508 8Th StBrawley, CA 92227

Property Details for 508 8Th St

Lot size

0.45 AC

Property type

Retail properties

Property subtype

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%

  $7,846,788

  6.5%

  $7,243,189

  7%

  $6,725,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,585,781

  Geo Method

  $17,226,622

• Alternative Use

  Use

  Valuation

  Residential

  $6,109,901

  Hospitality

  $5,596,636

  Educational

  $4,656,336

  Medical

  $4,816,474

  Retail

  $7,243,189

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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