This exceptional 38.11-acre land parcel presents a remarkable mixed-use development opportunity in the thriving city of El Centro, California. Located on La Brucherie Rd, and identified by APN 064-450-075 and 064-450-076, this property is zoned CG, with an MU2 Overlay, offering unparalleled flexibility for a diverse range of projects. The MU2 Overlay specifically permits multifamily development, including high-medium to higher density apartments, condominiums, townhouses, duplexes, and triplexes, with potential for up to 30 units per acre, increasing to 38 units per acre with a density bonus for senior housing. The General Commercial zoning further expands possibilities, encompassing a wide array of commercial and retail uses. This includes eating and drinking establishments (bars, cafes, fast-food restaurants with drive-throughs), large-scale shopping districts, office spaces, and light services. The property benefits from existing underground infrastructure improvements and canals, significantly reducing site development costs and time to market. Its strategic location near established businesses, including grocery stores, shopping centers, parks, and major retailers like Walmart and Costco, ensures high visibility and accessibility. The asking price for this expansive property is $4,150,179. The seller will consider offers on all or part of the land. This is a truly unique opportunity to capitalize on the growth potential of El Centro.
Highlights
38.11-acre mixed-use development site in El Centro, CA, zoned CG with MU2 overlay, allowing up to 30 units per acre (38 with senior housing density bonus).
General Commercial zoning permits diverse commercial and retail uses, including restaurants with drive-thrus and large-scale shopping.
Existing underground infrastructure and canals reduce development costs and timelines.
Prime location near major retailers (Walmart, Costco), shopping centers, parks, and grocery stores. Seller will consider offers on all or part of the land.
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