10505 & 10509 San Diego Mission Rd 434-041-06-00, San Diego, CA 92108 - Berkshire Hathaway HomeServices California Properties
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10505 & 10509 San Diego Mission Rd 434-041-06-00, San Diego, CA 92108

$7,500,000 Approx. USD 0 beds, 0 baths
51,389 sqft

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Listing Agent


Lauren J Empey
Lic#: 01924792
Broker: Courtesy of Empey Realty

Agent Remarks

Variance granted Lot/Land. Unparalleled investment opportunity at the gateway to San Diego State University's upcoming Mission Valley Campus. Capitalize on "complete communities" incentives that offer a generous FAR of 4.0 on this prime 51,389 SF site (2 parcels), allowing for approx. 200,000 SF of buildable residential space in a location on the brink of a renaissance. 1/4 mile from the forthcoming SDSU Mission Valley Campus & within the “special attention area” Trolley Station Design District under the Mission Valley Community Plan, this site offers future residents an oasis of urban living, complete w/ quality jobs, immediate access to unrivaled retail & entertainment, as well as green spaces & mobility infrastructure that encourage healthy outdoor living. The SDSU Mission Valley Campus plan includes a River Park with 80+ acres of recreation & open spaces, bike & pedestrian paths, bridges & plazas; an expansive 95,000-SF retail hub w/ shopping, dining & entertainment; 1.6 million SF of research & innovation space; hotel & conference space; & Snapdragon Stadium, a hotspot for world-class sports events & musical performances. The existing office building & 7-Eleven generate stable, near-market rents, offering a financial cushion during the permitting process. Please see the Offering Memorandum for more details & 2 pro formas of potential development scenarios. Don’t miss your chance to benefit from SDSU’s & the City’s major investments in the revitalization of an area with already high rental demand, which will only continue to rise. This is an asset to keep in the portfolio for generations to come!

Listing Details

Property type: Lot/Land (Lots/Land)
Status: ACTIVE
MLS# 230021039
List price is $7,500,000 Reduced by $2,500,000 on 11/15/2024
Price: $7,500,000
Beds: 0
Baths: 0
51,389 sqft
1.18 acres
Lot size: 1 to 2 AC
Topography: Level
County: San Diego
MLS area: MISSION VALLEY (92108)

Last Updated: 1/16/2025

 Days On Market (DOM): 590

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This listing belongs to the MISSION VALLEY (92108) MLS area

Lat/Long: 32.784372, -117.109740.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692