I-8 Development Opportunity
Lease Options Considered
Lease Options Considered
26.8 AC Commercial/Industrial Land
102 Danenberg Dr | El Centro, CA
The Offering
Property Details
- Address: 102 Danenberg Rd, El Centro, CA 92243
- APN: 054-050-008
- Lot Size: 26.8 acres
- Zoning: Tourist Commercial (CT) (potential for rezoning to Industrial)
- Utilities: All utilities believed to be at the site
- Price: $5,896,000
Overview
I-8 Development Opportunity is 26.8-acres adjacent to I-8 between the two major thoroughfares of Dogwood Rd. and S 4th St. Currently zoned for commercial use, the property offers the opportunity to develop to retail, hospitality, affordable housing, or mixed-use projects. Notably, there is significant potential for a strategic zone change to industrial, aligning with regional growth trends and expanding the property’s versatility. Its proximity to major transportation arteries enhances market appeal, making it an attractive prospect for developers seeking long-term value appreciation in a dynamic market.
Property Highlights
• Located within El Centro city limits
• Highway frontage and visibility
• Tourist commercial zoning allows for a variety of uses including but not limited to hotels, retail, freeway-oriented business, restaurants, automotive sales, and multifamily (CUP required)
• Adjacent to Union Pacific Railroad with potential to add a rail spur on site
• Property is generally level
• Potential for additional income from billboard with I-8 exposure
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