Scan with Smart

Phone Camera

Alder 70

United States /California, SEC E Gillett St & Cannon Rd, 92243, 80.214

Listing ID :

62065833

MLS ID :

1245873

Acres :

80.214 Acres
$1,090,000

View Agent's Properties and Profile:

Matt Davis

Contact Seller

Property Description

80± acres of highly productive farmland located in El Centro. The property benefits from an existing lease with strong in-place income from a reputable tenant. Alder 70 is within the City of El Centro’s sphere of influence and offers potential upside from future development.

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.

Property is currently leased through June 2026; however, lease buyout may be an option.

Basic Details

Property Types:

Agriculture Business, Farm

Listing Type:

For Sale

Listing ID:

62065833

Price:

$1,090,000

Acres:

80.214 Acres

Address Map

Country:

United States

State:

California

County:

Imperial

City:

El Centro

Latitude:

32.791353112242284

Longitude:

-115.50321578979494

Street Address:

SEC E Gillett St & Cannon Rd