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San Diego Land Sells for Future Industrial Development

Investors Divest Nearly 5 Acres in Otay Mesa for Over $8.2 Million
The vacant industrial land is located in the Otay Mesa industrial market of San Diego County. (CoStar)
The vacant industrial land is located in the Otay Mesa industrial market of San Diego County. (CoStar)
By Wes Hudgins
CoStar Research
October 5, 2022 | 4:19 P.M.

A California-based buyer has acquired 4.92 acres of vacant land at 7280 Siempre Viva Road in San Diego, California, for more than $8.22 million, or about $1.67 million per acre, from a private trust and a local owner.

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