Technical
Financial
Distress signals
Property profile

551 N Fairview St Santa Ana, CA 92703

FOR SALE
Industrial properties
Property ID
US09-0223641
3,540 SF Built 1984
Individually Owned 19-yr Hold Absentee Owner
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Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 551 N Fairview St in Santa Ana, California (zip code 92703), presents a compelling owner-user or investment opportunity. The property, built in 1984, boasts a total of 4,500 square feet of net rentable space, spread across two stories. The asking price is $1,642,500, translating to a price per square foot of $365. The building is classified as Class C and features one loading dock, crucial for efficient logistics. The high ceilings, measuring 20 feet, provide ample vertical space for storage or specialized equipment. The property includes one drive-in door for convenient access. Parking is available, with a 2/1 ratio (two parking spaces per unit). This single-unit warehouse is situated in Orange County, within an Opportunity Zone, offering potential tax advantages for qualified investors. The property's strategic location in Santa Ana provides easy access to major transportation routes and a thriving business community. This is an ideal opportunity for businesses seeking a functional and well-located warehouse space, or for investors looking for a strong NNN investment in a desirable market. The property is a single building, offering a streamlined and manageable ownership experience.

Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1984
Total area 3,540 SF
APN 939-450-66
UPID US09-0223641

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
  • Factory Production Facility

Location

551 N Fairview St Santa Ana, CA 92703
Santa Ana metro Census 75201 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
$705k
Comparable Approach Comparable
$596k
Blend (final) Blend
$550k

Owner & transaction history

since 2007
4 recorded transactions
2007
$770,500
2007
Price N/A
1993
$113,500
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?”
More about this property
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