Search Land - Mixed-Use Development Opportunity

Mixed-Use Development Opportunity

price

$4,150,179|Listed: Sep 24, 2023

MLS#1150876

location

La Brucherie Rd, El Centro, Imperial County, California

Status:Under Contract

Google Map

Property Type

  • Acreage

Acreage

38.11 acres

County

Imperial, California

Format

Sale

Features

  • Electricity
  • Development Potential
  • Water Rights

Description

Cushman & Wakefield is pleased to offer 2204 - 2208 La Brucherie Rd, a mixed-use development opportunity within the growing city of El Centro. The property sits within a Mixed-Use Overlay zone which allows for multifamily development, including high-medium to higher density apartment, condominium, town house, duplex and triplex dwellings. The property also within a general commercial zone where permitted uses include, but are not limited to, eating and drinking establishments such as bars, cafes, fast-food restaurants with drive-through and drive-in service, and other commercial uses such as large-scale shopping districts, office, and light services.

Property Type: Land

Zoning: CG, MU2 Overlay

APN: 064-450-075, 064-450-076

Mixed-Use overlay allows for multifamily development up to 30 units per acre increased up to a 38 units per acre with a density bonus for senior housing development

General Commercial zoning allows for a variety of commercial and retail uses including large-scale shopping districts, restaurants with drive-through service, medical and professional office and light services

Existing infrastructure improvements and canals already underground reduces site development cost and time to market

Nearby businesses include grocery stores, shopping centers, parks and major retailers such as Wal-Mart and Costco

*Seller will consider offers on all or part

For more property info visit: https://www.crexi.com/properties/1159340/california-mixed-use-development-opportunity

Listing Agent

img

Matt Davis

Co-Op Member Owner

company

Cushman & Wakefield

location

San Diego

Co-op approved lenders in Imperial County, California:
Farm Credit
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