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Property profile & analytics
OFF-MARKET Estimated value $2,975,000
Showrooms

856 Ross St Santa Ana, CA 92701-3420

0.32 ac lot
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3660368
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Lot 0.32 ac (13,779 SF)
APN 005-144-35
UPID US09-3660368
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
  • Coinstar Bank Credit Union
  • Autoland LLC - Orange County's Credit Union Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.98M
Owner & transaction history
Vistamar Investments LLC · 3 yrs held
Vistamar Investments LLC
since 2022
Last sale
$3.4M
1 recorded transaction
2022
$3.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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