Technical
Financial
Distress signals
Property profile

550 Parkcenter Dr Santa Ana, CA 92705

FOR LEASE
Commercial real estate
Property ID
US10-3210360
18,122 SF 0.96 ac lot Built 1978
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office space at 550 N Parkcenter Drive in Santa Ana, California offers a variety of suite sizes perfect for businesses seeking a prestigious location. Located in Orange County, this full-service gross property boasts a total of 18,463 square feet, with multiple tenancy options available. Currently, there are 6,981 square feet of vacant space ready for immediate occupancy. Individual suites range from a minimum of 2,092 square feet to a maximum contiguous space of 2,598 square feet, providing flexibility for businesses of varying sizes. The building's address is 550 N Parkcenter Dr, Santa Ana, CA 92705. This prime location offers easy access to major transportation routes and amenities, making it an ideal choice for businesses seeking a convenient and highly visible address. The property is categorized as an Executive Office and Commercial space, ensuring a professional and sophisticated environment. Interested parties should inquire about pricing. The building's convenient location in Orange County, combined with its modern amenities and flexible space options, makes this an unparalleled opportunity for businesses seeking a thriving and productive workspace. The available space is ready for immediate occupancy, allowing for a seamless transition for your business.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Total area 18,122 SF
Lot 0.96 ac (41,704 SF)
APN 400-041-05
UPID US10-3210360

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Alternative Medicine Practice
  • Insurance Agency
  • Insurance Agency
  • Law Firm
  • Alternative Medicine Practice Acupuncture

Location

550 Parkcenter Dr Santa Ana, CA 92705
Santa Ana metro Census 75403 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.15M

Owner & transaction history

since 2005
7 recorded transactions
2005
$2.7M
2003
Price N/A
1998
Price N/A
1997
$700,000
1989
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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