Office Property on Two
For Sale
Contact for pricing
Pending
1224 W State St, El Centro, CA 92243
Office property comprising two parcels, centrally located in El Centro, with existing office rentals below current market levels.
Property Size27,400 SF
Days on Market148
Property Features for 1224 W State St
General Information
Standard status
Pending
Size
27,400 SF
Property subtype
Office
Listing Agency:
BC Real Estate Services
Listed By:
Bernie Calderon · License #00677373
(619) 466-4027
Source:
Crexi
Added: Apr 11
Changed: Sep 3
Last Checked: Sep 2 at 9:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BC Real Estate Services
Investment Insights
Based on property information with market context.
This office property consists of two parcels and includes an existing setup for office rentals. The seller notes that management has not been aggressive, and that the current rents are below current market levels, averaging approximately $0.73 per square foot. The site footprint is listed at 27,400 square feet, and the owner will review all offers and is prepared to negotiate in good faith while providing property documentation as needed.
The property is described as centrally located in El Centro, surrounded by the business hub of the growing city. The remarks also frame an open question around what the business rental market may support on a higher rent level.
Prospective buyers can evaluate the existing improvements and consider the combination of the two-parcel site and the current rental positioning when assessing fit and future business terms.
The property is described as centrally located in El Centro, surrounded by the business hub of the growing city. The remarks also frame an open question around what the business rental market may support on a higher rent level.
Prospective buyers can evaluate the existing improvements and consider the combination of the two-parcel site and the current rental positioning when assessing fit and future business terms.
Key Highlights
- Office property comprising two parcels in El Centro, centrally located within the business hub.
- Existing office rentals are below current market value, averaging about $0.73 per sq. ft.
- Potential for NOI growth tied to bringing rents closer to market levels.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,467
Businesses Nearby
Explore this area
Business Placement
Demographics for 92243, CA
49,149
Population
15,908
Households
3.1
Avg Household Size
36
Median Age
16%
College-Educated
74%
High-School Grad
113.3 sq mi
ZIP Area
434
Density / Sq Mi
$55,890
Median Household Income
$31,170
Median Earnings
$992
Median Rent
$286,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office property comprising two parcels, centrally located in El Centro, with existing office rentals below current market levels.
Where is this office units located?
The property is located at 1224 W State St El Centro, CA.
What are key features of this property?
This property features: Office property comprising two parcels in El Centro, centrally located within the business hub.; Existing office rentals are below current market value, averaging about $0.73 per sq. ft.; Potential for NOI growth tied to bringing rents closer to market levels.
