327 2Nd St Calexico, CA 92231
- Retail space
- 0.16 lot acres
Current Use by Public Records
- Best Price Beauty Supply / Hair Extensions Supplier / Beauty Supply Store
Property Details for 327 2Nd St
- Lot size
- 0.16 lot acres
- Property type
- Retail space
- APN
- 058-484-005-000
- APU
- 58484005000
Description
This exceptional 8,000 square foot commercial building presents a unique investment opportunity in Calexico, California. Strategically positioned just one block from the international border, this vacant property boasts unparalleled visibility and accessibility, attracting both local and cross-border clientele. Its prime location makes it suitable for a wide range of businesses, including but not limited to grocery stores, medical clinics, retail stores, or pharmacies. The expansive space offers tremendous potential for immediate occupancy and successful operation. The building's design and layout are adaptable to various business needs, allowing for customization and efficient use of space. Furthermore, an adjacent lot is also available for purchase, providing an excellent opportunity for expansion, additional development, or the creation of ample parking. This presents a rare chance to acquire a high-demand commercial property in a thriving border town with significant growth potential. Don't miss this chance to secure a valuable asset in a dynamic and rapidly developing market. The property is priced at $849,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $385,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $345,000
- Mixed-Use
- $300,000
- Hospitality
- $380,000
- Educational
- $335,000
- Residential Income
- $395,000
- Energy
- $360,000
- Income-Based Land
- $330,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Calexico
- County
- Imperial
- State
- California
- Longitude
- -115.494
- Latitude
- 32.667
- CBSA code
- 20940
- CBSA name
- EL CENTRO, CA METROPOLITAN STATISTICAL AREA