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    516 State College Blvd Anaheim, CA 92806

    Sponsored
    For Sale
    $2,990,000

    Prime Anaheim location, vacant lot, high visibility.

    Property size:
    22,866 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 516 S State College Blvd, Anaheim, CA 92806, presents a compelling investment opportunity. The 22,866 square foot vacant lot boasts 115 feet of frontage on State College Boulevard, ensuring maximum visibility and accessibility within a thriving commercial area. Situated near Anaheim's Platinum Triangle, the property benefits from the area's vibrant atmosphere, offering abundant nearby entertainment, dining, and shopping options. The asking price is $2,990,000, representing a price per square foot of $130.76 and a 4.00% cap rate. The property's strategic location and significant street frontage make it ideal for a variety of development projects, ranging from commercial ventures to mixed-use residential developments. This is a rare chance to acquire a substantial, vacant lot in a high-demand area with significant potential for future growth and return on investment. The property is currently vacant, offering immediate development possibilities. Its proximity to the Platinum Triangle ensures high traffic volume and visibility, making it an attractive location for a wide range of businesses and residential projects. This is a unique opportunity to capitalize on the dynamic growth of Anaheim, California.

    Property Features for 516 State College Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    22,866 SF

    HighLights

    • 22,866 SF vacant lot in Anaheim, CA.
    • 115' of frontage on State College Blvd.
    • $2,990,000 asking price, $130.76/SF, 4.00% cap rate.
    • Located near Anaheim's Platinum Triangle, offering high visibility and accessibility.
    • Ideal for commercial or mixed‑use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tacos EL Patron Taco Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Anaheim
    County
    Orange
    State
    California
    Longitude
    -117.8887169
    Latitude
    33.8358398

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Anaheim location, vacant lot, high visibility.
    Where is this mixed-use property located?
    The property is located at 516 State College Blvd Anaheim, CA.
    What is the asking price?
    The asking price for this property is $2,990,000.
    What are key features of this property?
    This property features: 22,866 SF vacant lot in Anaheim, CA.; 115' of frontage on State College Blvd.; $2,990,000 asking price, $130.76/SF, 4.00% cap rate.
    Request Owner's contact information
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    Anaheim, CA 92806
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    Realmo Value Estimation

    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.

    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.

    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
    516 State College Blvd Anaheim, CA 92806
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