0 Cruickshank Dr El Centro, CA 92243
This exceptional 3.59-acre parcel in El Centro, California, presents a compelling investment opportunity. Located at the intersection of Cruickshank Drive and Waterman Avenue (APN 064-442-007-000), this property boasts a highly desirable location within Imperial County's thriving commercial corridor. Currently zoned R3, allowing for multi-family development, the property's previous CG-General Commercial zoning offers the potential for a zoning reversion, should a buyer prefer a commercial use. The site is strategically positioned near a concentration of major retailers, including Walmart Supercenter, Costco, Target, Lowe's, Ross, Pet Smart, Planet Fitness, Ashley Furniture, Food 4 Less, Aldi, and Five Below, ensuring high visibility and accessibility. The area also shows evidence of recent successful multi-family developments, suggesting strong potential for similar projects. This prime location, combined with the flexibility of zoning options, makes this land a truly unique and attractive investment opportunity. The asking price is $1,250,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.