120 Ross AveEl Centro, CA 92243

  • Outlet malls
  • 4.65 AC
For Lease
$6.60/SF/YR View listing

Property Details for 120 Ross Ave

Lot size
4.65 AC
Property type
Outlet malls
APN
053-312-059-000
APU
53312059000

Description

This expansive industrial warehouse, located at 120 E Ross Ave, El Centro, CA 92243, offers 169,981 square feet of space on a 7-acre lot in Imperial County. Built in 1966, the single-story building features a 20-foot ceiling height, making it ideal for various industrial uses. The property boasts excellent access with 4 dock-high doors and 18 drive-in doors, complemented by ample parking for 60 vehicles. Currently configured as a single suite, the property is adaptable to multiple tenants. The owner is willing to subdivide the space to accommodate various needs, with unit sizes ranging from approximately 2,000 to 83,281 square feet. The property's history includes long-term leases with tenant improvements, and the owner will cover real property taxes. This presents a unique opportunity for businesses seeking a large, flexible industrial space in a strategic location. The property's size and features make it suitable for a wide range of industrial applications. The flexibility offered by the owner regarding lease terms and space division makes this a highly attractive investment opportunity. Contact us today to learn more about this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $81,834,944
    6.5%
    $75,539,952
    7%
    $70,144,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $89,541,976
    Geo Method
    $179,658,192
  • Alternative Use

    Use
    Valuation
    Residential
    $63,720,772
    Hospitality
    $58,367,884
    Educational
    $48,561,396
    Medical
    $50,231,496
    Retail
    $75,539,952

Location Insight

City
El Centro
County
Imperial
State
California
Latitude
32.7847
Longitude
-115.543
CBSA code
20940
CBSA name
EL CENTRO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,742
$212,680
$387,320
$600,000
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-
-
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