Santa Ana Commercial
For Sale
$1,600,000
1421 N Harbor Boulevard, Santa Ana, CA 92703
Prime commercial property with future development potential in Santa Ana.
Property Size2,877 SF
Price / SF$556.13
Days on Market316
Property Features for 1421 N Harbor Boulevard
General Information
Standard status
Active
Size
2,877 SF
Building Details
Year Built
1964
Listing Agency:
L.S. Gateway Realtors
Listed By:
Holly Nguyen · License #01489052
(714) 894-3477
Source:
Myfabuloushome
Added: Nov 28, 2025
Changed: Sep 13
Last Checked: Oct 7 at 3:43PM
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 L.S. Gateway Realtors
Investment Insights
Based on property information with market context.
This commercial property in Santa Ana, currently used as an auto service facility, offers future development potential. The building size is 2,877 square feet, situated on a lot exceeding 15,000 square feet. It is located in an area zoned under the SP2 Plan Santa Ana - Harbor Mixed-Use Transit Corridor Specific Plan. The SP2 Plan encourages development aligning with transit investment, presenting opportunities for retail stores, restaurants, office buildings, hotels, and various housing options. The property's value lies primarily in the land and its potential for future development. Planned transit and infrastructure improvements are expected to increase the attractiveness of the environment. The current auto service business is not included in the sale but may be negotiable.
Key Highlights
- Large 15,000+ SF lot size offers significant development potential.
- Zoned SP2 Plan Santa Ana - Harbor Mixed‑Use Transit Corridor Specific Plan, allowing for diverse development options.
- Prime commercial location in Santa Ana with future development potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,322
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,440
$926.4K
Cap Rate 7%
$661,743
$661.7K
Cap Rate 9%
$514,689
$514.7K
Market Conditions
NOI Build-Up for 2,877 SF
Gross rent
$70.8K $24.60/SF
− Vacancy
−$4.6K −$1.60/SF
EGI
$66.2K $23.00/SF
− OpEx
−$19.9K −$6.90/SF
NOI
$46.3K $16.10/SF
Area
ZIP 92703
Vacancy
6.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,440
Cap Rate 7%
$661,743
Cap Rate 9%
$514,689
Alternative Uses
Best Use
Retail
$661.7K
$579.0K – $772.0K
NOI $46,322 @ 7.0% cap · market cap 2.90%
Second Best
Industrial
$531.4K
$465.0K – $620.0K
NOI $37,197 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$832.7K
$728.6K – $971.5K
NOI $58,289 @ 7.0% cap · market cap 3.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
76k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 41%
Electronics 1%
McDonald's
Dining
33,826 visits/mo
0.2 miles
76
Shops & Services
16,042 visits/mo
0.2 miles
7-Eleven
Shops & Services
6,646 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
6,273 visits/mo
0.3 miles
Los Tapatios
Dining
4,386 visits/mo
0.4 miles
Demographics for 92703, CA
65,621
Population
14,644
Households
4.5
Avg Household Size
34
Median Age
13%
College-Educated
60%
High-School Grad
4.2 sq mi
ZIP Area
15,624
Density / Sq Mi
$80,817
Median Household Income
$33,363
Median Earnings
$1,922
Median Rent
$585,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Zaid tires — 201 N Harbor Blvd #3336, Santa Ana, CA 92703
- B C Advance Auto Repair — 308 N Harbor Blvd B, Santa Ana, CA 92703
- Khoa's Auto Service (Repair) — 321 N Harbor Blvd, Santa Ana, CA 92703
- California Concept — 301 N Harbor Blvd, Santa Ana, CA 92703
- Supreme Tires — 201 N Harbor Blvd #3336, Santa Ana, CA 92703
Frequently Asked Questions
What type of property is this?
Auto shop - Prime commercial property with future development potential in Santa Ana.
Where is this auto shop located?
The property is located at 1421 N Harbor Boulevard Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Large 15,000+ SF lot size offers significant development potential.; Zoned SP2 Plan Santa Ana - Harbor Mixed‑Use Transit Corridor Specific Plan, allowing for diverse development options.; Prime commercial location in Santa Ana with future development potential.
