Commercial Real Estate in Orange, CA - 108 Properties Available

Orange, CA Economic Overview

Located in the heart of Orange County, the City of Orange spans over 24 square miles and lies approximately 32 miles southeast of Los Angeles, and just 3 miles north of Santa Ana. The City has a unique history of farming, with many of its earliest farmers planting grape vines and, later, the numerous orange groves that now cover the landscape. The city’s geography is predominantly flat, but is surrounded by hills to the north and east. The City is bounded by the Santa Ana River to the west, and Santiago Creek crosses the city northeast to southeast. The City of Orange has blossomed into its natural surroundings, boasting a thriving community which enjoys parks, lakes, a small zoo, a university, and a wildlife sanctuary. Orange is unique in the region, in that it possesses the second-largest concentration of historic buildings. The city is known for its preservation of spaces and architecture, and Orange commercial real estate is distinguished by its character buildings, particularly those found in its Old Town District. Orange is also home to an affluent community, with a median household income of $58,994 and of just over 141,000 residents.

Orange’s economy experienced its first “boom” during the last decade of the 19^th century, thanks to an ever-increasing demand for California-grown citrus fruits—what some refer to as the “Orange Era.” Like most cities in the area, agriculture once formed the backbone of the local economy, but now boasts a diverse economic base, including a full range of retail, office, and industrial uses, as well as major medical centers and educational institutions. Its broad range of business activity attracts local, national, and international influences to its strategically located center of commercial activity, in the heart of Orange County. The city is home to one of the strongest retail and automotive markets in the southland, accessible by four major freeways and the Metrolink commuter rail system. Orange steadily produces a higher sales per capita rate than the rest of Orange County and California, itself. Transportation and Logistics Services are the leading sales tax producing business groups in Orange, followed by Consumer Goods and Business and Industry. The largest employers in the area include University of California-Irvine Medical Center, Sisters of St. Joseph Hospital, and the Children’s Hospital of Orange County.