Industrial Condo with
1000 Ortega Way Placentia, CA 92870
For Sale
Contact for pricing
Industrial condo includes 1,500 SF office, one ground-level loading door, and 15' clear height.
Property Size5,491 SF
Price / SF$400
Days on Market52
Property Features for 1000 Ortega Way
General Information
Standard status
Active
Size
5,491 SF
Property subtype
INDUSTRIAL
Listing Agency:
Voit Real Estate Services
(949) 933-5744
Listed By:
Reed Rutter · License #02153762
(949) 933-5744
Source:
Moodyscre
Added: Jun 8
Changed: Jul 28
Last Checked: Jul 28 at 5:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Voit Real Estate Services
Investment Insights
Based on property information with market context.
This industrial condo offers a flexible warehouse configuration with 1,500 square feet of office space. The unit features one ground-level loading door, 15-foot clear height, and a sprinklered warehouse environment. Electrical service is listed at 400 amps.
The property is offered for sale as an industrial condo in Placentia, CA.
As presented, the combination of office space and a single grade-level loading door supports light distribution and warehouse use within a sprinklered facility.
The property is offered for sale as an industrial condo in Placentia, CA.
As presented, the combination of office space and a single grade-level loading door supports light distribution and warehouse use within a sprinklered facility.
Key Highlights
- Industrial condo with 1,500 SF office space
- One ground‑level loading door
- 15' clear height
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.1k | $29.88 |
| − Vacancy | −$20.1k | −$3.66 |
| EGI | $144.0k | $26.22 |
| − OpEx | −$36.0k | −$6.55 |
| NOI | $108.0k | $19.66 |
5,491 SF · lease $29.88/SF/yr · vacancy 12.25% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.80M
NOI $107,979 @ 7.0% cap · market cap 4.92%
Second Best
Flex RnD
$1.43M
$1.25M – $1.67M
NOI $99,906 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $129,102 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Orange County Food Service S & K Vending — 3071 E Miraloma Ave, Anaheim, CA 92806
- Catering Systems Inc — 2512 Fender Ave # E, Fullerton, CA 92831
- MIKMEALS — 3091 E Coronado St, Anaheim, CA 92806
- Sang Guys — 3091 E Coronado St, Anaheim, CA 92806
Frequently Asked Questions
What type of property is this?
Flex space - Industrial condo includes 1,500 SF office, one ground-level loading door, and 15' clear height.
Where is this flex space located?
The property is located at 1000 Ortega Way Placentia, CA.
What is the asking price?
The asking price for this property is $2,196,400.
What are key features of this property?
This property features: Industrial condo with 1,500 SF office space; One ground‑level loading door; 15' clear height
