1540 E Edinger Ave - Industrial LAND FOR SALE


Santa Ana, CA 92705 23,958 SF
$1,900,000 USD
949-419-3205
1540 E Edinger Ave, Santa Ana, CA for Sale
$1,900,000 USD
Industrial LAND - FOR SALE
1/10
23,958 SF

1540 E Edinger Ave
Santa Ana, CA 92705


HIGHLIGHTS

  • ±0.55 Acre Parcel of Vacant Industrial Land in Prime Central Orange County
  • Zoning on the Site is M-1 Light Industrial with a General Plan Land Use Designation of Industrial
  • Located on busy Edinger Avenue approximately 0.75 miles west of the 55 Freeway
  • Flat Rectangular Lot with All Utilities On Site
  • Recorded Condominium Map in Place to Build a 16-Unit Office Building of Approximately 7,840 SF
  • Extremely Rare Industrial Property in a Severely Supply-Restricted Market

OVERVIEW

Marcus & Millichap is pleased to offer for sale a ±25,165 square foot parcel of vacant industrial land located at 1540 E. Edinger Avenue in the city of Santa Ana. Part of a larger office/industrial development, the property is located on the south side of Edinger Avenue just east of Grand Avenue and is situated less than a mile to the west of the 55 freeway. Previously, there had been an office building located on this property although several years ago the building burned down. There is currently a recorded office condominium map in place along with a full set of CCRs that would allow for the construction of a two-story 16-unit office condominium project of approximately 7,840 SF. The property is current vacant land though and is being sold as such. Zoning on this site is M-1 Light Industrial and the General Plan Land Use Designation is Industrial. The purpose of the Industrial designation is to provide space for activities such as light/heavy manufacturing, warehousing, processing and distribution as well as commercial uses ancillary to industrial activities. Industrial designations typically allow for buildings with a Floor Area Ratio of up to 0.45 with typical height limits of 35’. This property is flat and rectangular in shape with gross dimensions of 105.1’ of frontage along Edinger Avenue and a depth of 230’. The northerly 30’ of the parcel and the easterly 13’ of the parcel are covered by ingress/egress easements to the benefit of the other buildings in this complex and these two shared drive aisles compose approximately 5,733 square feet of the site. The site also includes 47 open parking spaces situated around the perimeter of the parcel. Vacant parcels of industrial land in Santa Ana are very difficult to find and the market is extremely supply-restricted. With great frontage on Edinger Avenue and a location that is less than a mile to the 55 freeway, this property should be of great interest to local industrial developers or industrial users.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/ACRE

$3,454,545/AC

PRICE/SF

$79 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

M-1 Zoned Industrial Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Commercial, Industrial, Office, Distribution, Warehouse

LAND ACRES

0.55 AC

LAND SF

23,958 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

M-1

APN/PARCEL ID

403-091-14

ASK ABOUT THIS PROPERTY

Matthew WenzelMarcus & MillichapMore Info
949-419-3205

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Matthew WenzelMarcus & MillichapMore Info
949-419-3205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.