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
MLS #:
PTP2406048
Status:
Active
Baths:
0
Address:
2547 Commercial Street 5356703000
Type:
Land
Neighborhood:
92113loganheights
City:
San Diego
Listed Date:
Aug 5, 2024
State:
CA
ZIP:
92113
Lot Size:
5,146 sqft / 0.12 acres (approx)
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights, Urban, Biking
Lot Features
Level with Street, Level, Near Public Transit, Over 40 Units/ Acre, Park Nearby, Tear Down, Value In Land
View
Bay, Bridge(s), City Lights, See Remarks
Financial
Association Fee
0.00
Map
Community
- Address2547 Commercial Street 5356703000 San Diego CA
- Area92113 – Logan Heights
- CitySan Diego
- CountySan Diego
- Zip Code92113
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Courtesy of Big Block Realty, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2547 Commercial Street 5356703000
San Diego, CA
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