Auto Repair
203 N Fairview, Santa Ana, CA 92703
For Sale
New
$2,800,000
M1 zoning applies, and the offering covers the real estate only, not the business.
Property Size8,080 SF
Price / SF$346.53
Days on Market6
Property Features for 203 N Fairview
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Automotive Uses
Real Estate Included
Building Details
Building Size
Listing Agency:
Stop Realty
Listed By:
Thong Vu · License CA #01971197
(949) 232-6339
Source:
Stephanieyounggroup
Added: Nov 8
Changed: Nov 10
Last Checked: Nov 12 at 2:02PM
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 Stop Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The auto repair property at 203 N Fairview in Santa Ana contains 8,080 square feet and carries M1 zoning. The sale is for the real estate; the business is not part of the offering.
Key Highlights
- 8,080‑square‑foot auto repair property
- M1 zoning
- Real estate sale; business not included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,094
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,601,880
$2.6M
Cap Rate 7%
$1,858,486
$1.9M
Cap Rate 9%
$1,445,489
$1.4M
Market Conditions
NOI Build-Up for 8,080 SF
Gross rent
$198.8K $24.60/SF
− Vacancy
−$12.9K −$1.60/SF
EGI
$185.8K $23.00/SF
− OpEx
−$55.8K −$6.90/SF
NOI
$130.1K $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%
$2,601,880
Cap Rate 7%
$1,858,486
Cap Rate 9%
$1,445,489
Alternative Uses
Best Use
Retail
$1.86M
$1.63M – $2.17M
NOI $130,094 @ 7.0% cap · market cap 4.65%
Second Best
Industrial
$1.49M
$1.31M – $1.74M
NOI $104,466 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,703 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
796
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 93%
Shops & Services 7%
Goodwill
Apparel
20,305 visits/mo
0.1 miles
CubeSmart Self Storage
Shops & Services
1,429 visits/mo
0.3 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
Market
Properties on Market for Auto shops in Orange County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Walmart Auto Care Centers — 3600 W McFadden Ave, Santa Ana, CA 92704
- Pro Japanese Auto Repair — 3617 W McFadden Ave, Santa Ana, CA 92704
- Taller Mecanico La Vida — 3626 W 1st St, Santa Ana, CA 92703
- Bat Jac Glass Co — 3605 W 1st St, Santa Ana, CA 92703
- A&G Tire Service Inc. — 3601 W 1st St, Santa Ana, CA 92703
Frequently Asked Questions
What type of property is this?
Auto shop - M1 zoning applies, and the offering covers the real estate only, not the business.
Where is this auto shop located?
The property is located at 203 N Fairview Santa Ana, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 8,080‑square‑foot auto repair property; M1 zoning; Real estate sale; business not included
