Mira Mesa Blvd blvd @ Flanders Drive - Residential LAND FOR SALE
San Diego, CA 92121- Fenton Carroll Canyon | 337,590 SF
858-546-5414
Mira Mesa Blvd blvd @ Flanders Drive
San Diego, CA 92121
Fenton Carroll Canyon
HIGHLIGHTS
- Supply Constraints: No new residential product has been delivered in Sorrento Mesa in over 30 years, highlighting a significant supply constraint.
- Limited Pipeline: Few new townhomes or multifamily projects reinforce scarcity-driven value.
- High Pricing Benchmarks: Attached product sales are trending at approximately $850 PSF in Carmel Valley, $1,000 PSF in Del Mar, $700 PSF at 3 Roots,
- Tight Rental Market: Multifamily vacancy remains minimal, underscoring strong, sustained demand.
- Life Science Anchor: One of the nation’s strongest life science and tech hubs continues to drive long-term housing demand and economic resilience.
OVERVIEW
With a clear path to development with “by right” zoning, The Mesa offers an opportunity to develop townhomes and/or multifamily in one of the top life science and tech districts in the County. This 7.75-acre property is steps away from Google, Meta, Qualcomm, Dexcom, and Helogic, with over 8.5 million SF of life science space driving demand.
FOR SALE DETAILS
PRICE
Request Info for Price
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
The Mesa
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Residential
LAND PROPOSED USE
Multi-Family, Apartment Units - Condo
LAND ACRES
7.75 AC
LAND SF
337,590 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
EMX-1
APN/PARCEL ID
341-341-01,341-361-05,341-361-06,341-361-07,341-361-42
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858-546-5414
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858-546-5414
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