1002 Imperial Ave El Centro, CA 92243
- Super regional malls
- 0.82 lot acres
Current Use by Public Records
- Super regional malls
Property Details for 1002 Imperial Ave
- Lot size
- 0.82 lot acres
- Property type
- Super regional malls
- APN
- 064-470-108-000
- APU
- 64470108000
Description
This exceptional Class A retail property, located at 1002 N Imperial Ave, El Centro, CA 92243, offers a prime opportunity for businesses seeking high-traffic exposure. The 5,623 square foot building, constructed in 1982 and extensively renovated in 2023, features three suites with a minimum divisible space of 1,250 square feet and a maximum contiguous space of 2,513 square feet currently available. The building boasts excellent visibility on Imperial Avenue (Highway 86), a major thoroughfare with a daily traffic count of 28,276 vehicles. Its strategic location at a signalized intersection ensures easy access for customers. The property benefits from its proximity to numerous national retailers, establishing it within a thriving commercial corridor. Furthermore, its adjacency to a brand-new city library and potential future redevelopment projects promises continued growth and increased foot traffic. The building's design allows for the potential addition of a drive-thru, adding further appeal to prospective tenants. This is a rare opportunity to secure a well-located, newly renovated retail space in a rapidly developing area of El Centro, Imperial County, California.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,355,000
- 6.5%
- $1,180,000
- 7%
- $1,360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,470,000
- Geo Method
- $1,225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,525,000
- Retail
- $1,505,000
- Mixed-Use
- $1,155,000
- Hospitality
- $1,380,000
- Educational
- $1,190,000
- Residential Income
- $1,370,000
- Energy
- $1,330,000
- Income-Based Land
- $1,285,000
- Food Service
- $1,145,000
Location Insight
- Map
- Local Demand
- City
- El Centro
- County
- Imperial
- State
- California
- Longitude
- -115.571
- Latitude
- 32.8018
- CBSA code
- 20940
- CBSA name
- EL CENTRO, CA METROPOLITAN STATISTICAL AREA