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    OFF-MARKET
    Land

    0 Payne Rd, Imperial, CA 92251

    160.15 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 160.15 ac (6,976,134 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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