632 Imperial AveCalexico, CA 92231

Property Details for 632 Imperial Ave

Year built

1973

Lot size

0.15 AC

Property size (Sq ft)

6,000 SF

Property type

Office properties

Property subtype

Office buildings

APN

058-415-012-000

APU

58415012000

Description

This exceptional 6,000-square-foot retail property, located at 632 S Imperial Ave in Calexico, California, presents a significant opportunity for businesses seeking a prominent presence in a high-traffic area. The building, constructed in 1973, sits on a 0.3-acre lot and is zoned Commercial Highway (CH), allowing for a wide range of commercial uses. The entire 6,000 square feet is currently vacant, providing a blank canvas for a tenant to customize the space to their specific needs. The property's address is 632 S Imperial Ave, Calexico, CA 92231, and its location offers excellent visibility and accessibility. The property's APN is 058-415-(002, 012, 015, 016) and is situated within Imperial County. This single-tenant building offers a unique chance to establish a strong foothold in a thriving market. The ample space and prime location make this property ideal for a variety of retail businesses seeking to capitalize on the area's commercial activity. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,649,043

  6.5%

  $1,522,193

  7%

  $1,413,465

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,052,535

  Geo Method

  $2,111,820

• Alternative Use

  Use

  Valuation

  Residential

  $1,887,520

  Hospitality

  $1,728,958

  Educational

  $1,438,473

  Medical

  $1,487,944

  Retail

  $2,237,624

Location Insight

City

Calexico

County

Imperial

State

California

Latitude

32.6716

Longitude

-115.498

CBSA code

20940

CBSA name

EL CENTRO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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