2101 Imperial AveEl Centro, CA 92243

Property Details for 2101 Imperial Ave

Lot size

1.38 AC

Property type

Retail properties

Property subtype

Retail space

APN

044-620-020-000

APU

44620020000

Description

This exceptional 13,800-square-foot retail space is ideally situated at 2101 Imperial Avenue in El Centro, California, within Imperial County. The property is a single-tenant building, offering a blank canvas for a wide range of commercial ventures. With its substantial size, the space presents significant opportunities for businesses seeking a prominent location in a growing market. The entire 13,800 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's address is easily accessible, boasting high visibility and ample space for customer parking (parking details not provided). Located in the vibrant city of El Centro, this retail space benefits from a strategic position within a bustling commercial area, offering excellent exposure to a significant customer base. The property is categorized as a commercial retail space, suitable for a variety of uses, subject to local zoning regulations. The zip code for this prime location is 92243. This presents a unique chance to establish a thriving business in a dynamic and rapidly developing area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding lease terms and conditions are available upon request. The property is located at 32.812573 latitude and -115.5694707 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $24,286,176

  6.5%

  $22,418,010

  7%

  $20,816,722

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,573,394

  Geo Method

  $53,317,204

• Alternative Use

  Use

  Valuation

  Residential

  $18,910,430

  Hospitality

  $17,321,852

  Educational

  $14,411,577

  Medical

  $14,907,214

  Retail

  $22,418,010

Location Insight

City

El Centro

County

Imperial

State

California

Latitude

32.8131

Longitude

-115.568

CBSA code

20940

CBSA name

EL CENTRO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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