0 Church St, Calipatria, CA 92233
This exceptional .78-acre lot in Calipatria, California, presents a unique investment opportunity. Located on E Church St, with APN 023-354-010-000, this property boasts a substantial 34,317 square feet and is currently zoned R-2, allowing for residential development. City administration plans indicate an upcoming zoning change to a Residential/Industrial Mixed-Use designation, significantly expanding development potential. Preliminary assessments suggest the possibility of constructing up to 20 residential units under the current zoning. The General permitted zoning provides flexibility for a variety of uses. This prime location in Imperial County, CA, zip code 92233 (latitude 33.1224086, longitude -115.5095542), offers significant upside for developers seeking a versatile and strategically located parcel. Detailed construction possibilities are available upon request. Seize this chance to acquire a highly promising property in a growing area. The asking price is $119,000. Don't miss this chance to capitalize on the future potential of this versatile land parcel. Further information regarding the zoning change and development possibilities is available.
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
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.