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Sherman & Boone Commercial

249 W Highway 98 - Remington Condominiums 17.14 Acres of Residential Land Offered at $1,950,000 in Calexico, CA 92231

249 W Highway 98, Calexico, CA for sale - Building Photo - Image 1 of 3
249 W Highway 98, Calexico, CA for sale - Site Plan - Image 2 of 3
249 W Highway 98, Calexico, CA for sale - Site Plan - Image 3 of 3
Sherman & Boone Commercial

INVESTMENT HIGHLIGHTS

  • FINAL MAP!!

EXECUTIVE SUMMARY

PRICE REDUCED!! APPROVED FINAL MAP! Phase 1 is recorded and construction underway, while offsite improvements are completed, as far as we know. Two remaining Phases available. The Remington Development in Calexico is a RECORDED 272 two story condo project. This offering is for the remaining 144 units. Scheduled for construction: Private gardens, assigned covered parking, a landscape retention basin park, swimming pool with cabana, tennis court and a children's play area.
The project is located at the south of Highway 98/Birch Street and approximately 1,000 feet east of Kloke Road. Very close to the East Port of Entry to Mexico.

ATTACHMENTS

REMINGTON MASTER SITE PLAN 9-21-2021
FINAL MAP REC Remington Subdivision Unit No 2 Final Map Recorded
144 Units - Remington
Remington Condo's Recreation Area 8-10-20

PROPERTY FACTS Under Contract

Price $1,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units - Condo
Total Lot Size 17.14 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price $1,950,000
Price Per AC $113,768.96
Lot Size 17.14 AC

Level Land. Offsite improvements under construction. Price reduced to reflect Phase 1 escrow. Balance of 144 Units with some onsites completed.

DESCRIPTION

Level

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CONTACTS

  • Martin Boone
    Martin Boone
  • Kimberlee Kay
    Kimberlee Kay
  • Sherman & Boone Commercial Sherman & Boone Commercial

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  • Listing ID: 3917321

  • Date on Market: 10/4/2012

  • Last Updated:

  • Address: 249 W Highway 98, Calexico, CA 92231

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249 W Highway 98 - Remington Condominiums

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Sherman & Boone Commercial
(831) 464-5021 x

249 W Highway 98 - Remington Condominiums

Martin Boone

Kimberlee Kay

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249 W Highway 98 - Remington Condominiums 17.14 Acres of Residential Land Offered at $1,950,000 in Calexico, CA 92231

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249 W Highway 98, Calexico, CA for sale Building Photo- Image 1 of 4
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249 W Highway 98, Calexico, CA for sale Site Plan- Image 2 of 4
Site Plan
249 W Highway 98, Calexico, CA for sale Site Plan- Image 3 of 4
Site Plan

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