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E Danenberg Rd
El Centro, CA 92243
240 Detached Townhomes · Land For Sale · 22.79 AC

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Investment Highlights

  • Final Recorded Map in Place
  • Surrounded by Restaurant, Retail, Entertainment, and Medical Amenities
  • Immediately Adjacent to the Imperial Valley Mall

Executive Summary

The subject property presents a unique opportunity to build 240 detached townhomes immediately adjacent to the Imperial Valley Mall. Alternatively, a Buyer can re-entitle the property for up to 269 apartment homes under current zoning.
The Imperial Valley Mall is a 750,000+ SF regional mall built in 2005 and anchored by: Dillard’s, Macy’s, JCPenny, and Cinemark Theatres. Also surrounding the mall are 4 hotels, a 300,000+ SF power center, and a variety of restaurants, retail, entertainment, and medical.
The property is located just off Interstate 8 and only a mile from State Highway 111, thus offering a central location within Imperial Valley and convenient access to all points in the county.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 22.79 AC
Cross Streets South Dogwood Rd
Opportunity Zone Yes
Zoning R-2 - Variable Residential Zone. 12 du/ net acre

1 Lot Available

Lot

Price $4,800,000
Price Per AC $210,618.69
Lot Size 22.79 AC

Property Taxes

Property Taxes

Parcel Number
054-530-043-000
Land Assessment
$23,674
Improvements Assessment
$0
Total Assessment
$23,674
  • Listing ID: 39404453

  • Date on Market: 3/22/2019

  • Last Updated:

  • Address: E Danenberg Rd, El Centro, CA 92243

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