2607 1St St San Diego, CA 92103
This exceptional 0.13-acre commercial land parcel presents a unique investment opportunity in San Diego's thriving Bankers Hill neighborhood. Located just five blocks from Balboa Park, this property boasts a prime corner location at 2607 1st Street, zip code 92103, offering unparalleled visibility and accessibility. Previously utilized as a dental office, the versatile space is well-suited for a variety of commercial uses, including office space, retail establishments, or even a café. The property benefits from its proximity to major freeways, the airport, and downtown San Diego, ensuring convenient access for employees and customers. A significant advantage is the ongoing development directly across the street – a 10-story building under construction – which promises increased foot traffic and enhanced visibility for future tenants. Bankers Hill is experiencing a period of substantial growth, with numerous ongoing developments reshaping the area's skyline and attracting significant investment. The property's strategic location at the intersection of Maple and 1st Street provides easy access for both commercial and residential occupants. Furthermore, the property includes four fully renovated residential units, presenting the potential for mixed-use development. The asking price for this exceptional property is $5,250.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.