Property profile

14001 Newport Ave Tustin, CA 92780

OFF-MARKET
Commercial real estate
Property ID
US09-1695078
0.61 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional business opportunity presents a well-established vanity spa located at 14001 Newport Ave, Unit F, in the vibrant Tustin Old Town area of Tustin, California. The spa enjoys a prime location on a busy street, ensuring high visibility and consistent foot traffic. The current owner, operating successfully for many years, is retiring and offering this thriving business for sale at $90,000. This presents a unique chance for a new owner to step into a profitable and established enterprise. The spa's current configuration includes five massage rooms and a dedicated break room, all contributing to its efficient and productive operation. The business boasts a strong and demonstrably high net income, making it an attractive investment for ambitious entrepreneurs seeking a turnkey operation. Financial details are available upon request. This is a rare opportunity to acquire a well-regarded, profitable business in a desirable location, ready for immediate operation and poised for continued growth under new ownership. The established clientele and prime location provide a solid foundation for future success. Serious inquiries only. Don't miss this chance to own your own successful business in the heart of Tustin.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.61 ac (26,641 SF)
APN 401-641-11
UPID US09-1695078

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Gas Station
  • Restaurant Cafe & Coffee Shop
  • Restaurant
  • Spa & Massage Center Alternative Medicine Practice

Location

14001 Newport Ave Tustin, CA 92780-7829
Tustin metro Census 75505 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.40M

Owner & transaction history

since 2022
Last sale
$3.6M
7 recorded transactions
2022
$3.6M
2020
Price N/A
2016
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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