Technical
Financial
Distress signals
Property profile

202 Main St Calipatria, CA 92233

FOR SALE
Parking lots & garages
Property ID
US09-8931167
0.85 ac lot
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property in Calipatria, CA, presents a unique investment opportunity. Located at 202 Main St, 92233, this single-story building sits on a substantial 37,200 square foot lot, offering a total of 37,200 square feet of space. The building itself encompasses 9,800 square feet, including 3,300 square feet of climate-controlled retail/office space and a spacious 4,500 square foot indoor shop area. An additional 2,000 square feet of covered outdoor shop space provides further versatility. Currently owner-occupied, the property is available for immediate occupancy or leaseback, depending on terms. The property is securely gated and zoned for commercial use (APN: 023-252-008). Its strategic location in downtown Calipatria, just six miles from a geothermal facility, makes it ideal for various businesses, including those in energy/mineral extraction, automotive repair, construction, or agriculture. The property's ample space and prime location, coupled with its attractive asking price of $800,000 ($21.51/sq ft), offer significant return potential. Nearby amenities include fuel stations, grocery stores, hotels, and banks. This property is ready for immediate tenant improvement or immediate occupancy. The wide street access on Main Street provides excellent visibility and accessibility. Don't miss this chance to acquire a substantial commercial property in a thriving area.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Lot 0.85 ac (37,124 SF)
APN 023-252-008-000
UPID US09-8931167

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
  • Hardware & Home Improvement General Contractor
  • Building Supply General Contractor
  • Car Rental Facility

Location

202 Main St Calipatria, CA 92233
Calipatria metro Census 10102 EL CENTRO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2016
5 recorded transactions
2016
Price N/A
2015
$122,500
2013
$125,000
2004
$212,500
1996
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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