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Cleveland Ave & E. Cole Rd 76 Acres of Commercial Land Offered at $9,750,000 in Calexico, CA 92231
INVESTMENT HIGHLIGHTS
- Mass Grading Completed for Entire Site
- 2 10’ Meters Installed
- 72 Lots are Finished with Roads Complete
- Product can be Changed to all Mobile Homes or Single Family
EXECUTIVE SUMMARY
PROPERTY FACTS In Escrow
| Price | $9,750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 76.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MHP | ||
| Price | $9,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 76.00 AC |
| Opportunity Zone |
Yes |
| Zoning | MHP |
1 LOT AVAILABLE
Lot
| Price | $9,750,000 | Lot Size | 76.00 AC |
| Price Per AC | $128,289.47 |
| Price | $9,750,000 |
| Price Per AC | $128,289.47 |
| Lot Size | 76.00 AC |
The mobile home park has the 1st phase (total of 4 phases for 465 units) of 72 units and the clubhouse ready with installed sewer, water, power, and dry utilities ready to go vertical. Currently 4 home plans are permitted.
DESCRIPTION
The property is located in the City of Calexico in the County of Imperial and is just north of Highway 98. The site is positioned at the northeast corner of G. Cleveland Avenue & E. Cole Road. Surrounded by upcoming residential and retail development, this site will be an ideal acquisition target for developers, builders, or investors ready to capture future demand for commercial space.
PROPERTY TAXES
| Parcel Number | 059-170-005-000 | Improvements Assessment | $1,266,969 |
| Land Assessment | $3,476,113 | Total Assessment | $4,743,082 |
PROPERTY TAXES
Presented by
Cleveland Ave & E. Cole Rd
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