A 1.14-acre lot offers a small gated community concept for new residential development in Calexico City, ideal for building homes. The location is excellent, near El Centro Regional Medical Center, banks, restaurants, and more. These lots are R1, plus, and are located in an Opportunity Zone, which offers tax benefits for both investing and rental income. A potential bonus density is available upon Calexico's approval. Calexico City is the fastest-growing city in the Imperial Valley, with a median income of $85,000. The (3) front lots are 8,760 square feet each, and the fourth lot at the end is 23,540 square feet, approximately half an acre. The front lot has prepaid utilities. The seller is open to all offers and can finance up to 35% down with a short-term loan or lease the land for a 30-year term.
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