For Sale
$3,000,000

2001 8Th StEl Centro, CA 92243

12.57-acre commercial/industrial lot

Overview

Added:
Feb 11
Days on market:
52
This exceptional 12.57-acre commercial and industrially zoned land parcel, located at 2001 N 8th St, El Centro, CA 92243 (APN 044-220-110-000), is offered at $3,000,000. The property boasts a prime location on a signalized intersection with high daily traffic counts (24,300 vehicles), ensuring excellent visibility and accessibility. Its strategic placement near Dorian Court and surrounded by new residential and commercial developments, including major retailers, creates a strong demand driver. The land's 547,549 square feet offers significant development potential, particularly for storage facilities, given the area's 93% occupancy rate and lack of competing projects in the pipeline. The El Centro Metropolitan Statistical Area's stable population growth (178,713 residents) and projected future economic growth fueled by lithium mining further enhance the investment's long-term prospects. The land value is $5.48 per square foot. This presents a unique opportunity to capitalize on a thriving market with substantial upside potential, estimated at a $20 million valuation upon stabilization and $6 million in equity. The property's industrial zoning allows for a variety of uses.

Highlights

  • $3,000,000 asking price for 12.57 acres of commercially zoned land.
  • Located at 2001 N 8th St, El Centro, CA 92243 (APN: 044-220-110-000).
  • High-traffic location with daily traffic count of 24,300 vehicles at a signalized intersection.
  • 93% occupancy rate in the surrounding storage market.
  • Surrounded by new residential and commercial development.
  • Projected $20M valuation upon stabilization, with $6M in equity.

Property Details for 2001 8Th St

Property type
Land, Industrial properties
Lot Size (sq. ft)
547,549 SF

Location Insight

City
El Centro
County
Imperial
State
California
Latitude
32.81431871087
Longitude
-115.56154941022
2001 8Th St, El Centro, California

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2001 8Th St
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