1520 W Coast Hwy Newport Beach, CA 92663
For Sale
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This exceptional Class A retail property, located at 1520 West Coast Highway in Newport Beach, California (zip code 92663), offers 2,880 square feet on a 0.3-acre lot. Boasting 133 feet of frontage along the Coast Highway, this location benefits from over 47,000 cars passing daily, providing unparalleled visibility and built-in advertising. The property offers ample parking, with a ratio of 4.86 spaces per 1,000 square feet. The current zoning allows for a wide variety of uses, including but not limited to: retail sales, financial services, medical and dental offices, ambulance services, outpatient surgery, animal grooming, catering services, food service, health and fitness centers, auto sales, auto repair, and auto washing. This presents a unique opportunity for a business seeking high traffic exposure in a prime Newport Beach location. The property is adaptable to a buyer's needs, allowing for remodeling or complete redevelopment to suit specific business requirements. This is a truly exceptional opportunity to establish or relocate a business in a highly desirable and visible location within Orange County. The property's location directly across from the Balboa Bay Club further enhances its prestige and appeal.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.