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2302 Weakley St El Centro, CA 92243-9479

OFF-MARKET Office buildings Google Maps
4.32 ac lot
Entity Owned 19-yr Hold Free & Clear
Estimated value (blended)
$260k
Range $234k – $286k (±10%)
Property ID US09-6751866

Property summary

AI-generated overview

This exceptional 4.31-acre commercial property boasts unparalleled visibility on Interstate 8 in El Centro, California. The site offers approximately 1100 linear feet of frontage along I-8, strategically positioned at the Dogwood Road interchange. This high-traffic location benefits from proximity to major retail destinations, including Best Buy, Ross Dress for Less, Home Goods, Dillard's, Macy's, Marriott Hotels, and Hampton Inn, as well as numerous restaurants such as Olive Garden, Famous Dave's Barbecue, and Buffalo Wild Wings. The property is zoned for commercial use, allowing for the development of retail spaces, hotels, or apartments. The asking price is $2,822,688. The property's location at the intersection of I-8 and Dogwood Road ensures high visibility and accessibility, making it an ideal investment opportunity for developers seeking to capitalize on the strong retail presence and significant traffic flow in the Imperial Valley region. The APN is 054-430-005. This prime location offers significant potential for substantial returns. The property is situated at 2302 Weakley St, El Centro, CA 92243. This is a rare opportunity to acquire a large parcel of land in a thriving commercial area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 4.32 ac (188,179 SF)
APN 054-430-005-000
UPID US09-6751866

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2006
3 recorded transactions
2006
Price N/A
1998
$200,000
1997
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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