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Property profile & analytics

416 2nd St Calexico, CA 92231-2843

  • Office buildings
  • 3,062 SF
  • 0.19 lot acres
OFF-MARKET
Last Sale
Dec 21, 2022
$392,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-8795450
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Valley Auto Insurance Brokers / Insurance Agency
  • Cabral Pedro CEO / Law Firm
  • Roma Services / Tax Preparation
  • PARALEGALES / Law Firm
  • Divorcios Calexico / Law Firm

Property Details for 416 2nd St

Year built
1998
Construction
WOOD
Lot size
0.19 lot acres
Property size
3,062 SF
Property type
Office buildings
APN
058-533-006-000
APU
58533006000

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Calexico
County
Imperial
State
California
Longitude
-115.493
Latitude
32.6664
CBSA code
20940
CBSA name
EL CENTRO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,949
$77,010
$322,830
$399,840
-
$0.00
$0.00
$0.00
More about this property
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