20251 Acacia St Newport Beach, CA 92660-0768
- Showrooms
- 13,252 SF
- 0.19 lot acres
Jun 27, 2024
Current Use by Public Records
- Insta X Media / Marketing & Advertising
- Lendward / Loan Service
- LoanMerica / Loan Service
- Lil' Archie's / Industrial Manufacturer / Production Facility
- Kelter Thorner Insurance Agency / Insurance Agency
Property Details for 20251 Acacia St
- Year built
- 1988
- Lot size
- 0.19 lot acres
- Property size
- 13,252 SF
- Property type
- Showrooms
- APN
- 439-391-20
- APU
- 43939120
Description
This exceptional 1,820 square foot executive office suite is ideally located in the prestigious Acacia Plaza at 20251 SW Acacia St, Newport Beach, CA 92660, within Orange County. The property is a single-tenant space, perfect for a business seeking a complete and private office environment. The entire 1,820 square feet is currently vacant and ready for immediate occupancy. The property type is classified as both retail and office, offering flexibility in its potential use. The building's location in Newport Beach provides excellent access to major transportation routes and a vibrant business community. This is a rare opportunity to secure a substantial, move-in ready office space in a highly desirable location. The suite is perfect for a company seeking a prominent address and a professional setting to conduct business. The single-tenant occupancy ensures privacy and control over the entire space. Serious inquiries are encouraged to schedule a viewing and explore the possibilities of establishing your business in this exceptional Newport Beach location. The property is categorized as an executive office suite, suggesting a high-end finish and suitable for businesses requiring a sophisticated image. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing for a swift and efficient transition into your new workspace.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,800,000
- ML approach
- $5,800,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,938,000
Market price range: $2.62M - $7.18M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,015,000 Current use
- RESTAURANT
- $9,040,000 Change: +125% Conversion: Difficult
- RETAIL STORES
- $6,460,000 Change: +61% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $6,215,000 Change: +55% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $5,910,000 Change: +47% Conversion: Difficult
- OFFICE BUILDING
- $5,685,000 Change: +42% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $5,365,000 Change: +34% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $4,275,000 Change: +7% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Newport Beach
- County
- Orange
- State
- California
- Longitude
- -117.879
- Latitude
- 33.6592
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA