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2301 Newport Blvd 3,624 SF Office Building Costa Mesa, CA 92627 $3,995,000 ($1,102.37/SF)
Investment Highlights
- Building-top signage opportunities, with visibility to over 95,000 cars per day
- Surface parking at a ratio of 6/1,000 SF
- Easy access to the 73, 405, and 55 Freeways
- Flexible floor plate that can be easily demised for a variety of uses and sizes
- Strong window line providing an abundance of natural light throughout
Executive Summary
Sale Price: $3,995,000.00
2301 Newport Boulevard represents a rare opportunity to own a freestanding medical or retail building in one of Orange County’s most desirable commercial corridors. Positioned with direct visibility from both Newport Boulevard and the 55 Freeway, the property offers unmatched exposure further enhanced by exterior signage opportunities,
a distinct advantage in this high-traffic submarket.
Surface parking allows patients and customers to park and walk directly in, delivering the kind of convenient, low-friction access that today’s medical and retail users demand. Combined with its accessibility to major thoroughfares, the property sits at the intersection of Newport Beach’s prestige and Costa Mesa’s connectivity, giving owners and occupiers the best of both markets.
2301 Newport Boulevard represents a rare opportunity to own a freestanding medical or retail building in one of Orange County’s most desirable commercial corridors. Positioned with direct visibility from both Newport Boulevard and the 55 Freeway, the property offers unmatched exposure further enhanced by exterior signage opportunities,
a distinct advantage in this high-traffic submarket.
Surface parking allows patients and customers to park and walk directly in, delivering the kind of convenient, low-friction access that today’s medical and retail users demand. Combined with its accessibility to major thoroughfares, the property sits at the intersection of Newport Beach’s prestige and Costa Mesa’s connectivity, giving owners and occupiers the best of both markets.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,624 SF
Building Class
B
Year Built
1990
Price
$3,995,000
Price Per SF
$1,102.37
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,624 SF
Building FAR
0.15
Lot Size
0.55 AC
Zoning
C2, Costa Mesa - General Commercial
Parking
19 Spaces (5.24 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 419-101-13 | Improvements Assessment | $645,539 |
| Land Assessment | $411,600 | Total Assessment | $1,057,139 |
Property Taxes
Parcel Number
419-101-13
Land Assessment
$411,600
Improvements Assessment
$645,539
Total Assessment
$1,057,139
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2301 Newport Blvd
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