17950 Magnolia St, Fountain Valley, CA 92708-5039
- Community centers
- 53,627 SF
- 7.97 lot acres
Current Use by Public Records
- Community centers
Property Details for 17950 Magnolia St
- Year built
- 1966
- Lot size
- 7.97 lot acres
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 167-013-24
- APU
- 16701324
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 30, 2023 | $30,750,000 | Pcg Village Center LLC | Ccf Pcg Fv LLC | Grant Deed | $50k · 40 86 Mortgage Capital INC |
| Aug 12, 2021 | $14,737,500 | Ccf Pcg Fv LLC | John R Martineau | Grant Deed | $15M · Allstate Insurance Company |
| — | — | Martineau Glenn B Trust | — | Deed Of Trust · related | $4M · California Cu |
Description
This exceptional retail opportunity is located at 17950 Magnolia Street in Fountain Valley, California, 92708. The property, known as Village Center, offers three available spaces ranging from 1,867 square feet to 18,000 square feet, perfect for a variety of retail uses. The entire center has recently undergone a complete renovation, presenting a modern and attractive space for prospective tenants. Village Center benefits from a highly desirable location at the signalized intersection of Magnolia Street and Talbert Avenue, ensuring high visibility and accessibility. Its proximity to the I-405 freeway provides convenient access for customers and employees. The center is already home to strong anchor tenants including Sprouts Farmers Market, Rite Aid, and Dollar Tree, creating a synergistic and thriving retail environment. The trade area boasts a high-income demographic, typical of affluent Orange County, presenting a significant opportunity for businesses seeking a prime location within a successful retail center. The property is classified as Standard Retail with multiple tenancies. This is an excellent chance to establish or expand your business in a vibrant and well-established Orange County community. Contact us today to learn more about leasing opportunities.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $32,095,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $20,100,000
- 6.5%
- $18,555,000
- 7%
- $17,230,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $39,462,000
Market price range: $11.9M - $55.5M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $25,155,000 Current use
- RESTAURANT
- $36,590,000 Change: +45% Conversion: Difficult
- RETAIL STORES
- $26,130,000 Change: +4% Conversion: Easy
- COMMERCIAL (GENERAL)
- $25,700,000 Change: +2% Conversion: Easy
- AUTO REPAIR, GARAGE
- $23,920,000 Change: -5% Conversion: Difficult
- OFFICE BUILDING
- $23,005,000 Change: -9% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $21,715,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fountain Valley
- County
- Orange
- State
- California
- Longitude
- -117.971
- Latitude
- 33.702
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
