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Property profile

10592 Trask Ave Garden Grove, CA 92843

OFF-MARKET
Industrial properties
Property ID
US09-0027655
View Sample
0.51 ac lot
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional investment opportunity presents three industrial condos totaling 17,300 square feet, ideally situated in Garden Grove's Trask Avenue Business Park. The property boasts 15-foot clear ceilings and ample power (roughly 1,200 Amps across all three buildings). Each condo can be purchased individually or as a portfolio. The park benefits from excellent freeway access via the nearby Garden Grove Freeway (SR-22), boasting a daily traffic count of 220,000 vehicles. Trask Avenue itself sees approximately 13,000 vehicles daily, ensuring high visibility and convenient access. The location is also proximate to Garden Grove City Hall. The property is zoned PUD and includes 16 parking spaces. Built in 1973, this versatile space is suitable for executive office, R&D, and warehouse uses, making it an attractive option for a variety of businesses. The property's three separate addresses are 10592 Trask Ave, 10612 Trask Ave Ste. A, and 10612 Trask Ave Ste. B, all located in Garden Grove, CA 92843. The APN numbers are 099-641-11, 099-641-17, 930-624-58, and 930-624-59. This presents a unique chance to acquire a well-located, flexible industrial property in a thriving Orange County location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 0.51 ac (22,360 SF)
APN 099-641-11
UPID US09-0027655

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company
  • Industrial Manufacturer

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.69M

Owner & transaction history

since 2024
Last sale
$2.7M
7 recorded transactions
2024
$2.7M
2017
$1.2M
2016
$1.5M
2011
$637,000
2007
$1.5M
2003
$637,000
2002
$608,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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