2460 Chapman AveFullerton, CA 92831

Property Details for 2460 Chapman Ave

Year built

1958

Lot size

1.66 AC

Property size (Sq ft)

22,980 SF

Property type

Community centers

APN

033-420-05

APU

3342005

Description

This exceptional retail property, College Plaza, located at 2460 E Chapman Ave in Fullerton, California, presents a unique leasing opportunity. The property boasts a total of 99,034 square feet situated on a generous 7.71-acre lot in Orange County. Currently, there is 10,000 square feet of vacant space available for lease, perfect for a variety of commercial uses. The building is classified as a single-suite, multi-tenant retail space, offering significant potential for a business seeking a prominent location. The property's address is in the 92831 zip code, providing easy access to major transportation routes and a thriving consumer base. This prime location in Fullerton offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and strong brand recognition. The expansive lot size provides ample parking and potential for future expansion. This is a rare opportunity to secure a substantial retail space in a highly desirable area of Orange County. Interested parties are encouraged to inquire about lease terms and conditions. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $7,326,116

  6.5%

  $6,762,569

  7%

  $6,279,528

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,689,957

  Geo Method

  $11,245,465

• Alternative Use

  Use

  Valuation

  Residential

  $5,704,480

  Hospitality

  $5,225,273

  Educational

  $4,347,366

  Medical

  $4,496,878

  Retail

  $6,762,569

Location Insight

City

Fullerton

County

Orange

State

California

Latitude

33.8736

Longitude

-117.887

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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