RiverEdge Mission Gorge — Sale in San Diego, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: San Diego, CA 92108
  • Year built: 1988

Photos

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Description

JLL, as exclusive advisor, is pleased to present for sale RiverEdge Mission Gorge (the “Offering” or the “Property”), a highly flexible infill development opportunity located within one of San Diego’s most established and centrally located submarkets. The Property consists of a ±9.77-gross acre site, currently improved with two existing three-story office buildings totaling approximately ±65,412 square feet. Each building comprises approximately ±32,706 square feet. The Offering presents a compelling opportunity for redevelopment, including the potential for both rental and for-sale residential product in a supply-constrained, high-barrier-to-entry location. The site is zoned RM-3-7, which permits one dwelling unit per 1,000 square feet of lot area, and also qualifies for Tier 4 under the Complete Communities Housing Solutions framework, permitting a maximum FAR of up to 4.0. This zoning profile provides significant long-term optionality for higher-density residential development, mixed-use conversion, or expansion, subject to future entitlements and approvals. In addition to its residential redevelopment potential, the Property also supports alternative execution strategies, including owner-user occupancy or acquisition by an investor seeking to reposition and lease the existing office improvements. Both buildings are currently owner-occupied by existing ownership, with no plans for a sale-leaseback upon disposition, allowing an incoming buyer immediate occupancy or the flexibility to implement a value-add office strategy.

Market Context

This land in San Diego, CA is listed for sale. The building dates to 1988. Compare it against other land listings for sale in San Diego, CA — view the full market.

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