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Property profile & analytics
OFF-MARKET Estimated value $1,650,000
Industrial properties

938 2nd St Santa Ana, CA 92701-4933

0.59 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2550478
Property summary
AI-generated overview

This exceptional 8,963 square foot lot at 938 East 2nd Street in Santa Ana, Orange County, presents a unique leasing opportunity. Currently approved for a two-year period for either car sales or retail use, this versatile property offers significant potential for businesses seeking a high-visibility location. Situated in a high-traffic area, the lot boasts excellent street frontage and easy access to major thoroughfares, ensuring maximum exposure and accessibility for your business. The $16,000 monthly rent provides a competitive entry point into the thriving Santa Ana market. The ample space allows for flexible configurations, accommodating various business models, from showcasing vehicles to creating an open-air retail environment. This is an ideal location for businesses seeking a temporary yet strategically advantageous space in a bustling commercial area. The property's central location and high-traffic exposure offer unparalleled opportunities to reach a large customer base. Don't miss this chance to establish your business in a prime Santa Ana location. This is a single-tenant property with a lot size of 8,963 square feet. The temporary permit allows for adaptability and strategic short-term planning.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 0.59 ac (25,858 SF)
APN 398-473-10
UPID US09-2550478
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
  • Flag Express Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.65M
Owner & transaction history
Lightroom LLC · 2 yrs held
Lightroom LLC
since 2024
Last sale
$1.7M
2 recorded transactions
2024
$1.7M
2022
$1.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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