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- LoopNet Team
SEC E Gillet St
El Centro, CA 92243
Alder 70 · Land For Sale
·
80.21 AC
INVESTMENT HIGHLIGHTS
- 75± net acres of highly productive organic farmland
- 425.2 AF (5.89 per IID farmable acre) of irrigation water allocated under the 2023 Equitable Distribution Plan (EDP)
- Proximity to the City of Calexico and community of Heber and frontage on Hwy 111 provide for future development potential
- Strong income from existing lease
- Ideally located on Highway 111
- Laser leveled in late 2020
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 80.21 AC |
| Property Subtype | Agricultural | Cross Streets | Cannon Rd |
| Zoning | A2U - General Agriculture – Urban | ||
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 80.21 AC |
| Cross Streets | Cannon Rd |
| Zoning | A2U - General Agriculture – Urban |
DESCRIPTION
Cushman & Wakefield is pleased to present the opportunity to acquire farmland in the heart of Imperial County. Alder 70 has been historically, and is currently, farmed to organic vegetables. Alder 70 is within the City of El Centro sphere of influence and could be developed consistent with the Low Density Residential land use designation once annexed into the City. The site is located within an Opportunity Zone and is close to future commercial developments which include a Maverik Gas Station and convenience store. Additionally, the site benefits from easy access to Highway 111 and Interstate 8 from Ross Rd and Evan Hewes Highway. Please visit the property listing site https://www.crexi.com/properties/825396/california-alder-70 for more informatin.
PROPERTY TAXES
| Parcel Number | 054-290-004-000 | Improvements Assessment | $48,980 |
| Land Assessment | $790,890 | Total Assessment | $839,870 |
PROPERTY TAXES
