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16.71-Acre Development Opportunity
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7300 La Palma Ave Buena, Buena Park, CA 90620

Rare in-fill Orange County development opportunity for ground lease.

Lot Size16.71 Acres
Days on Market74

Property Features for 7300 La Palma Ave Buena

General Information

Standard status Active
Lot size 16.71 Acres
Property subtype Other Hospitality
Listing Agency: NAI Capital Commercial, Inc
Listed By: David Knowlton · License #CA 00893394
Source: Thebrokerlist
Added: May 21 Changed: Jul 10 Last Checked: Jul 28 at 3:01AM

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 NAI Capital Commercial, Inc

Investment Insights

Based on property information with market context.

A 16.71-acre site known as the Walter Knott Education Center in Buena Park is available for long-term development and ground lease. The property is located one block away from Buena Park’s Beach Boulevard Entertainment Corridor. The Education Center and related buildings were constructed in 1957 and subsequently closed in 2010. The site is a level, rectangular lot with dimensions of 660 feet of street frontage by 1,098 feet of depth. The zoning designation is RS-6, Single Family Residential, and the General Plan designation is TE-Tourist Entertainment, updated in 2010. The City might also entertain commercial uses. The site will be delivered free of tenants. The location is within walking distance to retail, restaurants, and entertainment, and 1.8 miles from the 91/I-5 Freeway Interchange. The property is located on La Palma Avenue, which has a traffic count of 22,268 vehicles per day.

Key Highlights

  • Rare 16.71‑acre in‑fill Orange County development opportunity
  • Located one block from Buena Park’s iconic Beach Boulevard Entertainment Corridor
  • Long‑term ground lease available (up to 99 years) to significantly mitigates upfront development costs

Property Analytics

Current Use

Basketball Courts Sports Field & Court Walter Knott Child ... Daycare Center Catalyst Kids - Knott Daycare Center TNT Fireworks Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center Accounting Firm

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby

Demographics for 90620, CA

46,564
Population
13,579
Households
3.4
Avg Household Size
40
Median Age
33%
College-Educated
86%
High-School Grad
6.4 sq mi
ZIP Area
7,276
Density / Sq Mi
$122,582
Median Household Income
$49,523
Median Earnings
$2,263
Median Rent
$782,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Rare in-fill Orange County development opportunity for ground lease.
Where is this commercial land located?
The property is located at 7300 La Palma Ave Buena Buena Park, CA.
What are key features of this property?
This property features: Rare 16.71‑acre in‑fill Orange County development opportunity; Located one block from Buena Park’s iconic Beach Boulevard Entertainment Corridor; Long‑term ground lease available (up to 99 years) to significantly mitigates upfront development costs
More about this property
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