Newport Beach, California, is a prime location for investing in industrial properties, offering a unique blend of coastal charm and economic opportunity. With its rich history and strong economy, Newport Beach is an attractive destination for businesses and investors alike. Industrial properties in Newport Beach can represent a range of investments, from manufacturing and logistics facilities to research and development centers. The city's strong infrastructure, including the Newport Harbor and John Wayne Airport, makes it an ideal location for businesses that require easy access to transportation hubs. Additionally, Newport Beach is home to a number of major corporations, including Pacific Life and PIMCO, and is situated near the University of California, Irvine, providing access to a skilled workforce. The city's amenities, such as the Hoag Hospital Newport Beach and the Pelican Hill Golf Club, also make it an attractive location for businesses and employees alike. With its stunning natural beauty and strong economy, Newport Beach is an excellent choice for businesses looking to establish a presence in Southern California.
Newport Beach is home to a diverse range of properties, including 9 industrial properties for sale. The city's industrial properties offer a range of benefits, including proximity to major transportation hubs and access to a skilled workforce. In addition to industrial properties, Newport Beach is also home to a number of warehouses, including those located near the Newport Harbor and John Wayne Airport. The city's land for sale offers opportunities for development and investment, with a range of parcels available near major roads and transportation hubs. Apartment buildings in Newport Beach offer a range of investment opportunities, from luxury complexes to affordable housing options. Commercial real estate in Newport Beach includes a range of properties, from office buildings to retail centers, and offers opportunities for businesses to establish a presence in the city. With its strong economy and diverse range of properties, Newport Beach is an excellent choice for businesses and investors looking to establish a presence in Southern California.
What is the average price per square foot for industrial properties in Newport Beach?
The average price per square foot for industrial properties in Newport Beach is $768 USD per square foot, with an average size of 6,981 square feet and a largest size of 27,989 square feet, among the 9 available listings.
How do location and transportation access affect industrial property values?
In Newport Beach, California, the location and transportation access of industrial properties significantly impact their values, with proximity to major roads, airports, and seaports being crucial factors in determining their worth.
- Industrial properties near major roads like Pacific Coast Highway (CA-1), Jamboree Road, and MacArthur Boulevard tend to have higher values due to easy access to transportation networks, facilitating the movement of goods and services.
- The presence of John Wayne Airport, located north of Newport Beach, also increases the value of industrial properties in the area, as it provides convenient air cargo transportation options.
- Furthermore, the city's coastal location and proximity to the Newport Harbor, the largest recreational boat harbor on the U.S. west coast, make industrial properties with waterfront access or proximity to the harbor more valuable, particularly for businesses involved in maritime industries.
