2911 N Orange Olive

For Sale

2911 N Orange Olive Rd, Orange, CA 92865

This Orange property for sale is located at 2911 N Orange Olive Rd. The current listed sale price for 2911 N Orange Olive is $2,600,000.

Contacts

broker

Drew McAllister

NRE Commercial | CRE Advisors

Property Details

INVESTMENT SUMMARY

Offered for the first time in 45 years, this is an incredibly unique opportunity to buy a quality generational asset in the heart of Orange County, CA. Priced to sell, the deal presents a buyer with a number of opportunities, including a great basis for an owner-user, huge upside for an investor to raise rents to market in less than 4 years, or a covered land play due to the flexible zoning which allows for a multitude of development plays including industrial, multifamily and commercial.


INVESTMENT HIGHLIGHTS

Unincorporated Orange County - Flexible M1 (H) Zoning Designation

Redevelopment Opportunity - Industrial, Multifamily (Affordable Housing) and Commercial Developments all at play

Covered Land Play with in-place income while you entitle the site for redevelopment

Year 1 Cap Rate – 5.72%

Year 2 Cap Rate – 5.91%

Year 3 Cap Rate – 6.11%

Year 4 Cap Rate – 7.54%

Pro Forma Cap Rate - 8.36%

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Attachments

Getting around

  • 79/100

    Walk Score ®

  • 48/100

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Location

  • City Orange, CA
  • Zip Code 92865
  • Market Orange County

Points of Interest

  • Anaheim Regional Transportation Intermodal Center

    2.96 miles

  • Orange

    3.45 miles

  • Tomorrowland Station

    4.41 miles

  • Mickey's Toontown Depot

    4.49 miles

  • Fantasyland Station

    4.56 miles

  • The Hub

    4.58 miles

  • Sunset Boulevard Stop

    4.62 miles

  • Main Street Station

    4.65 miles

  • Hollywood East Stop

    4.65 miles

  • Buena Vista Street Stop

    4.69 miles

  • Valero

    0.41 miles

  • Shell

    0.46 miles

  • 76

    0.55 miles

  • Chevron

    0.65 miles

  • Arco

    0.76 miles

  • Tesla Supercharger

    3.09 miles

  • Anaheim - Imperial Hwy

    3.33 miles

  • Blink

    3.40 miles

  • ChargePoint

    3.55 miles

  • Tesla

    4.64 miles

  • Rapids Express Car Wash

    1.25 miles

  • Enterprise

    1.36 miles

  • Sunkist Car Wash

    1.99 miles

  • Bliss Car Wash - Placentia

    2.66 miles

  • Puddles Car Wash

    2.76 miles

  • Tustin Car Wash

    3.16 miles

  • Rapid Express Car Wash

    3.90 miles

  • Shell

    3.98 miles

  • Avis

    4.35 miles

  • Hertz

    4.37 miles

  • Troy's Burgers

    0.25 miles

  • Pasta Party

    0.41 miles

  • Del Taco

    0.45 miles

  • Wienerschnitzel

    0.46 miles

  • Nava Thai Cuisine

    0.46 miles

  • KAI Sushi & Roll

    0.47 miles

  • Whata Lotta Pizza

    0.47 miles

  • Subway

    0.48 miles

  • Ms Donuts

    0.49 miles

  • China Wok

    0.49 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Drew McAllister

NRE Commercial | CRE Advisors