Property profile

0 Gillett St El Centro, CA 92243

OFF-MARKET
Land
80.21 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire 80.214± acres of highly productive organic farmland in El Centro, CA. This property, designated A2U (General Agriculture - Urban), boasts an existing lease generating above-market rental income from a reputable tenant. The land features a strong water allocation and benefits from its ideal location on E Gillett St, near Highway 111 and Interstate 8, offering convenient access to major transportation routes. Situated within the City of El Centro's sphere of influence, this property presents significant upside potential for future development, while currently providing substantial returns from its agricultural use. The APN is 054-290-004-000. The asking price is $1,090,000. This is a rare opportunity to own a highly productive and strategically located agricultural property with substantial long-term growth potential. The property's zoning allows for a variety of uses, making it an attractive investment for both agricultural and development purposes. The seller may consider selling this property in conjunction with a separate 114± acre farm in Calexico.

Property profile

Verified
Property type Land
Lot 80.21 ac (3,494,122 SF)

Cap rate & NOI

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

Location

Gillett St 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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