16791 Mcfadden Ave Tustin, CA 92780-4930
Property profile & analytics
16791 Mcfadden Ave Tustin, CA 92780-4930
- Retail space
- 2,400 SF
- 0.43 lot acres
Property ID
US09-2050054
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.
Location Intelligence
Current Use by Public Records
- 7-Eleven / Grocery & Convenience Store
- Citibank ATM / Atm
- KeyMe Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store
- Western Union / Bank / Credit Union
Property Details for 16791 Mcfadden Ave
- Year built
- 1967
- Lot size
- 0.43 lot acres
- Property size
- 2,400 SF
- Property type
- Retail space
- APN
- 402-301-08
- APU
- 40230108
Description
This exceptional investment opportunity presents a brand-new, 4,212 square foot 7-Eleven convenience store and gas station situated on a 1.14-acre lot in Tustin, California. The property boasts a 15-year net lease (NNN) with a commencement date of July 1, 2024, and an expiration date of June 30, 2039, leaving a substantial 14.6 years remaining. This single-tenant property benefits from a 100% occupancy rate and generates a strong net operating income (NOI) of $390,000, resulting in a compelling 4.35% cap rate. The asking price is $8,965,000, translating to $2,128.44 per square foot. Built in 2024, this modern facility is located at 16791 McFadden Ave, Tustin, CA 92780, a high-traffic area with excellent visibility. The property's strategic location near the 55 Freeway (with over 307,000 cars per day) and dense residential neighborhoods ensures consistent customer traffic. This is a rare opportunity to acquire a highly desirable, low-maintenance, net-leased asset with a long-term lease from a creditworthy tenant in a prime Orange County location. The property's size and location make it an irreplaceable asset with significant long-term growth potential. The property's APN is 402-301-05, 402-301-06, and 402-301-07. This is a truly exceptional investment opportunity for discerning buyers seeking a stable, high-performing asset with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $750,000
- ML approach
- $750,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $910,000
- 6.5%
- $840,000
- 7%
- $780,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,170,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,125,000 Change: -4% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,070,000 Change: -8% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,030,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tustin
- County
- Orange
- State
- California
- Longitude
- -117.837
- Latitude
- 33.7342
- 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
$21,564
$1,823,595
$151,742
$1,975,337
-
$0.00
$0.00
$0.00
