Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Imperial, CA Land Opportunity Title is generated by Realmo AI

    Payne Rd, Imperial, CA 92251

    View on Map
    Claim this Listing
    For Sale
    $1,285,000

    LAND - Imperial, CA

    Lot size:
    120.00 Acres
    Added:
    Aug 5, 2025
    Days on Market:
    296
    Last Refresh:
    May 27 at 3:06 pm

    Property Features for Payne Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    OSR
    Standard status
    Active
    APN
    034-290-027-000
    Lot size
    120.00 Acres

    Taxes and HOA fees

    Tax Description
    E2 OF NE4 & NE4 OF SE4 SEC 19 15-12 120AC

    We can help!

    Listing Contact
    Micah Swarthout Kerrico
    Micah Swarthout Kerrico

    Listing agent Micah Swarthout Kerrico License #01448623

    Listing office Jason Mitchell Real Estate California, Inc. 444 Hermosa Ave. #101, Hermosa Beach, CA

    Listing date Aug 5, 2025

    MLS# 26664715IC Listing URL

    Copyright © 2026 Imperial County Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 160.15 acres of contiguous land in Imperial, CA, offering substantial development potential.
    • Zoned S‑2 (Open Space / Preservation), allowing for diverse uses including solar energy, recreation, and outdoor events.
    • Ideal location for utility‑scale solar energy development, situated 0.5 miles from a 92kV power line and 1.5 miles from the Seeley Substation.
    • Suitable for off‑road events, RV/camping facilities, outdoor recreation, or youth retreats due to its open desert setting and compatible zoning.
    • Located in Imperial Valley, benefiting from regional growth and increasing demand for renewable energy and recreational land.
    • Two contiguous parcels (APN 034‑290‑027 & APN 034‑300‑044) providing flexibility in planning and development.

    Overview

    This 160.15-acre property in Imperial, CA, comprises two contiguous parcels, APN 034-290-027 (120 acres) and APN 034-300-044 (40.15 acres). Zoned S-2 (Open Space \/ Preservation), the land presents opportunities for various uses. Its location, just 0.5 miles from a 92kV power line and 1.5 miles from the Seeley Substation, makes it suitable for utility-scale solar energy development. The desert setting also lends itself to off-road events, RV and camping facilities, outdoor recreation, or youth retreats, all of which are compatible with the S-2 zoning. Given the Imperial Valley's growth and increasing demand for renewable energy, recreation, and open land, this property offers potential for investors, developers, or those seeking recreational land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alt. Energy / Solar ...

    Map

    City
    Imperial
    County
    Imperial
    State
    California
    Longitude
    -115.7384474
    Latitude
    32.8675705

    Nearby Similar for Sale

    • $650,000
      3,064 SF

      Imperial Multifamily Investment Opportunity

      Four-unit multifamily property in Imperial, CA with value-add potential.
      103 E 2nd St, Imperial, CA 92251
      View Details
    • $269,000
      32,100 SF

      Imperial CA Land For Sale

      1-acre lot, historic site, demolition required, investor opportunity.
      602 N St, Imperial, CA 92251
      View Details
    • $1,988,800
      2,343 SF

      Imperial, CA Restaurant For Sale

      Freestanding, fully equipped restaurant building in Imperial, California.
      416 S J, Imperial, CA 92251
      View Details
    • $1,988,800

      Imperial Restaurant Building For Sale

      Freestanding, fully equipped restaurant in Imperial, California.
      416 S J, Imperial, CA 92251
      View Details
    • $1,100,000

      Commercial Corner Land Ready

      High-traffic commercial corner lot available for development.
      329 W Aten Rd, Imperial, CA 92251
      View Details
    • $1,285,000

      Imperial, CA Land Opportunity

      160.15 acres near power lines, ideal for solar development.
      Payne, Imperial, CA 92251
      View Details
    • $360,000
      1,840,410 SF

      42.25 Acres with Canal Access

      Versatile 42.25-acre property with fertile land and canal water access.
      3343 Sweet Road, Imperial, CA 92251
      View Details
    • $380,000

      Imperial Industrial Land for Sale

      Large industrial land parcel suitable for various manufacturing uses.
      601 E 10TH ST, Imperial, CA 92251
      View Details
    • $45,000

      Corner Lots in Imperial, CA

      Two vacant corner lots ready for development in Imperial, CA.
      N O, Imperial, CA 92251
      View Details
    • $3,500,000

      Imperial, CA Development Land

      21-acre development property suitable for multi-family residential use.
      2575 Clark Rd, Imperial, CA 92251
      View Details
    • $12,000

      Land Near Seeley, Imperial

      Lot near utilities, suitable for parking or storage.
      Evan Hewes Hwy, Imperial, CA 92251
      View Details
    • $2,900,000

      Imperial Land For Sale

      75.24 acres of industrial land in Imperial, California.
      194 E Harris Rd, Imperial, CA 92251
      View Details

    FAQs

    What type of property is this?
    Alt. Energy / Solar Land - 160.15 acres in Imperial, CA, ideal for solar development.
    Where is this alt. energy / solar land located?
    The property is located at Payne Rd Imperial, CA.
    What is the asking price?
    The asking price for this property is $1,285,000.
    What are key features of this property?
    This property features: 160.15 acres of contiguous land in Imperial, CA, offering substantial development potential.; Zoned S‑2 (Open Space / Preservation), allowing for diverse uses including solar energy, recreation, and outdoor events.; Ideal location for utility‑scale solar energy development, situated 0.5 miles from a 92kV power line and 1.5 miles from the Seeley Substation.
    (833) 471-3337
    We can help!
    Listing Contact
    Micah Swarthout Kerrico
    Micah Swarthout Kerrico
    Real Estate License ID: 01448623
    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
    Payne Rd, Imperial, CA 92251
    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!