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    Danenberg Dr El Centro, CA 92243

    Sponsored
    For Sale
    $4,800,000

    21 Acres, 240+ Townhome Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 21-acre parcel in El Centro, CA (APN 054-530-056-000), presents a prime investment opportunity. Priced at $4,800,000, this land is ideally situated adjacent to the Imperial Valley Mall, offering unparalleled access to shopping, dining, and entertainment. The property boasts a recorded final map, allowing for the construction of up to 240 detached townhomes, ranging from 1158 to 1941 square feet, each featuring a 2-car attached garage. Preliminary plans include community amenities such as a pool, clubhouse, and parks, catering to a diverse range of residents, from first-time homebuyers to empty nesters. The site's strategic location between I-8 and H-111 ensures convenient transportation access. Existing infrastructure includes rough blue top grading on most lots. Alternative development options may exist under current zoning ordinances, potentially allowing for up to 269 apartments. The property is located within the acclaimed McCabe School District and offers a solution to the region's housing shortage, providing affordable and secure living. Three convenient access points exist, including a main entrance on Danenberg Drive next to Discount Tire, and two additional entrances to the mall. The project can be developed in phases, offering flexibility for investors. There are no existing Community Facilities Districts (CDF) on the property. This is a remarkable opportunity to develop a thriving, gated community in a high-demand location.

    Property Features for 0 Danenberg Dr

    General Information

    Property type
    Land
    Lot Size
    914,760 SF

    HighLights

    • $4,800,000 asking price.
    • 21‑acre land parcel in El Centro, CA.
    • APN: 054‑530‑056‑000.
    • Zoned for up to 240 detached townhomes or potentially 269 apartments.
    • Located adjacent to the Imperial Valley Mall, offering convenient access to shopping, dining, and entertainment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    El Centro
    County
    Imperial
    State
    California
    Longitude
    -115.52860294956
    Latitude
    32.760818411234

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    FAQs

    What type of property is this?
    Land - 21 Acres, 240+ Townhome Potential
    Where is this land located?
    The property is located at Danenberg Dr El Centro, CA.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: $4,800,000 asking price.; 21-acre land parcel in El Centro, CA.; APN: 054-530-056-000.
    (760) 352-7700
    Request Owner's contact information
    Danenberg Dr El Centro, CA 92243
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    Realmo Value Estimation

    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.

    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.

    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
    Danenberg Dr El Centro, CA 92243
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