Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Freestanding Building in Business Park Title is generated by Realmo AI

    1516 Brookhollow Drive, Santa Ana, CA 92705

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    13,084 SF building in Santa Ana near freeways.

    Type:Office
    Property size:
    13,084 SF
    Added:
    Mar 25, 2026
    Days on Market:
    49
    Last Refresh:
    Mar 18 at 9:26 am

    Property Features for 1516 Brookhollow Drive

    General Information

    Standard status
    Active
    Size
    13,084 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Ross Fippinger

    Listing agent Ross Fippinger License #01450571

    Listing office CBRE

    Listing date Mar 25, 2026

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE

    HighLights

    • ±13,084 SF Freestanding Building
    • 1 Minute to the 55 & 5 Freeways
    • Zoning Allows for Multiple Uses
    • Investment or Owner‑User Sale
    • 3.5:1 Car Parking
    • Costa Mesa (55) Freeway Visibility

    Overview

    This is a freestanding building with ±13,084 square feet of space, situated within a well-maintained business park. The zoning allows for multiple uses. The property includes parking at a ratio of 3.5:1 cars. It is located one minute from the 55 and 5 freeways and has visibility from the Costa Mesa (55) Freeway. This property is available for investment or owner-user sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Grove Recovery Community Medical Clinic Ministerios Pentecostes Alto ... Church

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.8482926
    Latitude
    33.7148762

    Nearby Similar for Sale

    • $565,000
      720 SF

      Santa Ana Commercial Investment Opportunity

      Profitable commercial property with long-term tenant in Santa Ana.
      1610 S Standard Avenue, Santa Ana, CA 92707
      View Details
    • $4,295,000
      16,290 SF

      Freestanding Commercial Building in Santa Ana

      Two-story, 16,290 SF building on 0.81-acre lot.
      2215 N Broadway, Santa Ana, CA 92706
      View Details
    • $1,250,000
      2,494 SF

      Santa Ana Medical Office Building

      Commercial medical office building in Santa Ana, California for sale.
      1126 N Flower Street, Santa Ana, CA 92703
      View Details
    • $439,900

      Santa Ana Commercial Property Opportunity

      High-value commercial property in Santa Ana's desirable business district.
      606 S Main Street, Santa Ana, CA 92701
      View Details
    • $799,000
      1,296 SF

      Renovated Duplex in Historic Neighborhood

      Turnkey duplex in Santa Ana's Heninger Park neighborhood.
      604 S Van Ness Avenue, Santa Ana, CA 92701
      View Details
    • $1,029,000
      2,400 SF

      Santa Ana Duplex with Potential

      Two homes on a large lot near shopping and freeways.
      2114 Orange Avenue, Santa Ana, CA 92707
      View Details
    • $899,000
      1,933 SF

      Santa Ana Legal Duplex

      Legal duplex in Santa Ana, ideal for owner-occupancy or investment.
      2525 W 10th, Santa Ana, CA 92703
      View Details
    • $430,000
      20,000 SF

      Remodeled Office Condo For Sale

      Remodeled office condo in Santa Ana, great for owner/user.
      960 W 17th, Santa Ana, CA 92706
      View Details
    • $1,099,999
      1,878 SF

      Income Producing Duplex in Santa Ana

      Dual residence property with cash flow and long-term upside.
      412 E Camile, Santa Ana, CA 92701
      View Details
    • $1,125,000
      2,820 SF

      Santa Ana Triplex with Garages

      Well-located Santa Ana triplex featuring detached garages and laundry hookups.
      2301 S. Center Street, Santa Ana, CA 92704
      View Details
    • $1,535,000
      3,272 SF

      Santa Ana Fourplex Investment Opportunity

      Fully occupied fourplex in Santa Ana's historic Wilshire Square.
      1405 S Broadway, Santa Ana, CA 92707
      View Details
    • $975,000
      1,475 SF

      Remodeled Duplex in Floral Park

      Updated duplex in Santa Ana's historic Floral Park neighborhood.
      1806 N Ross, Santa Ana, CA 92706
      View Details

    FAQs

    What type of property is this?
    Office building - 13,084 SF building in Santa Ana near freeways.
    Where is this office building located?
    The property is located at 1516 Brookhollow Drive Santa Ana, CA.
    What are key features of this property?
    This property features: ±13,084 SF Freestanding Building; **1 Minute to the 55 & 5 Freeways**; Zoning Allows for Multiple Uses
    (949) 725-8481
    We can help!
    Listing Contact
    Ross Fippinger
    Real Estate License ID: 01450571
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1516 Brookhollow Drive, Santa Ana, CA, 92705
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!