1013 Morena Blvd - Freestanding FOR SALE


San Diego, CA 92110- Morena
$6,750,000 USD
858-373-3176
1013 Morena Blvd, San Diego, CA for Sale
$6,750,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

1013 Morena Blvd
San Diego, CA 92110
Morena


OVERVIEW

Prime Morena Station District redevelopment opportunity within San Diego’s Morena Corridor Specific Plan. ±26,571 SF / 0.61 AC infill site with approximately 75 feet of frontage on Morena Blvd. Complete Communities Tier 3–4 upside, supporting potential 4.0 FAR and a substantially larger development envelope. Potential for up to 104,648 GSF and up to 114 residential units, subject to final design and City review. Existing ±7,400 SF building generates approximately $198,000 in annual income, providing interim cash flow while redevelopment plans are evaluated. Phase I, Phase II, and feasibility study available upon request, offering buyers additional diligence support upfront.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$909 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C-1

APN/PARCEL ID

436-330-32

ASK ABOUT THIS PROPERTY

Ben TashakorianMarcus & MillichapMore Info
858-373-3176

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Ben TashakorianMarcus & MillichapMore Info
858-373-3176

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.