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    5960 Lakeshore Dr Cypress, CA 90630-3371
    Property profile & analytics

    5960 Lakeshore Dr Cypress, CA 90630-3371


    • Warehouses
    • 4,675 SF
    • 0.27 lot acres
    Off-Market
    Last Sale Dec 5, 2024
    $1,900,000
    Property ID
    US10-3060616
    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.

    Value Estimations
    $1,655,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pipila Stone / Department Store

    Property Details for 5960 Lakeshore Dr

    Year built
    1980
    Lot size
    0.27 lot acres
    Property size
    4,675 SF
    Property type
    Warehouses
    APN
    244-492-16
    APU
    24449216

    Description

    This exceptional owner-user opportunity presents a 4,680-square-foot freestanding warehouse located at 5960 Lakeshore Drive in Cypress, California. Boasting a desirable location in Orange County (APN 244-492-16), this industrial property is priced at $1,900,000, translating to $405.98 per square foot. Built in 1980, the warehouse features a substantial 16-foot clear ceiling height, ideal for various storage and operational needs. Access is facilitated by one roll-up door. The property also includes approximately 636 square feet of office space, providing ample room for administrative functions. Power is supplied by a 200a/208v 3-phase system. Adding to its appeal is a large fenced yard, offering secure outdoor storage or operational space. The property sits on a 0.27-acre lot and is zoned PCM. The roof has been recently replaced, ensuring long-term structural integrity. This is a rare opportunity to acquire a well-maintained, freestanding warehouse in a prime Orange County location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,195,000
      6.5%
      $1,105,000
      7%
      $1,025,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,714,000
      Market price range: $737k - $1.71M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,235,000
      Current use
      RETAIL STORES
      $2,280,000
      Change: +84% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,240,000
      Change: +81% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,195,000
      Change: +77% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $2,085,000
      Change: +69% Conversion: Easy
      OFFICE BUILDING
      $2,005,000
      Change: +62% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Orange
    State
    California
    Longitude
    -118.03
    Latitude
    33.8287
    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
    $13,945
    $622,608
    $625,229
    $1,247,837
    -
    $0.00
    $0.00
    $0.00
    More about this property
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