25 3Rd StCalexico, CA 92231
- Retail properties
- 0.32 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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