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

    1117 Imperial Ave W Calexico, CA 92231

    View on Map
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail space for sale in Calexico, California.

    Property size:
    2,348 SF
    Lot size:
    0.87 Acres

    Property Features for 1117 Imperial Ave W

    General Information

    Standard status
    Active
    Size
    2,348 SF
    Lot size
    0.87 Acres

    Building Details

    Year built
    2022

    We can help!

    Listing Contact
    Jason Fefer
    Source: Crexi

    Listing Agency: Marcus & Millichap - Los Angeles Listing Agent: Jason Fefer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space on Imperial Avenue

    This retail space is located on Imperial Avenue in Calexico, California. The property offers 2348 square feet of space and is available for sale.
    Location Intelligence

    Current Use by Public Records

    Popeyes Louisiana Kitchen Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Calexico
    County
    Imperial
    State
    California
    Longitude
    -115.4998173
    Latitude
    32.6804912

    Nearby Similar for Sale

    • $550,000
      9,000 SF

      Calexico Commercial Building For Sale

      9,000 sq. ft. commercial building near international border.
      327 E 2Nd St, Calexico, CA 92231
      View Details
    • $416,999
      1,458 SF

      Investment Property Near San Diego State

      Mixed-use property with income-producing ADU near downtown and SDSU.
      618 E 5Th St, Calexico, CA 92231
      View Details
    • New
      $1,149,000
      4,710 SF

      Calexico Multifamily Investment Opportunity

      Remodeled eight-unit complex with strong income potential in Calexico.
      700 Blair Ave, Calexico, CA 92231
      View Details
    • $339,999
      2,392 SF

      Calexico Income Property Opportunity

      Income property near the border with four units and studio.
      419 E 3Rd St, Calexico, CA 92231
      View Details
    • $329,000
      Pending

      Calexico Multifamily Investment Opportunity

      Well-maintained triplex near the Mexican border, shopping, and schools.
      737 Renaud Ct, Calexico, CA 92231
      View Details
    • $345,000
      Pending

      Calexico Duplex: Income Opportunity

      Duplex in Calexico near shopping, schools, and the border.
      631 Paulin Ave, Calexico, CA 92231
      View Details
    • $3,850,000

      Borderfront Retail and Office Building

      Two-story building with basement near US-Mexico border for sale.
      100 Heffernan Ave, Calexico, CA 92231
      View Details
    • $1,800,000

      20-Unit Motel Near Mexico Border

      Well-maintained 20-unit motel near the Mexico border.
      344 4Th St, Calexico, CA 92231
      View Details
    • $3,850,000

      Prime Retail/Office Border Location

      Two-story building with basement, ideal for retail or office.
      100 Heffernan Ave, Calexico, CA 92231
      View Details
    • $88,000

      Retail Storefront Near US Border

      Clothing store at busy intersection near US-Mexico border.
      244 E 1St St, Calexico, CA 92231
      View Details
    • $1,800,000

      Calexico Motel Near Mexican Border

      20-room motel near the Mexican border and local amenities.
      344 4Th St, Calexico, CA 92231
      View Details
    • Contact for pricing

      Calexico Retail Ground Lease Opportunity

      Ground lease for a 44,900 SF former retail space.
      2600 Rockwood Ave, Calexico, CA 92231
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for sale in Calexico, California.
    Where is this retail space located?
    The property is located at 1117 Imperial Ave W Calexico, CA.
    What are key features of this property?
    This property features: - Prominent Imperial Avenue Location; - Built in 2022; - Calexico, CA Location
    Request Owner's contact information
    1117 Imperial Ave W Calexico, CA 92231
    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.
    1117 Imperial Ave W
    Calexico, CA 92231
    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
    1117 Imperial Ave W Calexico, CA 92231
    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

    We can help!
    Listing Contact
    Jason Fefer
    Real Estate License ID: 02100489
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!