RiverEdge Mission Gorge_Propiedad en venta
RiverEdge Mission Gorge_Propiedad en venta

RiverEdge Mission Gorge

10990 San Diego Mission Road, San Diego, CA, 92108, US

Descripción

JLL, as exclusive advisor, is pleased to present for sale RiverEdge Mission Gorge (the “Offering” or the “Property”), a highly flexible infill development opportunity located within one of San Diego’s most established and centrally located submarkets. The Property consists of a ±9.77-gross acre site, currently improved with two existing three-story office buildings totaling approximately ±65,412 square feet. Each building comprises approximately ±32,706 square feet.


The Offering presents a compelling opportunity for redevelopment, including the potential for both rental and for-sale residential product in a supply-constrained, high-barrier-to-entry location. The site is zoned RM-3-7, which permits one dwelling unit per 1,000 square feet of lot area, and also qualifies for Tier 4 under the Complete Communities Housing Solutions framework, permitting a maximum FAR of up to 4.0. This zoning profile provides significant long-term optionality for higher-density residential development, mixed-use conversion, or expansion, subject to future entitlements and approvals.


In addition to its residential redevelopment potential, the Property also supports alternative execution strategies, including owner-user occupancy or acquisition by an investor seeking to reposition and lease the existing office improvements. Both buildings are currently owner-occupied by existing ownership, with no plans for a sale-leaseback upon disposition, allowing an incoming buyer immediate occupancy or the flexibility to implement a value-add office strategy.

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Atributos

Superficie bruta del terreno
3,95 ha
Zonificación
RM-3-7 | Complete Communities Tier 4; 4.0 FAR
Superficie neta construida
6077 m²
Edificios
2
Año de construcción
1988

Media

Aspectos destacados de la inversión

  1. By-Right Zoning with Long-Term Redevelopment Optionality: RM-3-7 zoning (one unit per 1,000 SF of lot area)
  2. Complete Communities: Tier 4 zoning with 4.0 FAR offers exceptional redevelopment potential
  3. Immediate Availability: 100% vacant, enabling swift owner-user occupancy or redevelopment
  4. Mission Valley Transformation Underway: More than ±$10B of investment across SDSU Mission Valley, Riverwalk, Fashion Valley, Mission Valley Center, and Civita continues to reshape the submarket
  5. Supply-Constrained Office Submarket with Improving Fundamentals: Mission Valley saw 785k SF of Positive Absorption in 2025 with Vacancy compressing ~2% YOY
  6. Exceptional Regional Connectivity & Central Access: Centrally positioned in San Diego with superior regional access and connectivity
RiverEdge Mission Gorge 4_Propiedad en venta
RiverEdge Mission Gorge 4_Propiedad en venta

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Última actualización Aug 5, 2026