1592 Tustin St Orange, CA 92867-3904
This exceptional 4,005 square foot storefront, located at 1592 N. Tustin St. in Orange, California, presents a rare value-add investment opportunity. Situated on a prominent corner lot spanning 0.33 acres (14,375 square feet), this property boasts excellent visibility and signage potential on busy Tustin Street. Built in 1970, the building offers ample parking with 13 spaces. Currently vacant, this property is priced at $1,995,000, translating to $498.13 per square foot. The property's strong location within the Orange community, combined with its size and potential for significant upgrades, makes it an attractive prospect for owner-users or investors seeking to capitalize on the robust retail fundamentals of the area. The substantial lot size allows for future expansion or redevelopment possibilities. This is a chance to acquire a well-positioned retail space with considerable upside potential and minimal landlord responsibilities. The previous lease expired October 30, 2024.
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Oki Doki Home Treasure Furniture & Home Goods Home Decor Store
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Pro Home Furnishings Furniture & Home Goods Home Decor Store
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.