25 3Rd StCalexico, CA 92231

  • Retail properties
  • 0.32 AC
For Sale
$1,295,000 View listing

Property Details for 25 3Rd St

Lot size
0.32 AC
Property type
Retail properties
Property subtype
Banks
APN
058-474-003-000
APU
58474003000

Description

This exceptional Calexico, CA commercial property presents a lucrative investment opportunity. The 0.49-acre lot encompasses two parcels totaling 21,105 square feet and features two well-maintained buildings with a combined 6,720 square feet of space. The larger building, constructed in 2005, offers 4,800 square feet, while a secondary building, built in 1982, provides an additional 1,920 square feet. Both buildings are currently leased to long-term tenants, ensuring a consistent income stream. The property boasts a fully fenced perimeter, including the ample parking lot, and benefits from meticulous upkeep of the buildings, landscaping, and parking areas. Its prime location, just steps from the US/Mexico International Border, offers unparalleled access to a vibrant binational market. This property is ideally suited for both owner-occupiers seeking a strategic location and investors looking for a stable, high-return asset. The asking price is $1,295,000. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a high-growth area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,575,817
    6.5%
    $5,146,908
    7%
    $4,779,272
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,100,935
    Geo Method
    $12,240,996
  • Alternative Use

    Use
    Valuation
    Residential
    $4,341,610
    Hospitality
    $3,976,891
    Educational
    $3,308,727
    Medical
    $3,422,519
    Retail
    $5,146,908
25 3Rd St, Calexico, California

Location Insight

City
Calexico
County
Imperial
State
California
Latitude
32.6681
Longitude
-115.498
CBSA code
20940
CBSA name
EL CENTRO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,150
$114,964
$867,173
$982,137
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