14211 Euclid StGarden Grove, CA 92843

  • Other commercial real estate
  • 1.63 AC
For Sale
$10,400,000 View listing

Property Details for 14211 Euclid St

Lot size
1.63 AC
Property type
Other commercial real estate
Property subtype
Showrooms
APN
099-181-62
APU
9918162

Description

This exceptional 19,713 square foot shopping center in Garden Grove, CA, presents a rare investment opportunity. Located at 14211-14221 Euclid St, 92843, this multi-tenant property boasts 15 fully occupied retail units, ensuring a stable income stream. Situated on a prominent 71,034 square foot corner lot in Orange County, the plaza benefits from high visibility and accessibility, attracting significant foot traffic. Recent improvements include a new roof and a completely resurfaced parking lot with 85 spaces, minimizing future maintenance expenses. The gross lease structure simplifies management, and the potential for increased rental income exists through lease renegotiations. This fully leased property offers a compelling combination of strong location, stable tenancy, and recent upgrades, making it an ideal acquisition for discerning investors seeking a high-return, low-risk investment in a thriving California market. The asking price is $10,400,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $24,461,034
    6.5%
    $22,579,416
    7%
    $20,966,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $34,761,112
    Geo Method
    $34,761,112
  • Alternative Use

    Use
    Valuation
    Residential
    $19,046,582
    Hospitality
    $17,446,566
    Educational
    $14,515,339
    Medical
    $15,014,544
    Retail
    $22,579,416
14211 Euclid St, Garden Grove, California

Location Insight

City
Garden Grove
County
Orange
State
California
Latitude
33.7572
Longitude
-117.938
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$77,984
$3,047,787
$2,124,208
$5,171,995
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