Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Calexico Commercial Lot Opportunity Title is generated by Realmo AI

    518 E Cole Rd, Calexico, CA 92231

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Prime 1-acre commercial lot in Calexico, California.

    Type:Retail, Office, Special Purpose
    Lot size:
    1.00 Acre
    Added:
    Nov 22, 2024
    Days on Market:
    559
    Last Refresh:
    May 12 at 11:18 pm

    Property Features for 518 E Cole Rd

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    Retail, Office, Special Purpose

    Spaces For Lease

    at 518 E Cole Rd Contact us

    We can help!

    Listing Contact
    Manny Hernandez

    Listing agent Manny Hernandez License #01253348

    Listing office American Group Realtors

    Listing date Nov 22, 2024

    Source Crexi

    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 American Group Realtors

    HighLights

    • Prime build‑to‑suit opportunity tailored to tenant needs.
    • Located in a high‑traffic area of Calexico, CA, near the U.S.-Mexico border.
    • Proven success of national retailers in the area.
    • Benefits from cross‑border commerce and a steady flow of visitors.
    • 1‑acre commercial lot with high visibility.
    • Growing local economy in the Imperial Valley area.

    Overview

    Located in Calexico, California, this 1-acre commercial lot presents a build-to-suit opportunity. The property is positioned to attract visitors from Mexicali and the surrounding Imperial Valley area. National retailers like Walmart, Starbucks, and McDonald's have found success in the Calexico area. The property owner is willing to build to suit, tailoring the development to meet the needs of the right tenant. The location benefits from cross-border commerce, a steady flow of visitors, and a growing local economy.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Calexico
    County
    Imperial
    State
    California
    Longitude
    -115.549
    Latitude
    32.6882

    Nearby Similar for Lease

    • Contact for pricing
      18,000 SF

      Mixed-Use Space For Lease

      Mixed-use space available for lease, ranging from 1,200 to 18,000 SF.
      315 E 2nd St, Calexico, CA 92231
      View Details
    • $0.75 SF/Yr
      5,000 SF

      Calexico Warehouse with Office Space

      Multi-tenant warehouse space with office and loading dock.
      120 W Cole Blvd, Calexico, CA
      View Details
    • Contact for pricing
      1,800 SF

      Grocery Anchored Shopping Center Space

      Retail space available in a grocery and drug anchored center.
      1113 Imperial Ave W, Calexico, CA
      View Details
    • Contact for pricing
      1,840 SF

      Grocery Anchored Shopping Center Space

      Retail space available in a dominant shopping center.
      1107-1105 Imperial W Ave, Calexico, CA
      View Details
    • Contact for pricing
      1,200 SF

      58 Acres Agriculture/Livestock Land

      58 acres of agriculture/livestock land for lease.
      0 Kubler, Calexico, CA 92231
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center For Rent

      Dominant shopping center anchored by a grocery store.
      2300 Imperial Ave, Calexico, CA 92231
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime 1-acre commercial lot in Calexico, California.
    Where is this commercial land located?
    The property is located at 518 E Cole Rd Calexico, CA.
    What are key features of this property?
    This property features: Prime build‑to‑suit opportunity tailored to tenant needs.; Located in a high‑traffic area of Calexico, CA, near the U.S.-Mexico border.; Proven success of national retailers in the area.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Manny Hernandez
    Real Estate License ID: 01253348
    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

    Thank You for Inquiry
    518 E Cole Rd, Calexico, CA 92231
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!