Property profile

0 Danenberg Dr El Centro, CA 92243

OFF-MARKET
Land
21 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 21 ac (914,760 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Danenberg Dr El Centro, CA 92243
El Centro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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