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Mission Hills Development Opportunity

3051-3069 Reynard Way
San Diego, CA 92103
Availability: Price:$2,000,000 Size:12,707 SF
Shipping: Marcus & Millichap is pleased to present 3051-3069 Reynard Way, a 12,707 SF development offering in the Uptown / Mission Hills Neighborhood of San Diego.
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Description





Agents

BEN TASHAKORIAN | SENIOR MANAGING DIRECTOR INVESTMENTS


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

Description

Marcus & Millichap is pleased to present 3051-3069 Reynard Way, a 12,707 SF development offering in the Uptown / Mission Hills Neighborhood of San Diego. The offering is home to three retail and industrial properties totaling 2,500 SF. The lot is currently zoned MCCD-CL-5 but may soon be changed to CN-1-4, allowing for more density and an increased height limit, making this location prime for redevelopment. With the move to CN-1-4, the Max FAR will be increased from 1.0 to 2.2, height limit will go from 30’ to 65’ and residential density will be increased from 1 unit per 1,500 SF to 1 unit per 1,000 SF. The property is strategically located south of Hillcrest, west of Park West, north of Little Italy, east of the Airport minutes to Downtown. Reynard Way connects University Avenue to W Laurel and the 5 Freeway and is home to many single-family residences but no retail.
Mission Hills is an upscale affluent neighborhood of San Diego, California, USA. It is located on hills just south of the San Diego River valley and north of downtown San Diego, overlooking Old Town, Downtown San Diego, and San Diego Bay. It was subdivided on January 20, 1908 as a smaller portion of what is now referred to as Mission Hills.

Features

  • Land Development Offering in Mission Hills / Uptown
  • 12,707 SF on a Corner Lot
  • Zoned for 13 Units with Bottom Floor Retail
  • Conveniently Located Between Hillcrest and Little Italy

Price

$2,000,000

Land SF

12,707

Max FAR

2.2

Max Units

13

Height Limit

65'

Details

  • 22932220
  • Office
  • Price:$2,000,000 Size:12,707 SF
  • New

Shipping Information

  • Item Requires Shipping
  • Marcus & Millichap is pleased to present 3051-3069 Reynard Way, a 12,707 SF development offering in the Uptown / Mission Hills Neighborhood of San Diego.

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