0 Rood Rd Calexico, CA 92231
This exceptional 3.27-acre industrial land parcel in Calexico, CA, presents a prime investment opportunity. Located within the Gateway to the Americas Specific Plan and boasting GI (Gateway Industrial) zoning, this property offers considerable flexibility for various industrial uses, including business parks, outside storage, truck parking, manufacturing, and distribution. The site benefits from its strategic location near the highly trafficked Calexico East Port of Entry, a crucial US-Mexico border crossing, and the intersection of State Highways 7 and 98, ensuring excellent accessibility and visibility. Two adjacent lots comprise the offering, providing ample space for development. The property is level, with portions of the roadway frontage already paved. Furthermore, the recent completion of a $32.5 million expansion project at the East Port of Entry has significantly increased its capacity, further enhancing the property's value and potential. This expansion project, completed in Spring 2024, boosted the port's queuing and crossing capacity by one-third, accommodating the annual flow of approximately 453,000 commercial trucks. The Calexico East Port of Entry facilitates an estimated $20 billion in annual imports and exports, underscoring the region's robust economic activity and the significant potential for growth within this strategic location. APN: 059-386-001 & 059-386-002.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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