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450 W Wall Rd - Residential Apartment Development

21.85 Acres of Residential Land Offered at $7,614,288 in Imperial, CA


EXECUTIVE SUMMARY

21.85 acres of mixed use undeveloped property that includes 5.33 acres of commercial (C1) zone (APN 064-351-011), 11.22 acres (APN 064-351-017) RA zone and 5.30 acres (APN 064-431-004) RA zone, a total of 16.52 acres of residential (RA) apartment zone, city zone allows 30 units per acre. This rare, oversized infill parcel is ideally situated in the City of Imperial that enjoys an annual growth rate of 3.8% (9th in the state). The city is known for its school district system, small town family atmosphere , Market Days, Christmas in a Small Town, the county fair and many other events attended by people from

all parts of the county. Just 2 blocks south of this property is a major shopping area in the city of El Centro that includes WalMart Super Center, Target, Lowe's, Wendy's, Taco Bell, Cardenas Supermarket, Food4Less, Jack in the Box, Ross Dress for Less, Petsmart, Chase Bank, dental & medical offices and many other dining and shopping areas. Wall Rd is a connector to major roads including La Brucherie Rd, Aten Rd, Hwy 86.


Details:

  • Price: $7,614,288
  • Sale Type: Investment or Owner User
  • No. Lots: 1
  • Property Type: Land
  • Property Subtype: Residential
  • Proposed Use: Commercial
  • Total Lot Size: 21.85 AC
  • Opportunity Zone: No
  • Price Per AC: $348,480

Ready to help you.

Pat Seay - Real State Services.

1224 W State St. Ste. F El Centro, CA 92243

760-562-1436

patseay@roadrunner.com

Fax Number: (760) 111 - 1111

© Pat Seay 2022