235 Main St, Calipatria, CA 92233
- Retail space
- 1.34 lot acres
Current Use by Public Records
- NAPA Auto Parts - County Motor Parts Calipatria / Auto Parts Store
Property Details for 235 Main St
- Lot size
- 1.34 lot acres
- Property type
- Retail space
- APN
- 023-321-029-000
- APU
- 23321029000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 23, 2019 | — | Matthew J Flournoy | Flournoy C D 2018 Trust | Quit Claim Deed · related | — |
| Sep 25, 2018 | — | Flournoy,carolyn D 2018 Trust | Flournoy,carolyn D | Quit Claim Deed · related | — |
| Jan 25, 1995 | — | James H Flournoy | Flournoy,james H & Carolyn D | Quit Claim Deed · related | $350k · Borrego Springs Bank |
Description
This exceptional commercial property in Calipatria, CA, presents a compelling investment opportunity. The 1.34-acre lot (58,370 square feet) is strategically located at the southwest corner of East Main Street and West of Railroad Avenue, within a commercially zoned area. The property encompasses a total of 5,400 square feet, comprising two buildings totaling 4,400 square feet of self-storage units and an additional 1,000 square feet currently leased to Napa Auto Parts. This long-term tenant maintains a month-to-month lease agreement, generating a consistent monthly rental income of $3,000. The property benefits from its location in Calipatria, a rapidly growing area dubbed "Lithium Valley," experiencing significant economic expansion. This growth is fueled by the recent commencement of construction on a major $1.85 billion direct lithium extraction plant by Controlled Thermal Resources Holdings Inc., marking a significant milestone for the region. The limited availability of commercially zoned properties in this area further enhances the value and potential of this investment. This property offers a blend of stable rental income and significant future appreciation potential, making it an attractive proposition for discerning investors seeking exposure to a dynamic and expanding market. The property is priced at $496,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Calipatria
- County
- Imperial
- State
- California
- Longitude
- -115.51
- Latitude
- 33.1254
- CBSA code
- 20940
- CBSA name
- EL CENTRO, CA METROPOLITAN STATISTICAL AREA
