COMMERCIAL INVESTMENT & MIXED-USE DEVELOPMENT OPPORTUNITY

National City, California | $950,000

Rare infill development opportunity featuring an existing commercial building, MXC-1 zoning, and potential HNC density bonus benefits.

PROPERTY OVERVIEW

Opportunity to acquire an approximately 4,543 SF commercial parcel in an established National City location, improved with an approximately 1,020 SF commercial building.

Located along E 18th Street, the property is situated within the City’s MXC-1 — Minor Mixed-Use Corridor zoning district, offering a combination of existing commercial utility and potential future redevelopment opportunities.

KEY PROPERTY HIGHLIGHTS

Approximately 4,543 SF lot
Approximately 1,020 SF existing commercial building
MXC-1 Minor Mixed-Use Corridor zoning
Potential for commercial, residential and mixed-use development
Development potential of up to approximately 50 feet / 4 stories, subject to applicable City requirements
Potential eligibility for House National City (HNC) density bonus incentives
Established South Bay location
Convenient access to I-5 and I-805
Attractive opportunity for investors, developers and owner-users
Offered at $950,000

MIXED-USE & REDEVELOPMENT POTENTIAL

The MXC-1 zoning district is intended to accommodate a mix of commercial, residential and mixed-use development along designated corridors.

Under current MXC-1 development standards, projects may be permitted up to approximately 50 feet / 4 stories, subject to applicable setbacks, parking, building, design, density and other development requirements.

The approximately 4,543 SF parcel presents an opportunity to evaluate a variety of infill concepts, including redevelopment that incorporates residential and commercial uses.

HNC DENSITY BONUS OPPORTUNITY

National City’s current House National City (HNC) Opt-In Density Bonus Program identifies MXC-1 as an eligible 4.0 FAR Bonus Zone for qualifying projects.

For qualified developments, the HNC program may provide additional development flexibility and density opportunities beyond conventional development standards.

Developers are encouraged to investigate the applicability of the HNC program, potential FAR, density, height and other development incentives with the City of National City prior to acquisition.

EXISTING COMMERCIAL USE

The existing approximately 1,020 SF commercial building provides an opportunity for an owner-user or investor to utilize the property in its current configuration while evaluating longer-term redevelopment strategies.

The MXC-1 district supports a variety of commercial and neighborhood-serving uses, subject to applicable City use classifications, permits and development requirements.

Potential uses may include various:

Retail
Office
Service businesses
Food-related uses
Medical uses
Community-oriented uses

Specific permitted uses and required approvals should be confirmed with the City of National City.

STRATEGIC NATIONAL CITY LOCATION

Positioned within an established commercial corridor, the property offers convenient access to major transportation routes, employment centers, shopping, dining and established residential neighborhoods.

Location advantages include:

E 18th Street and surrounding local streets
Interstate 5
Interstate 805
Downtown National City
Downtown San Diego
Local shopping and dining
Established residential neighborhoods
Public transportation
Major South Bay employment centers

IDEAL FOR

This property may appeal to:

• Commercial Developers

• Mixed-Use Developers

• Small-Scale Multifamily Developers

• Commercial Investors

• Owner-Users

• Value-Add Investors

• Developers Seeking Infill Opportunities

INVESTMENT HIGHLIGHT

Offered at $950,000, this property provides an opportunity to acquire a relatively small commercial infill parcel with an existing income-producing or owner-user structure and the potential for future redevelopment.

The investment opportunity extends beyond the existing building to the underlying land, MXC-1 zoning and potential HNC development incentives.

For developers, the property warrants further evaluation as a potential higher-density residential or mixed-use infill project, subject to feasibility, entitlements, financing, parking, design standards and City approvals.

BUYER DUE DILIGENCE

All property, zoning, development and density information presented herein is based on publicly available information and is provided for preliminary marketing purposes only. No representation is made as to the accuracy, completeness or future applicability of any development scenario, zoning interpretation, density bonus, FAR, height or entitlement information.

Prospective purchasers should independently verify all property characteristics, permitted uses, zoning regulations, development standards, HNC eligibility, density/FAR calculations, parking requirements, building requirements and entitlement requirements directly with the City of National City Planning Division and other applicable governmental agencies.

Buyer to conduct its own independent investigation and due diligence prior to entering into a purchase agreement.