- For Sale $2,600,000
- Property Type Industrial
- Additional Rent Contact for pricing
- Date Updated Dec 21, 2024
INVESTMENT SUMMARY
Offered for the first time in 45 years, this is an incredibly unique opportunity to buy a quality generational asset in the heart of Orange County, CA. Priced to sell, the deal presents a buyer with a number of opportunities, including a great basis for an owner-user, huge upside for an investor to raise rents to market in less than 4 years, or a covered land play due to the flexible zoning which allows for a multitude of development plays including industrial, multifamily and commercial.
INVESTMENT HIGHLIGHTS
Unincorporated Orange County - Flexible M1 (H) Zoning Designation
Redevelopment Opportunity - Industrial, Multifamily (Affordable Housing) and Commercial Developments all at play
Covered Land Play with in-place income while you entitle the site for redevelopment
Year 1 Cap Rate – 5.72%
Year 2 Cap Rate – 5.91%
Year 3 Cap Rate – 6.11%
Year 4 Cap Rate – 7.54%
Pro Forma Cap Rate - 8.36%
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
79/100
Very Walkable
-
Bike Score ®
48/100
Somewhat Bikeable
- City Orange, CA
- Zip Code 92865
- Market Orange County
Points of Interest
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Anaheim Regional Transportation Intermodal Center
2.96 miles
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Orange
3.45 miles
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Tomorrowland Station
4.41 miles
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Mickey's Toontown Depot
4.49 miles
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Fantasyland Station
4.56 miles
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The Hub
4.58 miles
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Sunset Boulevard Stop
4.62 miles
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Main Street Station
4.65 miles
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Hollywood East Stop
4.65 miles
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Buena Vista Street Stop
4.69 miles
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Valero
0.41 miles
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Shell
0.46 miles
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76
0.55 miles
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Chevron
0.65 miles
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Arco
0.76 miles
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Tesla Supercharger
3.09 miles
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Anaheim - Imperial Hwy
3.33 miles
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Blink
3.40 miles
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ChargePoint
3.55 miles
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Tesla
4.64 miles
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Staff Parking
0.50 miles
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Lincoln West Park and Ride
0.61 miles
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Lincolin East Park and Ride
0.63 miles
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Ambulance Parking
0.96 miles
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Camelot Golfland Parking
0.99 miles
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Emergency Parking
1.00 miles
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Physician Parking
1.03 miles
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Student Parking
2.09 miles
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Faculty Parking
2.22 miles
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Troy's Burgers
0.25 miles
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Pasta Party
0.41 miles
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Del Taco
0.45 miles
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Wienerschnitzel
0.46 miles
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Nava Thai Cuisine
0.46 miles
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KAI Sushi & Roll
0.47 miles
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Whata Lotta Pizza
0.47 miles
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Subway
0.48 miles
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Ms Donuts
0.49 miles
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China Wok
0.49 miles
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Vons
0.55 miles
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Walmart
0.78 miles
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Sprouts Farmers Market
0.85 miles
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Ross
0.95 miles
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Sears
1.00 miles
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Target
1.09 miles
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Trader Joe's
1.13 miles
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Produce World
1.41 miles
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Cameo Center
1.56 miles
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Smart & Final Extra!
1.95 miles
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Vons Pharmacy
0.55 miles
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CVS Pharmacy
1.05 miles
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Kaiser Permanente Orange County – Anaheim Medical Center
1.06 miles
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Kaiser Permanente Radiation Oncology Center
1.11 miles
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Orange Fire Station 3
1.28 miles
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Riverdale Fire Station
1.85 miles
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Kaiser Permanente Lakeview Medical Offices
1.90 miles
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Anaheim Fire Station 5
2.05 miles
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Villa Park Pharmacy
2.07 miles
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Satellite Healthcare (Dialysis)
2.09 miles
Frequently Asked Questions
The space currently listed for sale at 2911 N Orange Olive asks for $2,600,000.
2911 N Orange Olive totals 21,300 square feet.
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NRE Commercial | CRE Advisors
