14101 Yorba StTustin, CA 92780
- Other commercial real estate
- 8,933 SF
Property Details for 14101 Yorba St
- Year built
- 1978
- Lot size
- 0.51 AC
- Property size (Sq ft)
- 8,933 SF
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- 401-321-30
- APU
- 40132130
Description
This exceptional two-story commercial building, located at 14101 Yorba Street in Tustin, California, presents a compelling investment opportunity. Boasting 9,176 square feet on a 0.57-acre lot, this multi-tenant property offers significant potential for both immediate income and future growth. The asking price is $3,665,000, translating to $399 per square foot. A key advantage is the absence of any homeowner's association fees. The building enjoys prominent exposure on the 55 Freeway, ensuring high visibility and accessibility. A significant portion of the building, approximately 6,141 square feet (about two-thirds), will be available for the buyer's occupancy within one year of purchase, providing immediate use and potential for rental income from the remaining space. The property's zoning allows for some medical uses, subject to city approval, expanding the potential tenant pool. Furthermore, the building benefits from its convenient location near a variety of restaurants and amenities, enhancing its appeal to both tenants and employees. This is a rare opportunity to acquire a well-situated, multi-tenant commercial building in a thriving Tustin location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,534,338
- 6.5%
- $2,339,389
- 7%
- $2,172,290
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,830,917
- Geo Method
- $7,923,253
-
Alternative Use
- Use
- Valuation
- Residential
- $1,973,362
- Hospitality
- $1,807,589
- Educational
- $1,503,893
- Medical
- $1,555,614
- Retail
- $2,339,389
Location Insight
- City
- Tustin
- County
- Orange
- State
- California
- Latitude
- 33.7575
- Longitude
- -117.831
- 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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