For Sale
$1,090,000

0 Gillett StEl Centro, CA 92243

80 Acres, High Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional opportunity to acquire 80.214± acres of highly productive organic farmland in El Centro, CA. This property, designated A2U (General Agriculture - Urban), boasts an existing lease generating above-market rental income from a reputable tenant. The land features a strong water allocation and benefits from its ideal location on E Gillett St, near Highway 111 and Interstate 8, offering convenient access to major transportation routes. Situated within the City of El Centro's sphere of influence, this property presents significant upside potential for future development, while currently providing substantial returns from its agricultural use. The APN is 054-290-004-000. The asking price is $1,090,000. This is a rare opportunity to own a highly productive and strategically located agricultural property with substantial long-term growth potential. The property's zoning allows for a variety of uses, making it an attractive investment for both agricultural and development purposes. The seller may consider selling this property in conjunction with a separate 114± acre farm in Calexico.

Highlights

  • 80± acres of high-yield organic farmland.
  • Above-market lease income from existing tenant.
  • Excellent water rights.
  • Located within the City of El Centro's sphere of influence.
  • Prime Highway 111 location near Interstate 8.
  • Residential zoning allows for future development opportunities.

Property Details for 0 Gillett St

Property type
Land, Farms
Lot Size (sq. ft)
3,494,122 SF

Location Insight

City
El Centro
County
Imperial
State
California
Latitude
32.792303865511
Longitude
-115.50150711111
Gillett St, El Centro, California

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0 Gillett St
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