235 Main St Calipatria, CA 92233
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.
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NAPA Auto Parts - County Motor Parts Calipatria Auto Parts Store
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.