Property profile

797 Main St El Centro, CA 92243

OFF-MARKET
Office buildings
Property ID
US09-8894940
0.46 ac lot
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story medical office building, located at 797 W Main Street in El Centro, California, offers 15,960 rentable square feet on a 0.46-acre lot (APN 052-453-065-000). Currently zoned CO - Office Commercial, it's ideally suited for owner-users. The building boasts a strong 11.00% cap rate, with a current NOI of $124,488 and a pro-forma NOI of $262,728. The asking price is $2,395,000 ($150/sq ft). Strategically located in the heart of Imperial Valley, this property offers incredible visibility and signage opportunities on Main Street, with desirable dedicated covered parking. Its proximity to the Imperial County Superior Court (0.1 miles) and El Centro Regional Medical Center (1.3 miles), along with excellent I-8 Freeway access, enhances its appeal. The property benefits from high-credit tenancy with the State of California and Imperial County. Limited comparable properties are available in the market, making this a unique investment opportunity priced significantly below replacement cost. The building's medical office use is permitted.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.46 ac (20,091 SF)
APN 053-102-026-000
UPID US09-8894940

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Social Service Agency
  • Car Rental Facility
  • General Contractor Construction Company
  • Auto Repair Shop
  • Gym & Fitness Center

Location

797 Main St El Centro, CA 92243-7915
El Centro metro Census 11600 EL CENTRO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.36M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.52M

Owner & transaction history

since 2025
Last sale
$2.1M
7 recorded transactions
2025
$2.1M
2018
Price N/A
2018
Price N/A
2005
Price N/A
2005
$1.3M
2003
$94,500
2003
$114,500

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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