208-649-4223
3505 US Highway 111, Imperial, CA for Sale
Industrial LAND - FOR SALE
1/6
6,969,600 SF

3505 US Highway 111
Imperial, CA 92251


HIGHLIGHTS

  • Three parcels, each entitled for up to 49.9 MW behind the meter under the Mesquite Lake Specific Plan.
  • Two 25 MW substations are located on the property.
  • 92 kV transmission lines run on or adjacent to the site. No interconnection agreement is currently in place.
  • Approximately 15,000 acre-feet of industrial water available to support the site.
  • A 24-inch natural gas line currently exists and is delivered to the property, with a will-serve letter from Southern California Gas Company (SoCal Gas
  • De-risked development. The building permit will be secured to reduce development risk for a buyer; once issued, it can be transferred and/or modified

OVERVIEW

A detailed valuation is available upon request. The Mesquite Lake I-3 (MLI-3) land use designation is for the most intense, heaviest type of manufacturing, processing, or fabrication facilities. It also allows "permitted" uses from the MLI-1 and MLI-2 categories, provided they are compatible and meet the standards of the plan. Processing or fabrication in these areas is allowed to be conducted entirely within a building or outside of a building, provided the facility does not emit fumes, odors, dust, smoke, or gas beyond the confines of the property upon which the activity occurs, nor produce significant levels of noise or vibration beyond the perimeter of the site. Certain specified agricultural uses would also be permitted. Property suitable for data centers, industrial refrigeration, power production and most other heavy industrial zoning use. Production tax credits, carbon tax credits and investment tax credits available. •Power capacity entitled under the Specific Plan. Three parcels, each entitled for up to 49.9 MW behind the meter under the Mesquite Lake Specific Plan. •On-site electrical infrastructure. Two 25 MW substations are located on the property. •Adjacent transmission. 92 kV transmission lines run on or adjacent to the site. No interconnection agreement is currently in place. •Industrial water. Approximately 15,000 acre-feet of industrial water available to support the site. •Natural gas. A 24-inch natural gas line currently exists and is delivered to the property, with a will-serve letter from Southern California Gas Company (SoCal Gas) in hand. •Equipment lined up. Bids in hand from Caterpillar to supply engines for power generation. •Building underway. A bid is being finalized for a 250,000 square-foot building; building permits will be submitted as soon as the remaining documents are gathered. •De-risked development. The building permit will be secured to reduce development risk for a buyer; once issued, it can be transferred and/or modified to fit the buyer’s specific use. •Connectivity nearby. Fiber is in close proximity to the site. •Tax efficiency. Up to 40% federal Investment Tax Credit (ITC) credits are currently available on certain new equipment. The site sits within the Mesquite Lake Specific Plan, an area the County originally built around the two existing — but currently idle — biomass power plants on the property. The surrounding region has experienced limited economic activity for decades due to constraints on power infrastructure, and the local community is eager for the job opportunities a redevelopment would bring. The Specific Plan accommodates a broad range of heavy industrial uses.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial, Distribution, Industrial Park, Power Center, Refrigeration/Cold Storage, Utility Sub-Station, Warehouse, Agricultural, Agribusiness, undefined

LAND ACRES

160 AC

LAND SF

6,969,600 SF

OFFSITE IMPROVEMENTS

Water, Gas

ZONING

MI3

APN/PARCEL ID

040-370-008-000,040-370-010-000,040-370-011-000

ASK ABOUT THIS PROPERTY

Nickolas BradleyLPT RealtyMore Info
208-649-4223

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Nickolas BradleyLPT RealtyMore Info
208-649-4223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.