0 Payne Rd, Imperial, CA 92251
This expansive 160.15-acre property in Imperial County, California, presents a unique investment opportunity. Located near Seeley, CA, with easy access from Interstate 8, this land boasts a rich agricultural history, previously used for melon farming. Currently vacant, it's zoned S2 (Open Space/Preservation), offering considerable flexibility for future development. The property's proximity to a 92KV power line (within half a mile) and the Seeley Substation (approximately 1.5 miles southwest) makes it particularly attractive for solar farm development. Alternatively, its size and location lend themselves to various recreational uses, including off-road vehicle events, camping, youth camps, or RV parks. The property comprises two Assessor's Parcel Numbers (APN): 034-290-027 (120 acres) and 034-300-044 (40.15 acres). The asking price is $1,285,000. Detailed directions are available upon request.
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.