This exceptional 67,000-square-foot industrial building in Costa Mesa, California, presents a unique owner-user opportunity. Located on a 2.9-acre lot within the Costa Mesa Manufacturing Park, this Class B property boasts convenient access to John Wayne Airport's back entrance, ensuring efficient logistics. Built in 1971, the building features 21-foot ceilings, six loading docks (five dock-high), and upgraded 2000-amp power (480Y/277 volts). The property includes a 5,400-square-foot mezzanine office area and a fully fenced yard with a fire sprinkler system. Zoned MP, it offers ample space for manufacturing, distribution, or warehousing. Currently occupied, the property is available for owner-user occupancy by February 28, 2025. Its prime location, modern infrastructure, and substantial size make this a rare find in the competitive Orange County market. The asking price is $26,900,000 and a 1031 exchange is permitted. This property is ideal for businesses seeking a strategic Southern California presence with easy freeway access and excellent visibility. The building also offers upgraded water supply with clarifiers.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$18,145,878
Hospitality
$16,621,526
Educational
$13,828,915
Medical
$14,304,513
Retail
$21,511,646
Location Insight
City
Costa Mesa
County
Orange
State
California
Latitude
33.6792
Longitude
-117.872
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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