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E Danenberg Rd - 240 Detached Townhomes 22.79 Acres of Residential Land Offered at $4,800,000 in El Centro, CA 92243
Investment Highlights
- Vested development site with recorded final map for 240 detached townhomes.
- Adjacent to Imperial Valley Mall and near a 300,000+ SF power center with national retailers.
- Surrounded by hotels, restaurants, and entertainment venues, enhancing residential appeal.
- Flexible entitlement options, including potential for up to 269 apartment homes.
- Excellent access to Interstate 8 and State Highway 111 for regional connectivity.
- Utilities available with no CFD or HOA currently in place.
Executive Summary
This 22.79-acre residential development site in El Centro, California, offers a vested opportunity for 240 detached townhomes with a recorded final map in place. The property is zoned R-2 (Variable Residential Zone) and allows for a maximum density of 12 dwelling units per net acre, with a minimum lot size of 7,200 square feet. Alternatively, the site can be re-entitled for up to 269 apartment homes under current zoning, providing flexibility for developers and investors.
Positioned immediately adjacent to the Imperial Valley Mall, the property benefits from proximity to a 750,000+ square foot regional shopping center anchored by Dillard’s, Macy’s, JCPenney, and Cinemark Theatres. The surrounding area includes a 300,000+ square foot power center, multiple national retailers, restaurants, and four major hotels, creating a vibrant mixed-use environment. Located just off Interstate 8 and one mile from State Highway 111, the site offers excellent connectivity throughout Imperial Valley and convenient access to regional destinations.
With rough, blue-topped grading completed, no CFD in place, and utilities available from the City of El Centro and Imperial Irrigation District, this property is well-positioned for immediate development.
Positioned immediately adjacent to the Imperial Valley Mall, the property benefits from proximity to a 750,000+ square foot regional shopping center anchored by Dillard’s, Macy’s, JCPenney, and Cinemark Theatres. The surrounding area includes a 300,000+ square foot power center, multiple national retailers, restaurants, and four major hotels, creating a vibrant mixed-use environment. Located just off Interstate 8 and one mile from State Highway 111, the site offers excellent connectivity throughout Imperial Valley and convenient access to regional destinations.
With rough, blue-topped grading completed, no CFD in place, and utilities available from the City of El Centro and Imperial Irrigation District, this property is well-positioned for immediate development.
Property Facts
1 Lot Available
Lot
| Price | $4,800,000 | Lot Size | 22.79 AC |
| Price Per AC | $210,618.69 |
| Price | $4,800,000 |
| Price Per AC | $210,618.69 |
| Lot Size | 22.79 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 054-530-043-000 | Improvements Assessment | $0 |
| Land Assessment | $23,674 | Total Assessment | $23,674 |
Property Taxes
Parcel Number
054-530-043-000
Land Assessment
$23,674
Improvements Assessment
$0
Total Assessment
$23,674
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E Danenberg Rd - 240 Detached Townhomes
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