$2,000,000

Excellent 27,007 sq.ft. corner lot on vibrant E. 8th Street in National City. In an Opportunity Zone, making it eligible for preferential tax treatment. E. 8th Street experiences significant traffic volume, at 13,000-14,600 Average Daily Traffic. National City is a dynamic and vibrant community, just five miles from Downtown San Diego, allowing residents to escape from fast-moving city life. The site is centrally located just two blocks from I-805, on East 8th Street, providing future residents with significant connectivity to the entire San Diego MSA. The Site presents a developer the opportunity to capitalize on San Diego's outward expansion, by providing rental housing in a supply constrained environment. 1540 E 8th Street is in the MXC-2 (Major Mixed-Use Corridor) zone, which supports the creation of mixed-use corridors that function as important activity centers within the community. Development in the zone is intended to create vibrant places at an urban scale. Buildings in the zone are built to the property lines to create a clearly defined street edge with building frontages that are active and inviting for pedestrians. For more information, contact John Chu: (619) 990-5200, john.chu@berkadia.com