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    301 16Th St San Diego, CA 92101

    Sponsored
    For Sale
    $1,500,000

    Downtown San Diego development opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.5 million dollar land parcel, located at 301 16th Street in San Diego, California's vibrant East Village, presents a compelling investment prospect. Preliminary designs envision a 44-unit residential building with ground-floor commercial space. Situated in the heart of the high-rise district, this property offers unparalleled access to the area's dynamic live-work-play environment. The location boasts proximity to numerous popular destinations, including Punchbowl Social, Quartyard, Callie, Lola 55, Izola, and Cowboy Star, ensuring future residents enjoy a vibrant and convenient lifestyle. Furthermore, the property's strategic location places it within easy walking distance of key attractions such as Petco Park, the Embarcadero, the Gaslamp Quarter, the San Diego Convention Center, and the Library. With a projected cost of $300 per square foot, this site represents an exceptional entry point into this revitalized neighborhood, known for its strong vertical development potential. The zip code is 92101, and the property is classified as residential land within San Diego County. This is a rare chance to acquire a prime development site in one of San Diego's most sought-after areas. The property's address is 301 16th Street, San Diego, CA.

    Property Features for 301 16Th St

    General Information

    Property type
    Land

    HighLights

    • $1,500,000 asking price for residential land.
    • Located at 301 16th St, San Diego, CA 92101.
    • Preliminary designs show potential for a 44‑unit development with ground‑floor commercial space.
    • Exceptional location in San Diego's revitalized East Village, offering a live‑work‑play lifestyle.
    • Close proximity to numerous restaurants, entertainment venues, and cultural attractions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Advanced Auto Tech Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon 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
    -117.1491546
    Latitude
    32.7085711

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    FAQs

    What type of property is this?
    Land - Downtown San Diego development opportunity
    Where is this land located?
    The property is located at 301 16Th St San Diego, CA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for residential land.; Located at 301 16th St, San Diego, CA 92101.; Preliminary designs show potential for a 44-unit development with ground-floor commercial space.
    (619) 326-4400
    Request Owner's contact information
    301 16Th St San Diego, CA 92101
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    San Diego, CA 92101
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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
    301 16Th St San Diego, CA 92101
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