NOT LISTED FOR SALE

0 W Collins Ave Orange, CA 92868

1.03 Acres
-- Price per Acre
45,037 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $4,500,000

86 Days on Market

Highlights

  • 1.03 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of January 2024

The subject property is a ±1.0 acre industrial yard located just east of Main Street and north of Collins Ave. in the city of Orange. Zoning on this site is
M-2 Industrial Manufacturing. The M-2 district is intended to provide for the continuation and development of heavy manufacturing industries in locations where they are compatible with and will not adversely impact adjacent land uses. Sample M-2 uses include contractor’s yards, auto related uses, production/wholesale uses and storage uses. This site has no major street frontage although access is provided both from Collins Ave (from the south) and from Enterprise Street (from the east). Currently the site is occupied by five separate tenants who are all on shorter term leases. Average industrial rents in Orange County are among the highest of all major markets in the US and demand for industrial land continues to be strong in light of the low vacancy environment.

Last Agent to Sell the Property

Matthew Wenzel

Marcus & Millichap License #01198357 Listed on: 07/03/2023

Last Buyer's Agent

Timothy Shields

Thunderbird Capital Corporatio License #01172143

Property Details

Property Type

  • Land

Lot Details

  • 1.03 Acre Lot
  • Property fronts an alley
  • Level Lot
  • Value in Land
  • Property is zoned M2 Industrial

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 789
  • Assessor Parcel Number 37505206
  • $15 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: Alley
  • View: No
  • Zoning: M2 Industrial
  • Property Type: Land
  • Parcel Number: 37505206
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 99.92

Utilities

  • Utilities: Electricity Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot Over 40000 Sqft, Value In Land
  • Lot Size Sq Ft: 45038.00
  • Lot Size Acres: 1.0339
  • Latitude Manual: 33.80445000

Multi Family

  • Lot Size Area: 45038.0000 Square Feet

Tax Info

  • Tax Census Tract: 762.04
  • Tax Lot: 12
  • Tax Tract Number: 789
  • TaxOtherAnnualAssessmentAmount: 15.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $4,500,000 -16.7% --
07/03/2023 07/03/23 For Sale $5,400,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23118704

California Regional Multiple Listing Service (CRMLS)