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Lithium Valley 235 E. Main st 5,400 SF Industrial Building Calipatria, CA 92233 $496,000 ($91.85/SF)

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INVESTMENT HIGHLIGHTS

  • Limited Commercial Zone properties available.
  • Construction of the first large-scale direct lithium extraction plant in the U.S. began January 2024.
  • Calipatria is known as 'Lithium Valley' with new growth in the area.
  • Controlled Thermal Resources Holdings Inc.is spearheading the $1.85 billion project.

EXECUTIVE SUMMARY

The subject property represents 4,400 square feet of self-storage in 2 buildings. Another 1,000 square feet is located at the front of the property and is occupied by Napa Auto Parts. The Napa Auto Parts tenant has been at this location for many years and pays a monthly rental rate of $3,000 and continues a month-to-month tenancy. The property is situated on a site containing 1.34 acres (58,370 square feet) located at the southwest corner of East Main Street and South Railroad Avenue in Calipatria, California and zoned Commercial. .
The subject property represents 4,400 square feet of self-storage in 2 buildings. Another 1,000 square feet is located at the front of the property and is occupied by Napa Auto Parts. The Napa Auto Parts tenant has been at this location for many years and pays a monthly rental rate of $3,000 and continues as a month-to-month tenant. The property is situated on a site containing 1.34 acres (58,370 square feet) located at the southwest corner of East Main Street and West of Railroad Avenue in Calipatria, California. Zone is Commercial for this area. Limited Commercial Zone properties available. Calipatria is known as 'Lithium Valley' with new growth in the area. Construction of the first large-scale direct lithium extraction plant in the U.S. began January 2024 by Controlled Thermal Resources Holdings Inc who is spearheading the $1.85 billion project.

PROPERTY FACTS

Price $496,000
Price Per SF $91.85
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.34 AC
Rentable Building Area 5,400 SF
No. Stories 1
Year Built 1990
Zoning Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
023-321-029-000
Land Assessment
$28,688
Improvements Assessment
$197,562
Total Assessment
$226,250
  • Listing ID: 31482972

  • Date on Market: 4/11/2024

  • Last Updated:

  • Address: 235 E. Main st, Calipatria, CA 92233

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