2183 Fairview RdCosta Mesa, CA 92627
- Other commercial real estate
- 16,152 SF
Property Details for 2183 Fairview Rd
- Year built
- 1983
- Lot size
- 1.64 AC
- Property size (Sq ft)
- 16,152 SF
- Property type
- Other commercial real estate
- APN
- 419-111-27
- APU
- 41911127
Description
This exceptional two-story, 43,249 square foot Class B office building in Costa Mesa, CA presents a unique owner-user investment opportunity. Situated on a 1.64-acre lot at 2183 Fairview Rd, 92627, this property offers 32.3% occupancy, allowing immediate use of approximately 29,293 square feet with potential for future expansion. Built in 1984, the building benefits from secure subterranean parking and excellent visibility, with potential signage opportunities seen by over 31,000 vehicles daily. The asking price is $8,995,000 ($207.98/sq ft). This prime location offers unparalleled access to Newport Beach, South Coast Metro, John Wayne Airport, and Fashion Island, with convenient access to major freeways (SR-55, I-405, SR-73, and I-5). The property is situated within a thriving area experiencing robust low-rise office market growth, with current direct vacancy well below the overall market average. Furthermore, the property's location within Costa Mesa's "Measure K" zone presents potential future redevelopment upside. This owner-user investment offers protection against rental market uncertainty and rate hikes, while providing a significant lease-saving trade-off and after-tax equity accumulation. The property's strong location and flexible tenancy make it an ideal corporate headquarters investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,757,990
- Hospitality
- $4,358,294
- Educational
- $3,626,049
- Medical
- $3,750,755
- Retail
- $5,640,521
Location Insight
- City
- Costa Mesa
- County
- Orange
- State
- California
- Latitude
- 33.6537
- Longitude
- -117.908
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].