Mixed-Use Building with Development
601 N Golden Cir Dr Santa Ana, CA 92705
601 N Golden Cir Dr, Santa Ana, CA, 92705
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For Sale
Contact for pricing
Two-story building on 1.65 acres with mixed-use potential.
Property Size14,945 SF
Lot Size1.65 Acres
Price / SF$364.67
Days on Market770
Property Features for 601 N Golden Cir Dr
General Information
- Standard status
- Active
- Size
- 14,945 SF
- Lot size
- 1.65 Acres
- Property subtype
- Land, Mixed Use, Office
Building Details
- Year Built
- 1970
Listing Agency
CBRE - Orange County
(949) 725-8670
Listed by
Taylor Friend · License #CA 01885394
Source
Crexi
Added: Jun 8, 2024 Checked: Jul 17 at 4:33 am
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
This 14,945 square foot, two-story building is elevator-served and situated on 1.65 acres. It is suitable for medical, office, or other mixed uses, presenting a flexible opportunity for business owners. The property features abundant surface parking and a separate storage/garage building of approximately 3,100 square feet. An existing elevator is on-site. The building is located on a signalized corner with frontage on E. 4th Street, offering excellent visibility. There is income in place with existing tenants on short-term leases. Multiple entries allow for potential multi-tenant or single-user occupancy. The property provides excellent access to the 5 and 55 Freeways and is in close proximity to John Wayne Airport, Downtown Santa Ana, and Old Town Tustin. The north side of the property, located at 601 Golden Circle, has planned development for 134 units on approximately 1.65 acres, with a maximum of 190 units and 165 planned parking stalls. The mixed-use potential is estimated at approximately 10,000 to 20,000 square feet. This property is ideal for an owner/user, investor, and/or development opportunity.
Key Highlights
- 15,000 SF two‑story building on 1.65 acres suitable for medical, office, or mixed‑use.
- Separate 3,100 SF storage/garage building.
- Signalized corner location on E. 4th Street with excellent visibility.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $412.5k | $27.60 |
| − Vacancy | −$33.0k | −$2.21 |
| EGI | $379.5k | $25.39 |
| − OpEx | −$142.3k | −$9.52 |
| NOI | $237.2k | $15.87 |
14,945 SF · lease $27.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$3.39M
$2.96M – $3.95M
NOI $237,177 @ 7.0% cap · market cap 4.35%
Second Best
Office B
$3.37M
$2.95M – $3.93M
NOI $235,686 @ 7.0% cap · market cap 4.32%
Theoretical Best
Specialty Retail
$4.49M
$3.93M – $5.24M
NOI $314,405 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-story building on 1.65 acres with mixed-use potential.
Where is this mixed-use property located?
The property is located at 601 N Golden Cir Dr Santa Ana, CA.
What is the asking price?
The asking price for this property is $5,450,000.
What are key features of this property?
This property features: 15,000 SF two‑story building on 1.65 acres suitable for medical, office, or mixed‑use.; Separate 3,100 SF storage/garage building.; Signalized corner location on E. 4th Street with excellent visibility.
