This 22.79-acre residential development site in El Centro, California, offers a vested opportunity for 240 detached townhomes with a recorded final map in place. The property is zoned R-2 (Variable Residential Zone) and allows for a maximum density of 12 dwelling units per net acre, with a minimum lot size of 7,200 square feet. Alternatively, the site can be re-entitled for up to 269 apartment homes under current zoning, providing flexibility for developers and investors. Positioned immediately adjacent to the Imperial Valley Mall, the property benefits from proximity to a 750,000+ square foot regional shopping center anchored by Dillard’s, Macy’s, JCPenney, and Cinemark Theatres. The surrounding area includes a 300,000+ square foot power center, multiple national retailers, restaurants, and four major hotels, creating a vibrant mixed-use environment. Located just off Interstate 8 and one mile from State Highway 111, the site offers excellent connectivity throughout Imperial Valley and convenient access to regional destinations. With rough, blue-topped grading completed, no CFD in place, and utilities available from the City of El Centro and Imperial Irrigation District, this property is well-positioned for immediate development.