Listing by Olivia Zhao #13

Listing by Olivia Zhao #13


320 AC, Vacant land – $0.79/SF.

4 Aten Rd., Imperial, CA 92251

GG 17

Agricultural Property For Sale

Price:
$11,000,000
Lot Size:
320 AC
Property Type:
Agricultural
Property Sub-type:
Agricultural
Listing ID
18122217
Last Updated
15 days ago

Utilities

  • Electricity/Power
  • Irrigation
  • Water
  • Gas/Propane

1 Lot Available

Lot 1

  • $11,000,000
  • 320 AC
  • $34,375
  • Agricultural
  • 044-200-024

Description

Investment Highlight:

*For EB-5 Program, The subject property consists of 320 Gross Acres of Agricultural Land, currently suitable and qualifies for multiple EB-5 applications.
*Subject land, the largest vacant land, is available in California today. It’ s closed by the board with Mexico
*The Subject property can be built with 2000 residential houses and subject property is surrounded withal the new residential contractions. There are several new home subdivisions being built in the City of El Centro and the City of Imperial. There are several new residential developments approximately 2 miles west of the subject property.
* Conventional utilities are available including water, sanitary sewer and electricity with in this unincorporated area
* Irrigation water comes from the Colorado River via canals, which flows beside the property. Sophisticated water management and usage techniques are being used to maximize utilization.
*The Appraisal Report in 2006 shows that the unentitled value is $15,209,000, and to be $25,895,000 after the entitlement.

Location Description:

” The subject is located in the unincorporated area of Imperial County just outside of the City of Imperial.
” This location is approximately 275 miles east of Los Angeles’ metropolitan center,
” 200 miles east of San Diego County’ s beaches,
” 215 miles southeast of Santa Ana (the County Seat of Orange County) and
” 200 miles southeast of San Bernardino (the County Seat of San Bernardino County),
” 115 miles east of Riverside (the County Seat of Riverside County), and
” 220 miles west of Phoenix, Arizona.
” The Imperial County Municiple Airport, Salton City Municiple Airport, Interstate Freeway 8, State Highway 86 and State Highway 111 accommodate transportation into the Imperial Valley. Recent completion of the improvement of the north/south highway system will increase the level of business in the valley as a major intersection of north/south commercial traffic out of Mexico.

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