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114 Acres of Agricultural Land Offered at $1,250,000 in Calexico, CA 92231
Investment Highlights
- Highly productive ground previously farmed to organic vegetables
- Laser leveled in late 2020
- Efficient with almost full farmable acreage
- Above average water allocation : 713.6 AF (6.52 AF/AC)
- Strong in place lease rate
- Hwy 111 frontage and close proximity to Calexico city limits provides for future development potential
Executive Summary
Property Facts
| Price | $1,250,000 | Property Subtype | Agricultural |
| Sale Type | Investment | Total Lot Size | 114.00 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $1,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 114.00 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot Alder 22
| Price | $1,250,000 | Lot Size | 114.00 AC |
| Price Per AC | $10,965 |
| Price | $1,250,000 |
| Price Per AC | $10,965 |
| Lot Size | 114.00 AC |
Cushman & Wakefield is pleased to present the opportunity to acquire 114± acres of prime farmland. Historically, the property has been farmed to a mix of vegetables but is currently farmed to Bermuda grass.
Description
Ideally located along Highway 111 just north of the City of Calexico and within the boundary for public facilities from the unincorporated community of Heber, Alder 22 provides the perfect opportunity to pursue a Specific Plan that could include a mix of much needed housing, regional serving commercial, highway commercial and industrial. The property benefits from a favorable land use and Highway 111 frontage at a signalized interchange at the southeast corner, allowing for easy access and great visibility for the vehicle and truck traffic moving through the Calexico Port of Entry.
zoning
| Zoning Code | A-2-G-SPA (General Agriculture – Geothermal – Specific Plan Area Overlay) |
| A-2-G-SPA (General Agriculture – Geothermal – Specific Plan Area Overlay) |
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Matthew Davis -
Melanie Haynes -
Jared Gross -
Cushman & Wakefield
Presented by
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