711 N Fairview St Santa Ana, CA 92703
- Flex space
- 7,600 SF
- 0.49 lot acres
Current Use by Public Records
- ZAM Company Used Clean Tested Car Engines & Transmissions / Used Auto Parts Store
- Alta Loma Recycling / Recycling Center
- Calco International Inc / Car Repair And Maintenance
Property Details for 711 N Fairview St
- Year built
- 1956
- Lot size
- 0.49 lot acres
- Property size
- 7,600 SF
- Property type
- Flex space
- APN
- 007-352-46
- APU
- 735246
Description
This exceptional Santa Ana industrial property presents a compelling owner-user investment opportunity. Located at 711 N Fairview St, 92703, this property encompasses three lots totaling 36,534 square feet. The existing 7,600-10,000 square foot warehouse, built in 1962, boasts a 20-foot ceiling height and a 2,400 square foot mezzanine. The property features two loading docks and twenty dock-high doors, facilitating efficient operations. Currently zoned for Industrial/Warehouse use (UN20 R-2), it's ideally suited for various applications including warehousing, auto parts sales, or light manufacturing. Ample parking, including truck parking, is available. The property's convenient location near the Metro Link, off N. Fairview and Civic Center, ensures easy access to transportation networks. The asking price is $3,499,000, and the occupancy date is July 31, 2024. This is a 1031 exchange eligible property. The property is classified as Class C and is currently owned by the seller.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $525,000
- 6.5%
- $585,000
- 7%
- $605,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $590,000
- Geo Method
- $515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $605,000
- Mixed-Use
- $600,000
- Hospitality
- $665,000
- Educational
- $560,000
- Residential Income
- $530,000
- Energy
- $565,000
- Income-Based Land
- $535,000
- Food Service
- $560,000
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.903
- Latitude
- 33.7508
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
