Property profile & analytics
2509 Broadway Santa Ana, CA 92707-3411
- Flex space
- 12,540 SF
- 0.62 lot acres
OFF-MARKET
Last Sale
Apr 05, 2021
Apr 05, 2021
$2,955,500
Value Estimations
$2,900,000
Show details
Cap Rate Potential
4.4%
Flex space
Location Intelligence
Property ID
US09-3291362
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.
Current Use by Public Records
- Louvers & Blinds Today / (Bike/Boat/Book/etc) Store / Home Decor Store
- Deli Nerds Catering / Take-out & Catering / Catering Service
- MrBeast Burger / Restaurant / Take-out & Catering
- Lineup Cafe / Restaurant / Cafe & Coffee Shop
- Crave Meal Prep / Restaurant / Take-out & Catering
Property Details for 2509 Broadway
- Year built
- 1963
- Lot size
- 0.62 lot acres
- Property size
- 12,540 SF
- Property type
- Flex space
- APN
- 410-382-09
- APU
- 41038209
Description
This exceptional 250-square-foot commercial kitchen space in Santa Ana, Orange County, presents a unique opportunity for food entrepreneurs. Classified as a Class B property, this single-tenant retail/restaurant space is perfectly suited for a ghost kitchen operation. The kitchen is designed as a turnkey solution, minimizing upfront investment and allowing for rapid deployment. Operators can expect a significantly reduced capital outlay compared to traditional restaurant setups, enabling quicker profitability. The space is equipped with order management tablets, streamlining operations and enhancing efficiency. Its strategic location within a high-demand delivery zone ensures optimal access to a large customer base, maximizing revenue potential. Ideal for startups, personal chefs, caterers, food trucks, single-location operators, and expanding national chains, this ghost kitchen offers a low-risk, high-reward entry point into the thriving food delivery market. The property's efficient design minimizes staffing needs, further contributing to cost-effectiveness. This ready-to-occupy space allows businesses to open within weeks, accelerating growth and market penetration.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,690,000
- ML approach
- $3,670,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,700,000
- 6.5%
- $2,495,000
- 7%
- $2,315,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,675,000 Current use
- RETAIL STORES
- $4,810,000 Change: +31% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $4,690,000 Change: +28% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,735,000 Change: +2% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,695,000 Change: +1% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.869
- Latitude
- 33.7133
- 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
$39,588
$2,902,806
$233,465
$3,136,271
-
$0.00
$0.00
$0.00
