Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning