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20D - AA VACANT LAND PURCHASE
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01/16/2018
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20D - AA VACANT LAND PURCHASE
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Last modified
1/11/2018 6:05:27 PM
Creation date
1/11/2018 6:01:27 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
20D
Date
1/16/2018
Destruction Year
2023
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JZ 171 Lei lu l • o• <br />LAND USES: (Continued) improved with public facilities including the <br />Santa Ana Superior Court, Orange County <br />Assessor's offices, Sheriff's station, post <br />office, City Hall, OCTA transit terminal, and <br />the Ronald Reagan Federal Courthouse <br />facility. <br />Secondary streets within the general area <br />are improved with single family and low <br />density multiple family residential <br />developments such as apartment <br />complexes, condominiums, and townhouse <br />developments. <br />Overall compatibility of existing uses in the <br />subject vicinity is rated average. There are <br />no substantial external influences which <br />would significantly impact the overall <br />marketability or value of the subject parcel. <br />BUILT-UP: The immediate neighborhood is effectively <br />85% built-up. <br />OCCUPANCY: Industrial: 40±% owners. <br />60±% tenants. <br />Residential: 70±0/o owners. <br />30±0/b tenants. <br />Commercial: 40±0/b owners. <br />60±% tenants. <br />PRICE RANGE: Commercial land values within the greater <br />northern Orange County market area <br />generally range between $30.00 and ex- <br />ceeding $60.00 per square foot of land area. <br />The upper range of value pertains to rela- <br />tively prominent corner locations along <br />primary thoroughfares suitable for high end <br />retail uses such as service station facilities <br />and fast food restaurants. <br />Residentially zoned land parcels generally <br />range in value from $30.00 to exceeding <br />$90.00 per square foot of land area. The <br />LIDGARD AND ASSOCIATES <br />APPRMS HRS -CONSULTANTS <br />0 <br />20D-36 <br />
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