Mixed-Use Development Opportunity
Land | 18.45 acres
Marketing description
Cushman & Wakefield is pleased to offer 2204 - 2208 La Brucherie Rd, an 18± acre mixed-use development opportunity within the growing city of El Centro. The property sits within a Mixed-Use Overlay zone which allows for multifamily development, including high-medium to higher density apartment, condominium, town house, duplex and triplex dwellings. The property also within a general commercial zone where permitted uses include, but are not limited to, eating and drinking establishments such as bars, cafes, fast-food restaurants with drive-through and drive-in service, and other commercial uses such as large-scale shopping districts, office, and light services.
Investment highlights
Mixed-Use overlay allows for multifamily development up to 30 units per acre increased up to a 38 units per acre with a density bonus for senior housing development
General Commercial zoning allows for a variety of commercial and retail uses including large-scale shopping districts, restaurants with drive-through service, medical and professional office and light services
Existing infrastructure improvements and canals already underground reduces site development cost and time to market
Nearby businesses include grocery stores, shopping centers, parks and major retailers such as Wal-Mart and Costco
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