Mixed-Use Development Opportunity

38.11 Acres of Commercial Land Offered at $4,150,179 USD in El Centro, CA 92243

Asking Price $4,150,179

Property Type: Land

Listing Contacts

Matthew Davis

Verified Profile

Melanie Haynes

Verified Profile

Property Info

Property Overview

The Mixed-Use Overlay zone allows for multifamily development, including high-medium to higher density apartment, condominium, town house, duplex and triplex dwellings. General commercial permitted uses include,
but are not limited to, eating and drinking establishments such as bars, cafes, fast-food restaurants with drive-through and drive-in service, and other commercial uses such as large-scale shopping districts, office, and light
services.

Property Details

Property Subtype: Commercial

Highlights

Mixed-Use overlay allows for multifamily development up to 30 units per acre increased up to a 38 units per acre with a density bonus
General Commercial zoning allows for a variety of commercial and retail uses
Existing infrastructure improvements and canals already underground reduces site development cost and time to market
Nearby businesses include grocery stores, shopping centers, parks and major retailers such as Wal-Mart and Costco

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