102 Danenberg DrEl Centro, CA 92243

Property Details for 102 Danenberg Dr

Lot size

26.80 AC

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

054-050-008-000

APU

54050008000

Description

This exceptional 26.8-acre land parcel presents a compelling investment opportunity in El Centro, California. Located at 102 W Danenberg Dr, 92243, this property boasts prime highway frontage and visibility along I-8, situated between Dogwood Rd. and S 4th St. Currently zoned Tourist Commercial (CT), it allows for diverse development options, including retail, hospitality, affordable housing, and mixed-use projects, all requiring a Conditional Use Permit (CUP) where applicable. The property's significant potential lies in its eligibility for rezoning to industrial use, aligning with regional growth trends and significantly expanding its versatility. Its flat terrain and adjacency to the Union Pacific Railroad, with the possibility of adding an on-site rail spur, further enhances its appeal. The strategic location offers excellent access to major transportation arteries, promising long-term value appreciation. Additional income streams could be generated from billboard advertising given its I-8 exposure. The asking price is $5,896,000, and the APN is 054-050-008. This property is within El Centro city limits in Imperial County. This is a rare opportunity to acquire a large, versatile tract of land with significant upside potential in a rapidly developing area.

• Alternative Use

  Use

  Valuation

  Residential

  $367,250,912

  Hospitality

  $336,399,872

  Educational

  $279,880,736

  Medical

  $289,506,272

  Retail

  $435,370,016

Location Insight

City

El Centro

County

Imperial

State

California

Latitude

32.7694

Longitude

-115.543

CBSA code

20940

CBSA name

EL CENTRO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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