Property profile

102 Danenberg Dr El Centro, CA 92243

FOR SALE
Manufacturing properties
Property ID
US09-7881942
26.8 ac lot
Entity Owned 16-yr Hold Free & Clear
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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

Location

102 Danenberg Dr El Centro, CA 92243
El Centro metro Census 11803 EL CENTRO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2009
4 recorded transactions
2009
$1.3M
2008
$2.1M
1992
Price N/A
1981
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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