856 Ross St Santa Ana, CA 92701-3420
- Showrooms
- 0.32 lot acres
Current Use by Public Records
- Coinstar / Money Transfer Service
- Autoland LLC - Orange County's Credit Union / Auto Broker / Car Dealer
Property Details for 856 Ross St
- Lot size
- 0.32 lot acres
- Property type
- Showrooms
- APN
- 005-144-35
- APU
- 514435
Description
This exceptional two-story, 13,175 square foot office building is ideally situated in Santa Ana's Civic Center area, offering unparalleled convenience and visibility. Priced at $3,999,000, this owner-user opportunity boasts 12,816 square feet of net rentable space, meticulously designed with private offices, open work areas, a spacious conference room, and well-appointed kitchen facilities. Both floors include men's and women's restrooms, easily accessible via elevator. The property sits on a substantial 39,365 square foot lot, providing ample surface parking for 61 vehicles – a generous 4.7 spaces per 1,000 square feet. Built in 1977, this Class B building benefits from "P" zoning, permitting a wide array of professional uses, including traditional office spaces, legal practices, accounting firms, insurance agencies, daycare centers, pharmacies, banks, and art galleries. Conditional Use Permits (CUPs) further expand possibilities to encompass churches, vocational schools, cafes/restaurants, adult daycare facilities, health clubs, banquet halls, extended care facilities, nursing homes, clubs, and lodges. Adding to its appeal, 856 N Ross Street is located within an Opportunity Zone, presenting significant investment advantages. The building features excellent visibility and signage opportunities, including a prominent monument sign. Easy ingress and egress, proximity to major freeways, and a wealth of nearby amenities complete this compelling offering. Available for occupancy on August 1, 2024.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,185,000
- 6.5%
- $3,040,000
- 7%
- $3,020,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,710,000
- Geo Method
- $2,620,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,035,000
- Retail
- $3,090,000
- Mixed-Use
- $3,120,000
- Hospitality
- $3,425,000
- Educational
- $2,995,000
- Residential Income
- $2,675,000
- Energy
- $2,730,000
- Income-Based Land
- $3,325,000
- Food Service
- $3,275,000
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.873
- Latitude
- 33.7533
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
