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    555 Memory Ln Santa Ana, CA 92706

    Sponsored
    For Lease
    Contact for pricing

    Prime 6,000 SF Retail Church Space

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,000 square foot retail space, located at 555 E Memory Ln in Santa Ana, California, presents a unique investment opportunity. Currently vacant, the entire building is available for lease. The property is classified as a single-tenant retail space, previously used as a church. Its ideal location in Orange County, zip code 92706, offers excellent visibility and accessibility. The building's substantial size provides ample space for a variety of retail uses, making it suitable for a wide range of businesses. With its convenient location in Santa Ana and its significant square footage, this property offers a rare chance to establish a thriving business in a high-traffic area. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to explore the possibilities this versatile space offers. The property's address is 555 E Memory Ln, Santa Ana, CA 92706. Its geographic coordinates are 33.7741981 latitude and -117.8615896 longitude. This single-tenant building presents a significant opportunity for a business seeking a large, well-located space in a thriving Orange County market. The property is zoned for retail use.

    Property Features for 555 Memory Ln

    General Information

    Property type
    Churches & religious facilities
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,000 SF

    HighLights

    • ±6,000 SF church space available.
    • Sanctuary with seating for approximately 200.
    • Includes fellowship hall (divisible), kitchen, and outdoor patio.
    • Available Saturday evenings, Sundays (3:30 PM - 5:30 PM), and Monday evenings.
    • On‑site parking available.
    • Tenant responsible for pro‑rata share of utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    CELEBRATION Church Church 绿洲宣道会 Church Koles Legendary Creations Self Service Health Station Iglesia Casa de ... Church Of Christ Town & Country Retirement Home

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.8615896
    Latitude
    33.7741981

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    FAQs

    What type of property is this?
    Church & religious facility - Prime 6,000 SF Retail Church Space
    Where is this church & religious facility located?
    The property is located at 555 Memory Ln Santa Ana, CA.
    What are key features of this property?
    This property features: ±6,000 SF church space available.; Sanctuary with seating for approximately 200.; Includes fellowship hall (divisible), kitchen, and outdoor patio.
    Request Owner's contact information
    555 Memory Ln Santa Ana, CA 92706
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    Santa Ana, CA 92706
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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
    555 Memory Ln Santa Ana, CA 92706
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