115 Harbor BlvdLa Habra, CA 90631
- Commercial real estate
- 0.56 AC
Property Details for 115 Harbor Blvd
- Lot size
- 0.56 AC
- Property type
- Commercial real estate
- APN
- 303-114-23
- APU
- 30311423
Description
This exceptional Orange County, California investment opportunity encompasses a substantial 4.42-acre (192,579 square foot) mixed-use property located at 115 N Harbor Blvd, La Habra, CA 90631. Currently zoned for mixed-use development, allowing up to 50 units per acre, along with retail and restaurant uses. The city encourages retail and restaurant development along Harbor and La Habra Boulevards. The property is comprised of three parcels: 115 N Harbor Blvd (79,704 sq ft), 201 N Harbor Blvd, and 1002-1026 E Stearns. 115 N Harbor Blvd is available for ground lease only. 201 N Harbor Blvd is available for both ground lease and sale. 1002-1026 E Stearns is currently in the planning stages for a 44-unit apartment complex. The entire 192,579 square foot site is subject to reconfiguration. A potential development scenario involves separate development of the 79,704 square foot 115 N Harbor parcel, leaving 112,875 square feet for a mixed-use project incorporating retail, restaurants, apartments, townhomes, or senior housing. This presents a unique opportunity to acquire a large, versatile site in a desirable Orange County location with significant development potential. All information is subject to verification.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,960,900
- 6.5%
- $5,502,370
- 7%
- $5,109,340
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,540,940
- Geo Method
- $4,709,500
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $11,819,700
- Retail / Commercial
- $5,867,910
- Mixed-Use / Specialty
- $5,694,760
- Hospitality / Lodging
- $3,979,860
- Office
- $5,502,370
- Institutional / Educational
- $5,865,840
- Residential Income
- $6,863,040
- Multifamily
- $9,075,090
- Automotive / Energy
- $5,027,870
- Parking / Income-Based Land
- $1,885,460
- Restaurant / Food Service
- $2,637,000
- Healthcare / Senior Housing
- $5,995,980
Location Insight
- City
- La Habra
- County
- Orange
- State
- California
- Latitude
- 33.9324
- Longitude
- -117.934
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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