Address Not Available By Request

Description

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.