Hines Acquires Development Site In Orange County For $20.15M
SOLD
$20,150,000
+ 2
California
See Similar DealsDevelopment Site172,497 SF
Sold 12/23/2021
SOLD
Hines Acquires Development Site In Orange County For $20.15M
3130 South Fairview Street, Santa Ana, California 92704, United States
See Similar DealsDevelopment Site172,497 SF
Sold 12/23/2021
+ 2
Summary
CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$116
Total Square Footage:172,497 SF
Transaction Type:Sale
A development site located at 3130 S. Fairview in Orange County has been sold for a price of $20,150,000. The property spans a total area of 172,497 square feet, resulting in a price per square foot of $116. The transaction took place on December 23, 2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $20,150,000
- Address: 3130 S. Fairview, Orange County
- Square Footage: 172,497
- Price per Square Foot: $116
- Buyer: Hines
- Seller: Williams Family
- Brokers: Steffan Morris, Zach Schwaner, Jason Helmick & Dale Camera - Lee & Associates
The buyer of the property is Hines, while the seller is the Williams Family. The transaction was facilitated by brokers Steffan Morris, Zach Schwaner, Jason Helmick, and Dale Camera from Lee & Associates.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,074,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$71,588.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$95,521.28
Annual Debt Service$1,146,255.36
Is there something missing? Send suggestions