Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1542 W Evan Hewes Highway El Centro, CA 92243

    View on Map
    For Sale
    $1,300,000

    LAND - El Centro, CA

    Lot size:
    47.38 Acres
    Added:
    Mar 4, 2026
    Days on Market:
    29
    Last Refresh:
    Apr 2 at 5:06 am

    Property Features for 1542 W Evan Hewes Highway

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    062080035000
    Lot size
    47.38 Acres

    We can help!

    Listing Contact
    Susan Harvey
    Susan Harvey

    Listing agent Susan Harvey License #00957590

    Listing office Desert Pacific Properties 44267 Monterey Ave Ste. A, La Quinta, CA

    Listing date Mar 4, 2026

    MLS# 219144197

    Copyright © 2026 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    47.38 Acres in El Centro

    This 47.38-acre agricultural property is located in Imperial County, California. Situated in a path of development area, the parcel features level terrain and borders the historic San Diego and Arizona Railway. It offers direct access via West Evan Hewes Highway and Bennet Road frontage. The property is located one mile from the Naval Air Facility in El Centro, CA, with a centralized location providing access to Interstate 8, making it a strategic investment opportunity for established farming operations and agricultural investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Suggested Use

    Real Estate Agency Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Centro
    County
    Imperial
    State
    California
    Longitude
    -115.6714851
    Latitude
    32.797273

    Nearby Similar for Sale

    • $1,295,000

      El Centro Nightclub and Bar

      Turnkey nightclub and bar in El Centro, California for sale.
      600 W. Main Street, El Centro, CA 92243
      View Details
    • $998,880
      2,330 SF

      El Centro Restaurant Building For Sale

      Restaurant building in El Centro with full commercial kitchen.
      445 E Main, El Centro, CA 92243
      View Details
    • $349,000
      1,834 SF

      El Centro Income Property

      Two-unit property with income potential in El Centro, California.
      592 W Heil Ave, El Centro, CA 92243
      View Details
    • $675,000
      3,471 SF

      El Centro Multifamily Investment Opportunity

      Five-unit residential property near Vons Shopping Center in El Centro.
      1034 Woodward Ave, El Centro, CA 92243
      View Details
    • $699,999
      5,694 SF

      El Centro Mixed-Use Development Opportunity

      Freestanding building with expansion potential in El Centro's commercial zone.
      460 W State St, El Centro, CA 92243
      View Details
    • $999,000
      6,344 SF

      Freestanding Automotive Building For Sale

      Freestanding commercial/automotive building in a high-traffic location.
      315 S 4th St, El Centro, CA
      View Details
    • $4,500,000
      13,800 SF

      Retail Space Near Major Retailers

      Retail space with high visibility near Target and Lowe’s.
      2053-2295 N Imperial Ave, El Centro, CA
      View Details
    • $10,290,000
      59,065 SF

      El Centro Retail Center For Sale

      High-traffic El Centro retail center with excellent visibility.
      1103-1151 South 4th Street & 350 W Ross Ave El Centro, CA, USA, El Centro, CA 92243
      View Details
    • $4,000,000
      2,276 SF

      Leased Retail Investment Opportunity

      Multi-tenant retail property in El Centro, California.
      1627-1649 W Main St, El Centro, CA
      View Details
    • Contact for pricing
      2,330 SF

      Retail Building with Commercial Kitchen

      One-story retail building formerly a restaurant with full commercial kitchen.
      445 E Main St, El Centro, CA
      View Details
    • $3,200,000
      20,208 SF

      Freestanding Retail Building For Sale

      Prime retail building in high-traffic El Centro location.
      1501 W Main St, El Centro, CA
      View Details
    • $650,000

      Turn-Key Church Property For Sale

      Church property with CUP in place, recently remodeled, ready occupancy.
      126 W Heil Ave, El Centro, CA 92243
      View Details

    FAQs

    What type of property is this?
    Agricultural property - Agricultural land with rail access near Naval Air Facility.
    Where is this agricultural property located?
    The property is located at 1542 W Evan Hewes Highway El Centro, CA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 47.38‑acre agricultural property with level terrain.; Located 1 mile from Naval Air Facility El Centro, CA.; Centralized location with access to Interstate 8.
    (760) 360-8200
    We can help!
    Listing Contact
    Susan Harvey
    Susan Harvey
    Real Estate License ID: 00957590
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!