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    Property profile & analytics
    OFF-MARKET Estimated value $550,000
    Industrial properties

    551 Fairview St, Santa Ana, CA 92703-1806

    3,540 SF Built 1984
    Individually Owned 19-yr Hold Absentee Owner
    Property ID
    US09-0223641
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Private Label Partners Factory Production Facility
    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
    Dhananjaya N Mhaskar · 19 yrs held
    Dhananjaya N Mhaskar
    since 2007
    4 recorded transactions
    2007
    $770,500
    2007
    1993
    $113,500
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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