SOLD 01/19/2024
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Land sold for $4,500,000 in 201 days
Collins Ave Orange, CA, 92868
Off the market 1.03 acres
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.
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Property details
45,038 sqft interior area
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None
Land area
45,038 sqft (1.03 acres)
Price per sqft
$99/sqft
Address
Collins Ave, Orange, CA, 92868
City of California
Orange
County
Orange
District
Listing
Zoning
M2 I
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Listed by
Matthew Wenzel, Marcus & Millichap
Name
Matthew Wenzel
License number
01198357
Brokerage company
Marcus & Millichap
MLS #
CRPW23118704
Buyer agent
Name
Timothy Shields
Brokerage company
Thunderbird Capital Corporatio
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Mortgage
$13,817
Taxes
$0
HOA dues
$0
Mortgage
$900,000 / 20%
2.28%
30 years
Your amount
$13,817 / month
Lot details
TMK #37505206
Parcel #
37505206
92868 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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Supermarket
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Costco
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no data
Hospital
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Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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High school
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Local airport
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no data
People living in 92868
47%
Families with children
National average: 39%
26%
Non family households
445,392
Population
$108,379
Average Income
Age & gender
Median age 34 years
More info
Commute types
88% commute by car
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Education level
23% have high school education
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Number of employees
2% work in education and healthcare
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Vehicles available
38% have 2 vehicle
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Vehicles by gender
38% have 2 vehicle
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Housing market insights for
$965.94k
Neighborhood average
sales price*
sales price*
$922.5k
Neighborhood median
sales price*
sales price*
407
Number
of sales*
of sales*
Housing type
50% are single detacheds
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Rooms
36% of the houses have 4 or 5 rooms
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Bedrooms
57% have 2 or 3 bedrooms
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Owners vs Renters
50% are owners
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14.33 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Other Water/Sewer, Water/Sewer See Remarks, Sewer On Site
Utilities
Other Water/Sewer, Water/Sewer See Remarks, Sewer On Site
Location Details, Documents & Disclosures
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Directions to property
North of Collins Ave, One Parce
Price history
Sold Jan 19, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 19, 2024 | Sold | $4,500,000 | 99.92 | Public Record |
| Jan 19, 2024 | Price Decrease | $4,500,000 -16.67% | 99.92 | MLS #CRPW23118704 |
| Dec 8, 2023 | Under contract | $5,400,000 | 119.9 | MLS #CRPW23118704 |
| Jul 3, 2023 | New Listing | $5,400,000 | 119.9 | MLS #CRPW23118704 |
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Frequently Asked Questions about Collins Ave
What is Collins Ave?
Collins Ave is a lot of 1.03 acres (about is 45,038 sqft).
What is the full address of this Land?
Collins Ave, Orange, CA, 92868.
Tell me about the point of interest nearby
The closest grocery stores are Smart & Final Extra!, 1.58 miles away and Stater Bros., 1.81 miles away.
Based on information from the bridgeMLS as of 05-09-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Jan 22, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Smart & Final Extra!, 1.58 miles away and Stater Bros., 1.81 miles away.
The 92868 zip area has a population of 445,392, and 47% of the families have children. The median age is 34.51 years and 88% commute by car. The most popular housing type is "single detached" and 50% is owner.
