For Sale
$7,209,178

450 Wall RdImperial, CA 92251

16.55 Acres, High-Density Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 16.55-acre mixed-use property in Imperial, CA, presents a compelling investment opportunity. Comprising three parcels (APN: 064-351-011, 064-351-017), this land offers significant development potential. A 5.33-acre commercial lot adjoins La Brucherie Rd, while an 11.22-acre parcel is zoned RA. The city's zoning permits a high-density residential development of up to 30 apartment units per acre, addressing the current housing shortage. The property benefits from a prime location near major shopping centers, including Walmart, Target, and Lowe's, as well as numerous restaurants and a Chase Bank, all within two blocks. Public transportation is conveniently located just one block away. Imperial boasts a highly-rated school district and a thriving community atmosphere, hosting various local events. Its proximity to El Centro provides access to additional retail and shopping amenities. This rare opportunity combines ideal zoning, high demand, and a desirable location, making it an exceptional investment in a growing market. The property's size and location make it uniquely suited for large-scale residential development, capitalizing on the area's limited land availability and strong rental demand.

Highlights

  • Excellent location for multifamily development; city encourages new construction.
  • Abundant nearby amenities including schools, shopping, and restaurants.
  • Prime location adjacent to El Centro, offering extensive retail options.
  • High demand, low supply: limited land availability and housing shortage.
  • Convenient public transportation access via nearby bus stop.

Property Details for 450 Wall Rd

Property type
Mixed-use properties

Location Insight

City
Imperial
County
Imperial
State
California
Latitude
32.8229251
Longitude
-115.5748389
450 Wall Rd, Imperial, California

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450 Wall Rd
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