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Commercial Land with Existing Improvements
New
For Sale
$3,950,000

2302 Newport Boulevard, Costa Mesa, CA 92627

C1-zoned parcel with an existing commercial occupant and potential for continued use.

Property Size1,800 SF
Days on Market3

Property Features for 2302 Newport Boulevard

General Information

Standard status Active
Size 1,800 SF
Property subtype Mixed Use

Building Details

Building Size 1,800 SF
Listing Agency: Arbor Real Estate
Listed By: Stephanie Peterson · License #01984954
Source: Altamirarealty
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 4:59PM

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 Arbor Real Estate

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Investment Insights

Based on property information with market context.

This 17,860-square-foot commercial parcel, approximately 0.41 acres, is improved with the existing Feed Barn and carries C1 (Local Business) zoning. The current occupant may remain for up to 24 months, allowing for continued commercial use during that period.

Located on Newport Boulevard in Costa Mesa, the property falls within the city’s Measure K corridor. Residential or mixed-use development may be considered subject to zoning requirements, entitlements, and City approvals. The property is also described as minutes from Newport Beach, the 55 Freeway, The Triangle, South Coast Plaza, and John Wayne Airport.

Key Highlights

  • 17,860 square feet of land, approximately 0.41 acres
  • C1 (Local Business) zoning
  • Improved with the existing Feed Barn

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,255
Businesses Nearby

Demographics for 92627, CA

61,764
Population
23,286
Households
2.7
Avg Household Size
36
Median Age
42%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
9,651
Density / Sq Mi
$105,039
Median Household Income
$49,236
Median Earnings
$2,299
Median Rent
$1,074,900
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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - C1-zoned parcel with an existing commercial occupant and potential for continued use.
Where is this commercial land located?
The property is located at 2302 Newport Boulevard Costa Mesa, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 17,860 square feet of land, approximately 0.41 acres; C1 (Local Business) zoning; Improved with the existing Feed Barn
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