725 Town And Country RdOrange, CA 92868
- Other commercial real estate
- 92,457 SF
Property Details for 725 Town And Country Rd
- Year built
- 1984
- Lot size
- 3.06 AC
- Property size (Sq ft)
- 92,457 SF
- Property type
- Other commercial real estate
- APN
- 041-214-04
- APU
- 4121404
Description
This five-story, Class A office building in Orange, CA (92868), totals 90,191 square feet on a 3.06-acre lot. Built in 1986, the property boasts a 77.5% occupancy rate across 13 tenants with a weighted average lease term of approximately 2.5 years. The building features recent upgrades including lobby and common area enhancements, EV charging stations, exterior lounge areas, and upgraded restrooms. Multiple move-in ready spec suites are available. The property benefits from a highly desirable location near Disneyland, MainPlace Mall, and major freeways (SR-22, I-5, SR-57, SR-91, SR-55), offering excellent access to John Wayne Airport and Metrolink stations. Significant vacancy (approximately 20,317 square feet currently and an additional 26,051 square feet expiring within 18 months) presents an owner-user opportunity to occupy over 50% of the building in the near term, with potential for full occupancy by 2029. Furthermore, the property's zoning allows for residential redevelopment at a density of 30-60 units per acre, adding significant future value. The city of Orange's housing needs assessment further supports this potential. This presents a unique opportunity to acquire a high-image asset in a thriving Central Orange County location with both short-term and long-term upside.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $20,424,400
- Hospitality
- $18,708,640
- Educational
- $15,565,369
- Medical
- $16,100,686
- Retail
- $24,212,796
Location Insight
- City
- Orange
- County
- Orange
- State
- California
- Latitude
- 33.7773
- Longitude
- -117.86
- 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
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