20251 Acacia StNewport Beach, CA 92660

Property Details for 20251 Acacia St

Year built

1988

Lot size

0.19 AC

Property size (Sq ft)

13,252 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

439-391-20

APU

43939120

Description

This exceptional 1,820 square foot executive office suite is ideally located in the prestigious Acacia Plaza at 20251 SW Acacia St, Newport Beach, CA 92660, within Orange County. The property is a single-tenant space, perfect for a business seeking a complete and private office environment. The entire 1,820 square feet is currently vacant and ready for immediate occupancy. The property type is classified as both retail and office, offering flexibility in its potential use. The building's location in Newport Beach provides excellent access to major transportation routes and a vibrant business community. This is a rare opportunity to secure a substantial, move-in ready office space in a highly desirable location. The suite is perfect for a company seeking a prominent address and a professional setting to conduct business. The single-tenant occupancy ensures privacy and control over the entire space. Serious inquiries are encouraged to schedule a viewing and explore the possibilities of establishing your business in this exceptional Newport Beach location. The property is categorized as an executive office suite, suggesting a high-end finish and suitable for businesses requiring a sophisticated image. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing for a swift and efficient transition into your new workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $9,480,410

  6.5%

  $8,751,148

  7%

  $8,126,066

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,754,052

  Geo Method

  $11,754,052

• Alternative Use

  Use

  Valuation

  Residential

  $7,381,920

  Hospitality

  $6,761,800

  Educational

  $5,625,738

  Medical

  $5,819,216

  Retail

  $8,751,148

Location Insight

City

Newport Beach

County

Orange

State

California

Latitude

33.6592

Longitude

-117.879

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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