Property summary
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
VerifiedCap rate & NOI
Current use
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Social Service Agency
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Car Rental Facility
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General Contractor Construction Company
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Auto Repair Shop
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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