Community Commercial
New
For Sale
$1,350,000
1805 W 5th, Santa Ana, CA 92703
The city allows mixed-use development of up to seven stories on this commercially zoned parcel.
Property Size2,340 SF
Days on Market4
Property Features for 1805 W 5th
General Information
Standard status
Active
Size
2,340 SF
Property subtype
Mixed Use
Building Details
Building Size
2,340 SF
Listing Agency:
C-21 Astro
Listed By:
Mark Anthony Ruiz · License #01309245
(562) 924-3381
Source:
Altamirarealty
Added: Oct 18
Changed: Oct 21
Last Checked: Oct 21 at 2:36AM
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 C-21 Astro
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Investment Insights
Based on property information with market context.
This commercial land parcel carries a community commercial designation. The city permits mixed-use development up to seven stories; M1 and M2 uses are not allowed. The property is located at 1805 W 5th in Santa Ana, California.
Key Highlights
- Community commercial designation
- Mixed‑use development allowed up to 7 stories
- M1 and M2 uses are not allowed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,943
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,860
$758.9K
Cap Rate 7%
$542,043
$542.0K
Cap Rate 9%
$421,589
$421.6K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$66.0K $28.20/SF
− Vacancy
−$5.3K −$2.26/SF
EGI
$60.7K $25.94/SF
− OpEx
−$22.8K −$9.73/SF
NOI
$37.9K $16.22/SF
Area
ZIP 92703
Vacancy
8.00%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,860
Cap Rate 7%
$542,043
Cap Rate 9%
$421,589
Alternative Uses
Best Use
Mixed Use
$542.0K
$474.3K – $632.4K
NOI $37,943 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$677.3K
$592.6K – $790.2K
NOI $47,409 @ 7.0% cap · market cap 3.51%
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
1,109
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Commercial land - The city allows mixed-use development of up to seven stories on this commercially zoned parcel.
Where is this commercial land located?
The property is located at 1805 W 5th Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Community commercial designation; Mixed‑use development allowed up to 7 stories; M1 and M2 uses are not allowed
