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    OFF-MARKET
    Office buildings

    416 2nd St, Calexico, CA 92231-2843

    3,062 SF 0.19 ac lot Built 1998
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US09-8795450
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully leased six-unit commercial office building situated in the heart of Calexico, California. The property, located at 416 2nd Street, boasts a prime location just three blocks from the US/Mexico International border, offering significant exposure to the vibrant downtown Mexicali market. The 0.19-acre lot houses a building currently generating passive income through six fully occupied office spaces. Tenants represent a diverse range of professional services, including immigration services, insurance agencies, medical transportation companies, and a phone company, ensuring a stable and diversified income stream. A convenient parking lot is located at the rear of the building for tenant and visitor use. The property's strong tenant base and strategic location near the international border present significant potential for future growth and appreciation. Detailed financial information, including expense sheets, rental income statements, and lease terms, is available upon request. This is an ideal opportunity for investors seeking a stable, high-return commercial property with minimal management requirements. The property's current occupancy and established tenant base provide immediate cash flow, making it an attractive investment in a dynamic border region.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1998
    Construction WOOD
    Total area 3,062 SF
    Lot 0.19 ac (8,372 SF)
    APN 058-533-006-000
    UPID US09-8795450
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Valley Auto Insurance Brokers Insurance Agency
    • Cabral Pedro CEO Law Firm
    • Roma Services Tax Preparation
    • PARALEGALES Law Firm
    • Divorcios Calexico Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ameri Mex Capital LLC · 3 yrs held
    Ameri Mex Capital LLC
    since 2022
    Last sale
    $392,000
    4 recorded transactions
    2022
    $392,000
    2022
    $392,000
    1992
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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