1121 Ash Ave Fullerton, CA 92831
- Industrial properties
- 12,000 SF
- 0.54 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1121 Ash Ave
- Year built
- 1961
- Lot size
- 0.54 lot acres
- Property size
- 12,000 SF
- Property type
- Industrial properties
- APN
- 269-121-04
- APU
- 26912104
Description
This exceptional Fullerton industrial property presents a rare investment opportunity. The 12,065 square foot building, situated on a 0.54-acre lot (23,681 square feet), offers significant flexibility. Currently configured as three separate units, it can easily be combined into one large, contiguous space. Key features include a brand new roof with a 50-year warranty, providing long-term cost savings. Access is convenient with four ground-level roll-up garage doors, one dock-high roll-up door, and alleyway access. Two private yard spaces offer ample outdoor storage or operational area. Separate utility meters ensure efficient cost allocation. The property boasts ample power and a 14-foot clearance height, accommodating a variety of industrial uses. Its strategic location in Fullerton, north of Anaheim, provides easy access to major freeways (91, 57, and 5) and public transportation. Fullerton's status as a major Orange County industrial hub further enhances the property's value. The property is zoned for General Commercial/Manufacturing (C-M), and importantly, qualifies for Opportunity Zone designation, presenting potential tax advantages for investors. This property is ideal for owner-occupiers or investors seeking a high-return asset in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,870,000
- 6.5%
- $2,935,000
- 7%
- $3,190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,315,000
- Geo Method
- $3,050,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,960,000
- Retail
- $3,325,000
- Mixed-Use
- $3,375,000
- Hospitality
- $3,350,000
- Educational
- $3,240,000
- Residential Income
- $3,395,000
- Energy
- $2,955,000
- Income-Based Land
- $2,670,000
- Food Service
- $2,475,000
Location Insight
- Map
- Local Demand
- City
- Fullerton
- County
- Orange
- State
- California
- Longitude
- -117.909
- Latitude
- 33.8653
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA