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8808 Rio San Diego Dr, San Diego, CA 8810 Rio San Diego Dr, San Diego, CA
Rio San Diego
Asset ClassMultifamily, Land, Senior Housing, Special Purpose
Land6.98 Acres
A Residential Redevelopment Opportunity
overview of deal

Overview

Situated 1/4 mile from mass transit rail and retail, the site will also have connectivity to landmark redevelopments SDSU West and Riverwalk. The nearly 7 acre property will be delivered vacant in early 2025, giving buyers time to pursue a project and close over a longer period of time. Currently the site is situated with two office buildings for a total of 144,327 SF. The property could be rehabbed, re-used, or redeveloped.If the site is to be redeveloped, the project would likely benefit from being deemed a "by-right", Process I, development. The project could be fitted with either a 176 unit for-sale project or two 5-story wrap buildings that could be built in phases or all at once. Either project would help to further alleviate the structural housing deficit that San Diego continues to face.

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8808 Rio San Diego DrSan Diego, CA 92108
Snapdragon Stadium
Fashion Valley Mall
San Diego State University
Mission Bay
Mission Beach

Sales Team

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Listing provided by Revere CRE