Gillett St El Centro, CA 92243
- Land
- 80.21 lot acres
Current Use by Public Records
- Land
Property Details for 0 Gillett St
- Lot size
- 80.21 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
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
- -115.502
- Latitude
- 32.7923
