100 4Th StCalexico, CA 92231

Property Details for 100 4Th St

Lot size

0.20 AC

Property type

Banks

APN

058-476-007-000

APU

58476007000

Description

This exceptional 3,852 square foot commercial building presents a lucrative investment opportunity in the heart of Calexico, CA. Situated on a 0.2-acre corner lot, this property boasts ample parking and high visibility, making it ideal for a variety of businesses. Currently operating as a successful income tax and immigration services center with 3,000 mailboxes, the building generates substantial revenue. The property also includes rentable office spaces, with one currently leased to an insurance agent, providing additional income streams. The building's history as a bank is reflected in its unique feature: a secure, intact vault. This versatile space offers numerous possibilities for future tenants or owners. Its strategic location near the US-Mexico border ensures high foot traffic and a diverse customer base. The asking price is $799,000. This is a rare chance to acquire a well-established, income-producing property with significant upside potential in a rapidly growing area. The building is being sold as-is. Don't miss this chance to own a piece of Calexico's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $3,601,798

  6.5%

  $3,324,736

  7%

  $3,087,255

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,941,007

  Geo Method

  $7,907,288

• Alternative Use

  Use

  Valuation

  Residential

  $2,804,540

  Hospitality

  $2,568,943

  Educational

  $2,137,330

  Medical

  $2,210,836

  Retail

  $3,324,736

Location Insight

City

Calexico

County

Imperial

State

California

Latitude

32.6686

Longitude

-115.497

CBSA code

20940

CBSA name

EL CENTRO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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