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10542-10572 Stanford Ave. Garden Grove Garden Grove, CA 92840

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Four industrial buildings totaling 16,000 SF on 1.725 acres.

Type:Industrial
Property size:
16,000 SF
Lot size:
1.73 Acres
Added:
Feb 6, 2024
Days on Market:
801
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 10542-10572 Stanford Ave. Garden Grove

General Information

Standard status
Active
Size
16,000 SF
Lot size
1.73 Acres
Property subtype
Industrial

Building Details

Year Built
1954

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Listing Contact
Kyle Williams
Kyle Williams

Listing agent Kyle Williams License #CA 02015940

Listing office Ashwill Associates Commercial Real Estate

Listing date Feb 6, 2024

Source Crexi

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 Ashwill Associates Commercial Real Estate


Overview

Four Freestanding Industrial Buildings

Available for sale is a property featuring four freestanding industrial buildings totaling approximately 16,000 square feet, situated on approximately 1.725 acres. The property includes a large paved and fenced yard. There are short-term leases in place. One unit, 10552 Stanford, and the rear fenced yard area, comprising 16,850 square feet, are vacant. The buildings feature separately metered units and five grade-level doors. Warehouse clearance ranges from approximately 10 to 14 feet. The zoning is Adaptive Re-use (AR) and Land Use (Industrial/Residential Mixed Use 2), allowing for flexible industrial, commercial, and residential development. The total land area is approximately 75,156 square feet. Redevelopment is possible with in-place income. The current occupancy includes month-to-month leases for 10562 and 10572, with tenant eviction in process, and 10542 is also month-to-month.
Location Intelligence

Current Use by Public Records

Warehouses

Similar Places Nearby

  • Portable Storage Rental Pros Garden Grove 12851 Nelson St #42, Garden Grove, CA 92840
  • Grove Storage Facility 12861 West St, Garden Grove, CA 92840

Map

City
Garden Grove
County
Orange
State
California
Longitude
-117.932
Latitude
33.786

FAQs

What type of property is this?
Warehouse - Four industrial buildings totaling 16,000 SF on 1.725 acres.
Where is this warehouse located?
The property is located at 10542-10572 Stanford Ave. Garden Grove Garden Grove, CA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Significant Price Reduction: $500k reduction, now $5.1MM; High Pro‑Forma Cap Rate: Approximately 7.69%; Redevelopment Potential: Zoning allows flexible Industrial, Commercial & Residential Development
More about this property
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