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Property profile & analytics
OFF-MARKET Estimated value $635,000
Retail space

322 Santa Fe Ave Placentia, CA 92870-5944

3,554 SF 0.11 ac lot Built 1919
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US09-2749416
Property summary
AI-generated overview

This exceptional 1,032-square-foot commercial space is located in the vibrant Old Town Placentia, at 322 W Santa Fe Ave, Placentia, CA 92870, situated on a 4,792 sq ft lot. The property, built in 1919, is a single-story building with a traditional office layout, currently entirely vacant and available for immediate occupancy. The space is zoned for Commercial/Retail use, allowing for a variety of businesses, subject to city approval. The location benefits from its proximity to established restaurants and shops in the heart of Old Town, attracting significant foot traffic. Street parking is available. The property includes a private bathroom for tenant convenience. The city of Placentia is actively pursuing economic revitalization initiatives, presenting a unique opportunity for businesses to establish themselves at competitive prices within a growing community. The minimum divisible space is 1,032 sq ft. The APN is 339-392-09. The cross streets are Santa Fe and Melrose. This property offers a blend of historic charm and modern convenience in a prime location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1919
Total area 3,554 SF
Lot 0.11 ac (4,997 SF)
APN 339-392-09
UPID US09-2749416
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Zumba Fit Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$858k
Blend (final) Blend
$635k
Owner & transaction history
Rene Sandoval Nungary · 1 yrs held
Rene Sandoval Nungary
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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