1562 Main St Brawley, CA 92227
- Office buildings
- 2.05 lot acres
Current Use by Public Records
- Best Western Plus Main Street Inn / Hotel
Property Details for 1562 Main St
- Lot size
- 2.05 lot acres
- Property type
- Office buildings
- APN
- 047-320-096-000
- APU
- 47320096000
Description
This exceptional 66-key Best Western Plus hotel presents a lucrative investment opportunity in Brawley, California. Located at 1562 Main St, this property boasts 33,320 square feet across two, three-story buildings situated on a substantial 2.48-acre lot. Built in 2008, the hotel features a range of amenities including a whirlpool, fitness room, market pantry, outdoor patio, and pool. The property is zoned C2 - Medium Commercial, offering flexibility for future development. Priced at $12,900,000 ($387.15/sq ft), this represents a strong value in a growing market. Brawley's economic expansion is driving increased demand for lodging, making this a prime investment in the thriving Imperial Valley hospitality sector. The hotel's convenient location offers easy access to local attractions and dining options, further enhancing its appeal to visitors. This turnkey operation presents a unique chance to acquire a well-established hotel with significant growth potential. The property is offered for sale by owner.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,595,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $9,285,000
- 6.5%
- $9,615,000
- 7%
- $8,735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $10,020,000
- Geo Method
- $8,230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,205,000
- Retail
- $8,400,000
- Mixed-Use
- $9,585,000
- Hospitality
- $7,405,000
- Educational
- $7,285,000
- Residential Income
- $8,260,000
- Energy
- $7,895,000
- Income-Based Land
- $7,360,000
- Food Service
- $7,195,000
Location Insight
- Map
- Local Demand
- City
- Brawley
- County
- Imperial
- State
- California
- Longitude
- -115.515
- Latitude
- 32.9778
- CBSA code
- 20940
- CBSA name
- EL CENTRO, CA METROPOLITAN STATISTICAL AREA