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Property profile & analytics
FOR SALE
Manufacturing properties

102 Danenberg Dr El Centro, CA 92243

26.8 ac lot
Entity Owned 16-yr Hold Free & Clear
Property ID
US09-7881942
Property summary
AI-generated overview

This exceptional 26.8-acre land parcel presents a compelling investment opportunity in El Centro, California. Located at 102 W Danenberg Dr, 92243, this property boasts prime highway frontage and visibility along I-8, situated between Dogwood Rd. and S 4th St. Currently zoned Tourist Commercial (CT), it allows for diverse development options, including retail, hospitality, affordable housing, and mixed-use projects, all requiring a Conditional Use Permit (CUP) where applicable. The property's significant potential lies in its eligibility for rezoning to industrial use, aligning with regional growth trends and significantly expanding its versatility. Its flat terrain and adjacency to the Union Pacific Railroad, with the possibility of adding an on-site rail spur, further enhances its appeal. The strategic location offers excellent access to major transportation arteries, promising long-term value appreciation. Additional income streams could be generated from billboard advertising given its I-8 exposure. The asking price is $5,896,000, and the APN is 054-050-008. This property is within El Centro city limits in Imperial County. This is a rare opportunity to acquire a large, versatile tract of land with significant upside potential in a rapidly developing area.

Property profile
Verified
Property type Manufacturing properties
Use group FOOD PACKING, PACKING PLANT
Lot 26.8 ac (1,167,408 SF)
APN 054-050-008-000
UPID US09-7881942
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Madison Property Group LLC · 16 yrs held
Madison Property Group LLC
since 2009
4 recorded transactions
2009
$1.3M
2008
$2.1M
1992
Price N/A
1981
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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