5242 E Lomita

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5242 E Lomita

Orange, CA 92869
Asking Price
$450K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 5242 E Lomita in Orange California
  • Total land area measures approximately 0.587 acres
  • Currently offered for sale at 450000 dollars
  • Property is situated in a stable Southern California submarket
  • Vacant parcel suitable for diverse commercial development projects

What's Special

Orange is a prominent city within Orange County, characterized by a stable economic base and robust regional infrastructure that supports significant commercial activity. This 0.587-acre parcel of land sits in a well-established submarket, benefiting from proximity to major transit routes and the dense residential and commercial populations of Southern California. The location offers accessibility for logistics, development, or service-based enterprises looking to establish a footprint in this highly sought-after metro region. Investors and developers often view vacant parcels in this area as practical options for ground-up construction or specialized operational use. Given the scarcity of developable sites in the region, the property presents a functional canvas for projects ranging from professional offices to industrial storage or niche commercial facilities. The site is positioned to accommodate various business models that require a foothold in a mature market with consistent demand for well-located real estate.

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

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