Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email ryan@robconrealty.com for the marketing packet that provides more details and photos of designs rendered in 2023. No showings until listing is active but offers will be considered. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU - More units can (and should) be explored -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks
MLS #
CRNDP2407849
MLS Source
California Regional MLS
Days on Site
88
Lot Description
Corners Marked
Water
Other
HOA Fee
$0
Zoning
CD, LY
5488 New Mills Rd is in San Diego, CA 92115. This Land is currently priced at $1,049,000.
This address can also be written as 5488 New Mills Rd, San Diego, CA 92115.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 19, 2024. For the most current information, please contact Jeffrey Hawkins, (760) 822-5384