1221 W Morena Blvd, San Diego, CA 92110
Owner-User Opportunity in the Bay Ho / Morena Corridor | 5,000 SqFt for Retail, Officer, & Flex
Marketing description
4966 Naples Place offers owner-users the opportunity to control a highly functional commercial building in a central, coastal-adjacent San Diego location while preserving long-term redevelopment flexibility. The property is located in one of San Diego’s most supply-constrained infill areas, positioned in the Bay Ho and Morena corridor with excellent access to I-5, Mission Bay, and the broader coastal trade area.
The central location supports both customer visibility and employee convenience, drawing from strong surrounding residential density and established neighborhood traffic patterns. Zoned CC-4-2 within the City of San Diego’s Complete Communities program and designated Mobility Zone 2, the site offers long-term optionality, including potential expansion or redevelopment opportunities for qualifying projects, while remaining immediately usable for an owner-occupant.
▪︎ Efficient owner-user footprint with approximately 5,000 SF of single-story space that maximizes the floorplan and supports straightforward build-out planning.
▪︎ Clear-span interior with approximately 20-foot ceiling height, allowing flexibility for showroom, retail, creative office, or specialty commercial configurations.
▪︎ Central San Diego location advantageous for employees and customers, offering proximity to coastal amenities, Mission Bay, and major commuter routes.
▪︎ Infill site with limited competing owner-user inventory, supporting long-term occupancy stability and value retention.
▪︎ Zoning framework supports future expansion or redevelopment, with CC-4-2 Complete Communities zoning and Mobility Zone 2 designation allowing up to 4.0 FAR for qualifying projects, without requiring near-term redevelopment.
Investment highlights
▪︎ Central San Diego operating location within the Bay Ho and Morena corridor, offering efficient access to I-5, Mission Bay, and the broader coastal and urban San Diego markets.
▪︎ Proximity to coastal amenities enhances employee recruitment and retention while supporting customer-facing businesses that benefit from a desirable, lifestyle-oriented location.
▪︎ Established infill trade area with limited new commercial supply, supporting long-term stability for owner-users seeking to control occupancy costs and avoid future relocation risk.
▪︎ Strong surrounding residential density provides a built-in customer base for service, retail, and professional uses while supporting consistent daytime and evening activity.
▪︎ Positioned within a long-term redevelopment corridor, benefiting from public planning focus and infrastructure investment without requiring near-term redevelopment or operational disruption.
▪︎ Owner-user control advantage in a market where leasing comparable space often involves rising rents and limited availability.
▪︎ Opportunities to acquire and control commercial space of this size and quality in central San Diego infill locations are increasingly limited.
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