1498 Main St, El Centro, CA 92243-2819
This exceptional Class B office building, located at 1498 Main St, El Centro, CA 92243, presents a unique investment opportunity. Boasting 25,000 square feet on a 1.11-acre lot (APN 053-081-013-000), this property is currently vacant and offered at $6,000,000 ($240/SF). Strategically situated at the northeast corner of Imperial Ave and Main Street, it enjoys a highly visible location in the heart of El Centro's business district, near county and city government offices, restaurants, and retail. The building features secure ground-floor parking with electronic gates on both the north and south sides, accommodating approximately 84 vehicles. Access to the second floor is provided by elevators and stairwells. Internal amenities include substantial IT, file, breakroom, and copy rooms. Previously occupied by Rabobank's lending department, this upscale building offers a rare opportunity to acquire a substantial, well-maintained office space in a prime El Centro location. The property is available for sale or lease at $1.40/SF NNN.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.