Two-Story Office
New
For Sale
$4,190,000
1701 N Main St, Santa Ana, CA 92706
The layout can accommodate either one occupant or multiple office tenants.
Property Size12,460 SF
Lot Size0.88 Acres
Price / SF$336.28
Days on Market2
Property Features for 1701 N Main St
General Information
Standard status
Active
Size
12,460 SF
Net Rentable
12,460 SF
Lot size
0.88 Acres
Property subtype
CommercialSale
Zoning
C1-MD
Site & Location
Neighborhood
Madison Park
Additional Details
Property Use
Professional Office
Amenities
1
true
2
SeeRemarks
Assessor
ZeroToOneUnitAcre,CornerLot,Paved
Public
38333
0.88
12460
Building Details
Building Size
12,460 SF
Year Built
1977
Buildings
1
Stories
2
Listing Agency:
Superior Real Estate Group
(949) 880-5517
Listed By:
Duy Nguyen · License #02040539
(714) 895-2222
Source:
Bausley-realty
Added: Oct 30
Last Checked: Oct 30 at 9:45AM
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 Superior Real Estate Group
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Investment Insights
Based on property information with market context.
This two-story office property contains 12,460 square feet and was built in 1977. Its configuration can support either single-tenant or multi-tenant occupancy. The site encompasses 38,333 square feet, or approximately 0.88 acres, and is a paved corner lot.
Located at 1701 N Main St in Santa Ana, the property is described as having access to major thoroughfares. It is zoned C1-MD.
Located at 1701 N Main St in Santa Ana, the property is described as having access to major thoroughfares. It is zoned C1-MD.
Key Highlights
- 12,460‑square‑foot office building
- Two‑story property built in 1977
- 38,333‑square‑foot lot, approximately 0.88 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$225,429
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,508,580
$4.5M
Cap Rate 7%
$3,220,414
$3.2M
Cap Rate 9%
$2,504,767
$2.5M
Market Conditions
NOI Build-Up for 12,460 SF
Gross rent
$321.5K $25.80/SF
− Vacancy
−$20.9K −$1.68/SF
EGI
$300.6K $24.12/SF
− OpEx
−$75.1K −$6.03/SF
NOI
$225.4K $18.09/SF
Area
Santa Ana, CA
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,508,580
Cap Rate 7%
$3,220,414
Cap Rate 9%
$2,504,767
Alternative Uses
Best Use
Office B
$3.22M
$2.82M – $3.76M
NOI $225,429 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.21M
$3.68M – $4.91M
NOI $294,722 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
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Business Placement
Demographics for 92706, CA
35,621
Population
10,473
Households
3.4
Avg Household Size
35
Median Age
23%
College-Educated
69%
High-School Grad
3.5 sq mi
ZIP Area
10,177
Density / Sq Mi
$96,424
Median Household Income
$36,850
Median Earnings
$1,890
Median Rent
$839,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - The layout can accommodate either one occupant or multiple office tenants.
Where is this office building located?
The property is located at 1701 N Main St Santa Ana, CA.
What is the asking price?
The asking price for this property is $4,190,000.
What are key features of this property?
This property features: 12,460‑square‑foot office building; Two‑story property built in 1977; 38,333‑square‑foot lot, approximately 0.88 acres
