4910 Birch StNewport Beach, CA 92660

Property Details for 4910 Birch St

Year built

1975

Lot size

0.64 AC

Property size (Sq ft)

75,000 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

445-131-08

APU

44513108

Description

This Class A executive office building, Olen Center Newport, located at 4910 Birch St in Newport Beach, CA 92660, offers exceptional opportunities for businesses seeking premium space in Orange County. The property boasts a total of 62,168 square feet, with multiple tenancy options available. Currently, there are two contiguous spaces available, ranging from a minimum of 15,811 square feet to a maximum of 15,891 square feet. A significant amount of vacant space, totaling 31,702 square feet, presents a unique chance to secure a substantial footprint in this desirable location. The building's prime location in Newport Beach provides easy access to major transportation arteries and a wealth of amenities. Ideal for companies seeking a prestigious address and modern workspace, this property offers a sophisticated environment for businesses of all sizes. The building's Class A designation reflects its high-quality construction, modern amenities, and exceptional location. Interested parties are encouraged to inquire about lease terms and availability for these immediately available spaces. This is an unparalleled opportunity to establish a presence in one of Southern California's most sought-after business districts. Don't miss this chance to secure your ideal office space in the heart of Newport Beach.

• CAP approach

  CAP return

  Valuation

  6%

  $53,654,600

  6.5%

  $49,527,324

  7%

  $45,989,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $66,522,332

  Geo Method

  $66,522,332

• Alternative Use

  Use

  Valuation

  Residential

  $41,778,148

  Hospitality

  $38,268,560

  Educational

  $31,838,992

  Medical

  $32,933,984

  Retail

  $49,527,324

Location Insight

City

Newport Beach

County

Orange

State

California

Latitude

33.6664

Longitude

-117.86

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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