1790 Maggio Rd Calexico, CA 92231
This exceptional 2.15-acre commercial land parcel presents a unique development opportunity in Calexico, California. Situated on a hard corner at the signalized intersection of State Highway 7 and Maggio Road, this property boasts excellent visibility and accessibility. The site benefits from a high average daily traffic count of 7,952 vehicles. Zoned GC (Gateway Commercial), the land allows for a diverse range of uses, including but not limited to gas stations, fast-food restaurants, medical offices, and hotels. Its strategic location near the Calexico East Port of Entry, a crucial gateway for US-Mexico trade handling approximately $20 billion annually in imports and exports, ensures high traffic volume and significant potential for return on investment. The recent completion of a $32.5 million expansion project at the port, increasing its capacity by one-third, further enhances the property's value and future prospects. The property is conveniently located within the approved Gateway to the Americas Specific Plan and designated as a California Opportunity Zone, offering additional investment incentives. The land itself is generally level, with most offsite work already completed, minimizing development hurdles and expediting the construction process. This is a rare chance to capitalize on the booming economic activity in this strategic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.