Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1421 Bristol St Santa Ana, CA 92706-3303
    Property profile & analytics

    1421 Bristol St Santa Ana, CA 92706-3303

    View on Map
    • Commercial land
    Off-Market
    Last Sale Dec 11, 2024
    $878,000
    Property ID
    US09-5565720
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $880,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 1421 Bristol St

    Property type
    Commercial land
    APN
    405-252-32
    APU
    40525232

    Description

    This exceptional 10,068 square foot commercial land parcel is ideally situated at 1421 N Bristol St, Santa Ana, CA 92706. The property is zoned SP1, offering a multitude of development possibilities. Its prime location in Orange County provides unparalleled access to major highways, John Wayne Airport, and the Port of Los Angeles, significantly enhancing logistical efficiency. Santa Ana's diverse economy, encompassing healthcare, education, retail, and technology sectors, ensures stability and diverse growth potential. The city boasts a highly skilled and diverse workforce, supported by local educational institutions. Furthermore, a supportive business ecosystem, including government initiatives and tax incentives, fosters a favorable environment for business growth. The vibrant community fosters collaboration and networking opportunities. This property presents a unique investment opportunity in a thriving and culturally rich city, offering significant potential for future development and substantial returns. The APN is 405-252-32. The asking price for this exceptional commercial land is $1,095,000. Don't miss this chance to acquire a strategically located asset in a dynamic and growing market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $880,000
      ML approach
      $880,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.885
    Latitude
    33.7576
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,687
    $507,560
    $0.00
    $507,560
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.24 Acres

      1702 Main St

      VACANT COMMERCIAL LAND • 0.24 Acres
      1702 Main St, Santa Ana, CA 92706-2759
      View Details
    • Value Estimation
      $810,000
      0.40 Acres

      202 17th St

      VACANT COMMERCIAL LAND • 1,274 SF
      202 17th St, Santa Ana, CA 92706-2803
      View Details
    • Value Estimation by Request
      0.17 Acres

      116 20th St

      VACANT COMMERCIAL LAND • 890 SF
      116 20th St, Santa Ana, CA 92706-2722
      View Details
    • Value Estimation by Request
      0.28 Acres

      2112 Broadway

      VACANT COMMERCIAL LAND • 1,208 SF
      2112 Broadway, Santa Ana, CA 92706-2614
      View Details
    • Value Estimation
      $6,615,000
      0.76 Acres

      2534 Westminster Ave

      VACANT COMMERCIAL LAND • 0.76 Acres
      2534 Westminster Ave, Santa Ana, CA 92706-4301
      View Details
    • Value Estimation by Request

      1800 22nd St

      VACANT COMMERCIAL LAND
      1800 22nd St, Santa Ana, CA 92706-2415
      View Details

    Similar Nearby for Sale

    • $440,500
      1,227 SF

      Santa Ana Office Condo

      Professional office condo unit available for purchase in Santa Ana.
      2107 N Broadway, Santa Ana, CA 92706
      View Details
    • $330,000
      20,000 SF

      Remodeled Office Condo For Sale

      Professionally designed office condo in Santa Ana, CA.
      960 W 17Th St, Santa Ana, CA 92706
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Former Gym Retail Space Available

      High-visibility retail space, ideal for fitness or retail operators.
      501- W 17Th St, Santa Ana, CA 92706
      View Details
    • $2 SF/Yr

      Retail/Restaurant Space For Lease

      Retail or restaurant space with excellent parking in Santa Ana.
      501-515 W 17Th St, Santa Ana, CA 92706
      View Details
    • $3 SF/Yr

      Retail Space with Anchor Tenants

      Retail space with Planet Fitness and Dollar Tree as anchors.
      2705-2729 N Bristol St, Santa Ana, CA 92706
      View Details
    • Contact for pricing
      6,719 SF

      Freestanding Office Building For Rent

      Freestanding office building on a large lot available for rent.
      1327 N Broadway, Santa Ana, CA 92706
      View Details
    • $3 SF/Yr

      Retail Space Available For Lease

      7,000 square foot retail space for lease.
      2730-2738 North Bristol St, Santa Ana, CA 92706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1421 Bristol St
    Santa Ana, CA 92706-3303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1421 Bristol St, Santa Ana, CA, 92706
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!