Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    650 S Grand Ave Santa Ana, CA 92705

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail/office space with frontage on Grand Ave in Santa Ana.

    Property size:
    1,988 SF
    Lot size:
    6.67 Acres

    Property Features for 650 S Grand Ave

    General Information

    Size
    1,988 SF
    Lot size
    6.67 Acres

    We can help!

    Listing Contact
    Craig Sullivan
    Source: Moodyscre

    Listing Agent: Craig Sullivan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Santa Ana Retail/Office Space

    This 1,357-square-foot space is suitable for retail, office, and showroom uses. It features a reception area and a large open space. The property has frontage on Grand Avenue, and signage is available. The property is located in Santa Ana.
    Location Intelligence

    Current Use by Public Records

    SoCal Plastering Renovation Specialist ADVANCED Lock & Key- ... Locksmith Prestige Cabinets Hardware & Home Improvement GRAND OPTICAL Ophthalmologist Inka Knits Department Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.85031
    Latitude
    33.739491

    Nearby Similar for Lease

    • Contact for pricing
      1,180 SF

      Turnkey Office Space in Santa Ana

      Remodeled office space ideal for wellness, fitness, or professional services.
      1204 N Ross St, Santa Ana, CA 92701
      View Details
    • Contact for pricing

      CA, Santa Ana - W Civic Center Dr

      Discover many ways to work your way in CA, Santa Ana - W Civic Center Dr
      901 Civic Center Dr, Santa Ana, CA 92703
      View Details
    • Sponsored
      Contact for pricing

      John Wayne Airport

      Workspaces, services and support to help you work better in John Wayne Airport
      4695 Macarthur Ct, Santa Ana, CA 92660
      View Details
    • Contact for pricing
      1,262 SF

      Retail Space in Golden Circle

      Retail space in a high-density area near freeways.
      2031 E 1St St, Santa Ana, CA 92705
      View Details
    • Contact for pricing
      321,836 SF

      Prominent Office Building Near Freeways

      High-visibility office building with immediate freeway access and modern amenities.
      1851 East 1St St, Santa Ana, CA 92705
      View Details
    • $4,000 /Mo
      900 SF

      Retail Space in Santa Ana

      900 Sq. Ft. retail space with street frontage.
      333 W 17Th St, Santa Ana, CA 92706
      View Details
    • Contact for pricing
      111,721 SF

      Class A Office Towers

      Prestigious office towers with flexible floor plans and freeway access.
      5 Hutton Centre Dr, Santa Ana, CA 92707
      View Details
    • Contact for pricing
      97,967 SF

      Freestanding Industrial Building For Rent

      97,967 SF industrial building on 4.7 acres for lease.
      300 East Dyer Rd, Santa Ana, CA 92707
      View Details
    • $1.55 SF/Yr
      12,060 SF

      Industrial Space with Fenced Yard

      Industrial space featuring office area, fenced yard, and freeway access.
      1939 South Susan St, Santa Ana, CA 92704
      View Details
    • Contact for pricing
      150,000 SF

      Flexible Office Space in Santa Ana

      Modern office building with large, versatile floor plans for rent.
      2801 North Main St, Santa Ana, CA 92705
      View Details
    • $1.49 SF/Yr
      7,200 SF

      Freestanding Industrial Building with Yard

      7,200 SF industrial building with secured yard for lease.
      2130 South Santa Fe St, Santa Ana, CA 92705
      View Details
    • $1.49 SF/Yr
      86,814 SF

      Industrial Space with Truck Storage

      8,222 SF office, 14 docks, large yard, easy access.
      2803 South Yale St, Santa Ana, CA 92704
      View Details

    FAQs

    What type of property is this?
    Office units - Retail/office space with frontage on Grand Ave in Santa Ana.
    Where is this office units located?
    The property is located at 650 S Grand Ave Santa Ana, CA.
    What are key features of this property?
    This property features: - Large open space suitable for retail, office, and showroom uses.; - Frontage on Grand Ave.; - Signage available.
    (949) 242-1710 Call to check price and availability
    Request Owner's contact information
    650 S Grand Ave Santa Ana, CA 92705
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    650 S Grand Ave
    Santa Ana, CA 92705
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    650 S Grand Ave Santa Ana, CA 92705
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Craig Sullivan
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!