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0 Sec E Gillett St & Cannon Rd, El Centro, CA 92243

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For Sale

$1,090,000

75.78 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 75.8 acres
    Lot size

Explore this Property

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.
MLS# 24457001IC

Courtesy Of Matthew Ryan Davis

(858) 334-4026

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    75.78 Acres

Map and Directions

Directions to 0 Sec E Gillett St & Cannon Rd, El Centro, CA 92243

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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