1064 Tustin St Orange, CA 92867-5958
- Retail space
- 992 SF
- 0.24 lot acres
Current Use by Public Records
- D & L Dairy / Grocery Store
- Jump Out - Orange / Convenience Store
- Alta Dena / Dairy Store
Property Details for 1064 Tustin St
- Year built
- 1966
- Lot size
- 0.24 lot acres
- Property size
- 992 SF
- Property type
- Retail space
- APN
- 375-415-20
- APU
- 37541520
Description
This exceptional 1,000 square foot QSR/fast-food property, situated on a 10,411 square foot lot, presents a lucrative owner-user investment opportunity. Located at 1064 N Tustin St, Orange, CA 92867, this vacant property boasts a highly visible corner location with substantial traffic counts, enhanced by a monumental sign and convenient access from both Tustin Street and Quincy Avenue. The property's previous use as the Altadena Dairy drive-thru business demonstrates its established viability and potential for continued success in the fast-food sector. However, the versatile nature of the property allows for a range of potential uses beyond its previous operation. The triple net (NNN) lease structure offers a straightforward ownership model. The property's strategic location across from the Orange Post Office on Tustin Avenue further underscores its prime commercial position within Orange County. This is a rare opportunity to acquire a well-positioned, high-traffic corner lot with significant potential for immediate return on investment and long-term growth. The asking price is $1,495,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,360,000
- 6.5%
- $1,435,000
- 7%
- $1,395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,440,000
- Geo Method
- $1,375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,510,000
- Retail
- $1,715,000
- Mixed-Use
- $1,540,000
- Hospitality
- $1,755,000
- Educational
- $1,320,000
- Residential Income
- $1,315,000
- Energy
- $1,345,000
- Income-Based Land
- $1,610,000
- Food Service
- $1,445,000
Location Insight
- Map
- Local Demand
- City
- Orange
- County
- Orange
- State
- California
- Longitude
- -117.836
- Latitude
- 33.8053
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
