New Listing
$3,950,000
( $2194.44Per Sq Foot )
 $21,204 est/mo Sourced by Back At You

2302 Newport Boulevard,Costa Mesa, CA 92627

Costa Mesa, CA 92627

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Description

Prime Eastside Costa Mesa Commercial Land | Income-Producing Investment & Redevelopment Opportunity- An exceptional opportunity to acquire approximately 17,860 square feet (±0.41 acres) of commercially zoned land along Newport Boulevard, one of Eastside Costa Mesa's most prominent commercial corridors. Strategically positioned just minutes from Newport Beach, the 55 Freeway, The Triangle, South Coast Plaza, and John Wayne Airport, the property offers excellent regional connectivity, prominent street frontage, and convenient access to some of Orange County's most desirable coastal communities. Currently improved with the long-established Feed Barn, the property carries C1 (Local Business) zoning and presents multiple potential investment strategies, including continued commercial use, repositioning, or future redevelopment. Importantly, the parcel is situated within Costa Mesa's voter-approved Measure K corridor, creating additional potential for residential or mixed-use development, subject to applicable zoning requirements, entitlements, and City approvals. Immediate Income with Long-Term Upside: The existing occupant offers the opportunity for continued occupancy for up to 24 months at $10,000 per month ($120,000 annually), providing interim income while a purchaser evaluates development concepts, pursues entitlements, or prepares for future improvements. Offered at approximately $223.68 per square foot of land, the property represents a compelling opportunity to acquire a substantial parcel in a highly desirable coastal Orange County location.

Details

MLS #NP26226005
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Days On Site6
Listing Provided ByArbor Real Estate | Stephanie Peterson

Features

SQ Feet1,800
Story(s)1
Units1
ZoningC1
Acreage0.41

Interior

CoolingNone
HeatingNone
Heating Yes / NoNo
Cooling Yes / NoNo

Exterior

RoofShingle
Construction MaterialsConcrete, Wood Siding
Lot FeaturesZero To One Unit Acre, Flag Lot, Near Public Transit, Rectangular Lot
FencingBlock, New Condition, Wrought Iron

Utilities

UtilitiesElectricity Available, Natural Gas Available, Water Available

Area Information

StateCA
CountyOrange
CityCosta Mesa
Zip Code92627
AreaC5 East Costa Mesa
Listing VS Median (in 92627)
Price:
$3,950,000
low | high
Med:
$1,100,000
100% of Average
sqft:
1,800
low | high
Med:
1,583
62.055555555556% of Average
$ / sqft:
$2,194
low | high
Med:
$696
100% of Average
On site:
6
low | high
Med:
81.5
7.361963190184% of Average
Sourced by Back At You

Market Activity 92627

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Learn More About This Property

StateCA
CountyOrange
CityCosta Mesa
Zip Code92627
AreaC5 East Costa Mesa
Listing VS Median (in 92627)
Price:
$3,950,000
low | high
Med:
$1,100,000
100% of Average
sqft:
1,800
low | high
Med:
1,583
62.055555555556% of Average
$ / sqft:
$2,194
low | high
Med:
$696
100% of Average
On site:
6
low | high
Med:
81.5
7.361963190184% of Average
Sourced by Back At You
Listing Updated: October 21, 2026 at 12:40:36 PM PDT