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    1113 Imperial Ave W Calexico, CA 92231
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    Property profile & analytics

    1113 Imperial Ave W, Calexico, CA 92231

    View on Map
    • Retail space
    • 2.63 lot acres
    For Lease
    $3,205,000
    View Listing →
    Grocery Anchored Shopping Center Space For Lease
    $3,205,000
    1,800 SF

    Grocery Anchored Shopping Center Space

    Retail space available in a grocery and drug anchored center.

    1113 Imperial Ave W, Calexico, CA
    View Listing
    Property ID
    US09-8792634
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,205,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Subway / Take-out & Catering
    • Starbucks / Cafe & Coffee Shop
    • AT&T Store / Mobile Phone Store / Electronics & Wireless Store
    • Urban Fades Calexico / Barber Shop
    • Optom-Eyes Vision Care: Tam May OD / Physician

    Property Details for 1113 Imperial Ave W

    Lot size
    2.63 lot acres
    Property type
    Retail space
    APN
    058-120-035-000
    APU
    58120035000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 19, 2026 — Calexico Crossings Holding LLC — Deed · related $3.5M · Frontwave Cu
    Jan 23, 2024 — Calexico Crossings Holding LLC — Deed · related $2.3M · R And B Investment INC
    Oct 25, 2022 $3,363,000 Calexico Crossings Holding LLC Imperial West Center LLC Grant Deed $2.4M · Icm Capital Markets INC
    Oct 8, 2004 — Imperial West Center LLC — Trustees Deed · related $2.8M · Cathay Bank
    — — Imperial West Center LLC — Deed Of Trust · related $3.6M · Kinecta FCU

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,105,000
      ML approach
      $2,985,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Calexico
    County
    Imperial
    State
    California
    Longitude
    -115.5
    Latitude
    32.6805
    CBSA code
    20940
    CBSA name
    EL CENTRO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $42,404
    $1,752,870
    $1,677,390
    $3,430,260
    -
    $0.00
    $0.00
    $0.00

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      102 Heffernan Ave

      RETAIL STORES (PERSONAL SERVICES)
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      View Details

    Similar Nearby for Sale

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      20,000 SF

      Prime Retail Location Near Border

      Two-story retail building near US-Mexico border with high foot traffic.
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      2,348 SF

      Retail Space on Imperial Avenue

      Retail space for sale in Calexico, California.
      1117 Imperial Ave W, Calexico, CA 92231
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      16,000 SF

      Downtown Calexico Retail Opportunity

      Turnkey business opportunity in downtown Calexico, across from Mexico.
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      Calexico Retail Ground Lease Opportunity

      Ground lease for a 44,900 SF former retail space.
      2600 Rockwood Ave, Calexico, CA 92231
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      Border Retail/Office Opportunity

      Two-story building with basement near US-Mexico border.
      100 Heffernan Ave, Calexico, CA 92231
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    Similar Nearby for Lease

    • Contact for pricing
      1,840 SF

      Grocery Anchored Shopping Center Space

      Retail space available in a dominant shopping center.
      1107-1105 Imperial Ave W, Calexico, CA 92231
      View Details
    • Contact for pricing
      1,800 SF

      Grocery Anchored Shopping Center Space

      Retail space available in a grocery and drug anchored center.
      1113 Imperial Ave W, Calexico, CA 92231
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center For Rent

      Dominant shopping center anchored by a grocery store.
      2300 Imperial Ave, Calexico, CA 92231
      View Details
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      Mixed-Use Space For Lease

      Mixed-use space available for lease, ranging from 1,200 to 18,000 SF.
      315 E 2Nd St, Calexico, CA 92231
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      Calexico Commercial Lot Opportunity

      Prime 1-acre commercial lot in Calexico, California.
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      5,000 SF

      Calexico Warehouse with Office Space

      Multi-tenant warehouse space with office and loading dock.
      120 W Cole Blvd, Calexico, CA 92231
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    Property Visit Statistics

    • Visits by month
      49.8k
    • Visitors by month
      23.8k
    • Avg Time on site
      12 min
    View Listing
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    Calexico, CA 92231
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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