Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1021 S Placentia Ave Fullerton, CA 92831

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Industrial condo featuring a showroom and two-story offices.

    Type:Industrial
    Property size:
    10,080 SF
    Added:
    Nov 26, 2025
    Days on Market:
    126
    Last Refresh:
    Mar 29 at 9:50 pm

    Property Features for 1021 S Placentia Ave

    General Information

    Standard status
    Active
    Size
    10,080 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Phil Fridd
    Phil Fridd

    Listing agent Phil Fridd License #CalDRE #01000952

    Listing office Lee & Associates

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Lee & Associates

    Overview

    Industrial Condo with Showroom

    This industrial condo features frontage and signage on Placentia Avenue. The property includes a large showroom and two-story offices. Zoned CM (Commercial/Retail & Manufacture), the condo offers drive-around access. Internet fiber service and natural gas are available. The property size is 10080 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    KBC Tools & Machinery, ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • REDs Pizza — 699 S State College Blvd suite l, Fullerton, CA 92831
    • Catering Systems Inc — 2512 Fender Ave # E, Fullerton, CA 92831
    • Jason's Catered Events — 544 S State College Blvd, Fullerton, CA 92831

    Location Insight

    • Map
    • Local Demand
    City
    Fullerton
    County
    Orange
    State
    California
    Longitude
    -117.883
    Latitude
    33.8626

    Nearby Similar for Sale

    • $1,149,000
      1,490 SF

      Downtown Fullerton Commercial Opportunity

      Charming commercial property in vibrant Downtown Fullerton with parking.
      206 W Wilshire, Fullerton, CA 92832
      View Details
    • $2,249,000
      3,824 SF

      Fullerton Commercial Building For Sale

      Commercial building in Fullerton, CA, suitable for various businesses.
      1555 W Commonwealth Avenue, Fullerton, CA 92833
      View Details
    • $220,000

      Profitable Teahouse Franchise Opportunity

      Turnkey Feng Cha teahouse franchise for sale in Fullerton.
      729 N Placentia Avenue, Fullerton, CA 92831
      View Details
    • $149,000

      Turnkey Restaurant Opportunity in Fullerton

      Remodeled restaurant near universities with high foot traffic.
      565 N Commonwealth Ave, Fullerton, CA 92831
      View Details
    • $1,590,000
      3,198 SF

      Fullerton Commercial Property For Sale

      Corner lot commercial property with established tenancy in thriving Fullerton.
      649 W Commonwealth 655, Fullerton, CA 92832
      View Details
    • $1,750,000
      4,337 SF

      Fullerton Multifamily Investment Opportunity

      Four-unit apartment property in Fullerton with stable income.
      3024 Topaz Ln, Fullerton, CA 92831
      View Details
    • $6,199,000
      11,013 SF

      Fullerton Apartment Complex For Sale

      18-unit apartment complex in a high-demand Fullerton location.
      111 N Stanford Avenue, Fullerton, CA 92831
      View Details
    • $6,199,000
      11,013 SF

      Fullerton Multifamily Investment Opportunity

      18-unit apartment complex in high-demand Fullerton location.
      111 N Stanford Avenue, Fullerton, CA 92831
      View Details
    • $2,999,888
      5,246 SF

      Fullerton Mixed-Use Investment Opportunity

      Two-story commercial property with retail, office, and residential units.
      4014 W Commonwealth, Fullerton, CA 92833
      View Details
    • $1,350,000
      2,188 SF

      Fullerton Duplex with Detached Homes

      Two detached homes on one lot in Fullerton's Historic Zone.
      151 N Lincoln, Fullerton, CA 92831
      View Details
    • $750
      13,000 SF

      Fullerton Retail and Office Opportunity

      Prime retail and creative office space in Downtown Fullerton.
      201 N. Harbor, Fullerton, CA 92832
      View Details
    • $1,980,000
      5,880 SF

      Freestanding Office Building For Sale

      Single-story office building with high parking ratio in Fullerton, CA.
      444 East Chapman Avenue, Fullerton, CA 92832
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial condo featuring a showroom and two-story offices.
    Where is this flex space located?
    The property is located at 1021 S Placentia Ave Fullerton, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Placentia Avenue Frontage/Signage; CM Zoning (Commercial/Retail & Manufacture); Large Showroom, 2‑story Offices
    (714) 564-7124
    We can help!
    Listing Contact
    Phil Fridd
    Phil Fridd
    Real Estate License ID: CalDRE #01000952
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!