Danenberg Dr El Centro, CA 92243
- Land
- 21.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Danenberg Dr
- Lot size
- 21.00 lot acres
- Property type
- Land
Description
This exceptional 21-acre parcel in El Centro, CA (APN 054-530-056-000), presents a prime investment opportunity. Priced at $4,800,000, this land is ideally situated adjacent to the Imperial Valley Mall, offering unparalleled access to shopping, dining, and entertainment. The property boasts a recorded final map, allowing for the construction of up to 240 detached townhomes, ranging from 1158 to 1941 square feet, each featuring a 2-car attached garage. Preliminary plans include community amenities such as a pool, clubhouse, and parks, catering to a diverse range of residents, from first-time homebuyers to empty nesters. The site's strategic location between I-8 and H-111 ensures convenient transportation access. Existing infrastructure includes rough blue top grading on most lots. Alternative development options may exist under current zoning ordinances, potentially allowing for up to 269 apartments. The property is located within the acclaimed McCabe School District and offers a solution to the region's housing shortage, providing affordable and secure living. Three convenient access points exist, including a main entrance on Danenberg Drive next to Discount Tire, and two additional entrances to the mall. The project can be developed in phases, offering flexibility for investors. There are no existing Community Facilities Districts (CDF) on the property. This is a remarkable opportunity to develop a thriving, gated community in a high-demand location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- El Centro
- County
- Imperial
- State
- California
- Longitude
- -115.529
- Latitude
- 32.7608
