- For Sale $2,600,000
- Property Type Industrial
- Property Size 21,300 SF
- Additional Rent Contact for pricing
- Date Updated Oct 3, 2024
- Website 2911norangeolive.sharplaunch.com
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%
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Attachments
False
Contacts
Location
Getting Around
-
Walk Score ®
73/100
Very Walkable
-
Transit Score ®
39/100
Some Transit
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Bike Score ®
31/100
Somewhat Bikeable
- City Orange, CA
- Zip Code 92865
- Market Orange County
Points of Interest
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Anaheim Canyon
1.11 miles
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Anaheim Regional Transportation Intermodal Center
3.01 miles
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Tomorrowland Station
4.44 miles
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Mickey's Toontown Depot
4.52 miles
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Fantasyland Station
4.59 miles
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Hollywood East Stop
4.68 miles
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Sunset Boulevard Stop
4.69 miles
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Buena Vista Street Stop
4.73 miles
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Carthay Circle Stop
4.77 miles
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New Orleans Square Station
4.80 miles
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Valero
0.44 miles
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Shell
0.49 miles
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76
0.57 miles
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Chevron
0.65 miles
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Valero
0.78 miles
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Arco
0.80 miles
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Chevron
0.81 miles
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Shell
1.09 miles
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Arco
1.13 miles
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Chevron
1.16 miles
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Staff Parking
0.56 miles
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Lincoln Park and Ride
0.63 miles
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Lincolin East/West Park and Ride
0.64 miles
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Camelot Golfland Parking
0.94 miles
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Student Parking
2.19 miles
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Faculty Parking
2.26 miles
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Guest Parking
2.41 miles
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Honda Center Parkinglot
2.74 miles
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Davis Lot
2.84 miles
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Harris / Morlan Lot I-
2.85 miles
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Troy's Burgers
0.29 miles
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Nava Thai Cuisine
0.43 miles
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Spicewood Grill & Curry
0.46 miles
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Tacos Querétaro
0.47 miles
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Naples Pizza & Pasta
0.47 miles
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Del Taco
0.47 miles
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Wienerschnitzel
0.49 miles
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Mama Hong's Vietnamese Kitchen
0.54 miles
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Denny's
0.54 miles
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Flappy Jack's Pancake House
0.61 miles
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Vons
0.57 miles
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Walmart
0.83 miles
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Sprouts Farmers Market
0.90 miles
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Ross
1.00 miles
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Sears
1.06 miles
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Target
1.14 miles
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Trader Joe's
1.18 miles
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Big Lots
1.55 miles
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Cameo Center
1.61 miles
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TJ Maxx
2.01 miles
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Kaiser Permanente Orange County – Anaheim Medical Center
1.00 miles
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Kaiser Permanente Radiation Oncology Center
1.04 miles
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CVS Pharmacy
1.16 miles
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Orange Fire Station 3
1.34 miles
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Riverdale Fire Station
1.81 miles
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Kaiser Permanente Lakeview Medical Offices
1.86 miles
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CVS Pharmacy
2.03 miles
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Anaheim Fire Station 5
2.04 miles
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CVS Pharmacy
2.33 miles
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Orange Police Department
2.40 miles
Frequently Asked Questions
How much does 2911 N Orange Olive cost?
The space currently listed for sale at 2911 N Orange Olive asks for $2,600,000.
What is the total square footage of 2911 N Orange Olive?
2911 N Orange Olive totals 21,300 square feet.
Looking for more in-depth information on this property?
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Contact Listing Broker
Drew McAllister
NRE Commercial | CRE Advisors
