508 8Th StBrawley, CA 92227

Property Details for 508 8Th St

Lot size

0.45 AC

Property type

Outlet malls

APN

049-140-008-000

APU

49140008000

Description

This substantial commercial property, located at 508 8th Street in Brawley, California, presents a unique investment opportunity. The warehouse boasts a generous 5,694 square feet of space, ideal for various commercial uses. A key feature is the inclusion of a loading dock, facilitating efficient loading and unloading of goods. The property sits on a sizable 0.45-acre lot, offering ample room for expansion or outdoor storage. While the property requires significant attention and renovations, its size and location make it an attractive prospect for a buyer willing to undertake improvements. The seller is offering the property "as-is," with no repairs to be made prior to closing. This presents a chance to acquire a substantial warehouse at a competitive price, allowing the buyer to customize the space to their specific needs and reap the rewards of a successful renovation project. The property's location in Brawley, California, offers access to local transportation routes and a growing commercial market. Serious inquiries only. The asking price is $375,000.

• CAP approach

  CAP return

  Valuation

  6%

  $5,898,220

  6.5%

  $5,444,510

  7%

  $5,055,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,543,340

  Geo Method

  $7,109,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $10,384,600

  Mixed-Use / Specialty

  $5,519,150

  Hospitality / Lodging

  $4,171,670

  Office

  $5,584,320

  Institutional / Educational

  $5,771,300

  Residential Income

  $6,752,420

  Multifamily

  $7,577,110

  Automotive / Energy

  $4,946,830

  Parking / Income-Based Land

  $1,614,170

  Restaurant / Food Service

  $3,071,270

  Healthcare / Senior Housing

  $5,563,340

Location Insight

City

Brawley

County

Imperial

State

California

Latitude

32.9738

Longitude

-115.532

CBSA code

20940

CBSA name

EL CENTRO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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