Listing by: Frank Karako, Big Block Realty, Inc, frank@karakogroup.com
0 Beds
n/a Full bath
n/a SqFt
Active
Leverage San Diego’s Complete Communities Plan for up to 6.5 FAR on this 5,146 square foot urban infill development site. Potential to build 35 or 49 units in a 55’ 5-story or 85’ 7-story multifamily building with up to 33,449 gross SF. Benefit from relaxed parking requirements and more design flexibility due to the site’s location in a Transit Priority Area. Lucrative CN-1-4 zoning offers the potential for commercial and mixed use. Located just east of Downtown San Diego in the Logan Heights neighborhood, the site is conveniently located next to the MTS Trolley Orange Line allowing easy transportation to employment centers across the region. The location of the site within an Opportunity Zone may allow developer to utilize incentives including capital gains tax breaks. Property currently has a small office building and lot is being used as small repairs for autos.
Property Details | ||
---|---|---|
Price | $1,500,000 | |
Lot Size Area | 5146 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1181 | |
Property Type | Land | |
Exterior Features | Curbs,Sidewalks,Storm Drains,Street Lights,Urban,Biking | |
View | Bay,Bridge(s),City Lights,See Remarks | |
Lot Description | Level with Street,Level,Near Public Transit,Over 40 Units/Acre,Park Nearby,Tear Down,Value In Land | |
Association Fee | 0 | |
Geographic Data | ||
Directions | From the 5 fwy, exit Cesar Chavez, Merge onto Kearney Ave, Turn right onto Cesar E. Chavez Pkwy, Slight right onto Commercial St. | |
County | San Diego | |
Latitude | 32.705 | |
Longitude | -117.138997 | |
Market Area | 92113 - Logan Heights | |
Address Information | ||
Address | 2547 Commercial Street, San Diego, CA 92113 | |
Postal Code | 92113 | |
City | San Diego | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Big Block Realty, Inc | |
Listing Agent | Frank Karako | |
Listing Agent Phone | frank@karakogroup.com | |
Attribution Contact | frank@karakogroup.com | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Virtual Tour URL | https://www.propertypanorama.com/instaview/crmls/PTP2406048 | |
MLS Information | ||
Days on market | 0 | |
MLS Status | Active | |
Listing Date | Oct 2, 2024 | |
Listing Last Modified | Oct 2, 2024 | |
Tax ID | 5356703000 | |
MLS Area | 92113 - Logan Heights | |
MLS # | PTP2406048 |
This information is believed to be accurate, but without any warranty.