), presents a unique development opportunity. Zoned Rm-37, this property is situated within a thriving community, offering unparalleled convenience and accessibility. The location boasts proximity to a wealth of amenities, including churches, a park, recreation center, public pool, public library, elementary/junior high school, and a shopping center—all within walking distance. Kaiser Hospital is also nearby. Ample on-street parking is available, maximizing potential unit density for future development. The seller is open to considering a long-term lease option in addition to outright sale. This property is perfectly positioned within a well-established community plan, making it an attractive investment for developers seeking a prime location with exceptional infrastructure and community support. The property is for sale by owner.

    Property Features for 5150 Zion Ave

    General Information

    Property type
    Land

    HighLights

    • Ideally situated within a thriving master‑planned community.
    • Long‑term lease options available.
    • Excellent walkability to churches, parks, recreation, a public pool, library, elementary/junior high school, and shopping.
    • Convenient proximity to Kaiser Hospital.
    • Ample on‑street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -117.0818014
    Latitude
    32.7928771

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    FAQs

    What type of property is this?
    Land - Prime San Diego residential land, ideal for development.
    Where is this land located?
    The property is located at 5150 Zion Ave San Diego, CA.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: Ideally situated within a thriving master-planned community.; Long-term lease options available.; Excellent walkability to churches, parks, recreation, a public pool, library, elementary/junior high school, and shopping.
    Request Owner's contact information
    5150 Zion Ave San Diego, CA 92120
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    San Diego, CA 92120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5150 Zion Ave San Diego, CA 92120
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