Property profile

2001 8Th St El Centro, CA 92243

OFF-MARKET
Land
Property ID
US09-6585176
12.57 ac lot
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Property summary

AI-generated overview

This exceptional 12.57-acre commercial and industrially zoned land parcel, located at 2001 N 8th St, El Centro, CA 92243 (APN 044-220-110-000), is offered at $3,000,000. The property boasts a prime location on a signalized intersection with high daily traffic counts (24,300 vehicles), ensuring excellent visibility and accessibility. Its strategic placement near Dorian Court and surrounded by new residential and commercial developments, including major retailers, creates a strong demand driver. The land's 547,549 square feet offers significant development potential, particularly for storage facilities, given the area's 93% occupancy rate and lack of competing projects in the pipeline. The El Centro Metropolitan Statistical Area's stable population growth (178,713 residents) and projected future economic growth fueled by lithium mining further enhance the investment's long-term prospects. The land value is $5.48 per square foot. This presents a unique opportunity to capitalize on a thriving market with substantial upside potential, estimated at a $20 million valuation upon stabilization and $6 million in equity. The property's industrial zoning allows for a variety of uses.

Property profile

Verified
Property type Land
Lot 12.57 ac (547,549 SF)
UPID US09-6585176

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex
  • Apartment Building
  • Financial Advisor

Location

2001 8Th St El Centro, CA 92243
El Centro metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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