Industrial Buildings with Fenced
For Sale
Contact for pricing
1040 N Olive St, Anaheim, CA 92801
Two industrial buildings totaling 34,484 SF feature 12–13' clear height and a fenced yard on 58,806 SF of land.
Property Size34,484 SF
Price / SF$255
Days on Market229
Property Features for 1040 N Olive St
General Information
Standard status
Active
Size
34,484 SF
Property subtype
INDUSTRIAL
Listing Agency:
Voit Real Estate Services
(714) 978-7880
Listed By:
Brenden Hefner
(949) 355-3874
Source:
Moodyscre
Added: Jan 21
Changed: Aug 16
Last Checked: Aug 14 at 7:49AM
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 offering includes two industrial buildings totaling 34,484 square feet. The facilities provide approximately 12 to 13 feet of clear height and are supported by a fenced yard, positioned on 58,806 square feet of land.
The property is located close to Interstates 91, 57, and 5, supporting convenient regional access for distribution and industrial uses.
As presented, the asset is well suited for users seeking multiple industrial structures and outdoor yard space within a fenced area.
The property is located close to Interstates 91, 57, and 5, supporting convenient regional access for distribution and industrial uses.
As presented, the asset is well suited for users seeking multiple industrial structures and outdoor yard space within a fenced area.
Key Highlights
- Two industrial buildings totaling 34,484 SF
- 12'-13' clear height in the industrial buildings
- Fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$541,379
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,827,580
$10.8M
Cap Rate 7%
$7,733,986
$7.7M
Cap Rate 9%
$6,015,322
$6.0M
Market Conditions
NOI Build-Up for 34,484 SF
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.
Gross rent
$666.2K $19.32/SF
− Vacancy
−$29.3K −$0.85/SF
EGI
$636.9K $18.47/SF
− OpEx
−$95.5K −$2.77/SF
NOI
$541.4K $15.70/SF
Area
ZIP 92801
Vacancy
4.40%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,827,580
Cap Rate 7%
$7,733,986
Cap Rate 9%
$6,015,322
Alternative Uses
Best Use
Warehouse
$7.73M
$6.77M – $9.02M
NOI $541,379 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.98M
$9.61M – $12.82M
NOI $768,938 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92801, CA
63,163
Population
19,519
Households
3.2
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
6.3 sq mi
ZIP Area
10,026
Density / Sq Mi
$78,477
Median Household Income
$37,516
Median Earnings
$1,977
Median Rent
$632,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Anaheim Fullerton Storage — 711 E La Palma Ave, Anaheim, CA 92801
- P & O Cold Logistics — 1415 S Raymond Ave, Anaheim, CA 92801
- Storage Etc Anaheim — 900 E Orangethorpe Ave, Anaheim, CA 92801
Frequently Asked Questions
What type of property is this?
Warehouse - Two industrial buildings totaling 34,484 SF feature 12–13' clear height and a fenced yard on 58,806 SF of land.
Where is this warehouse located?
The property is located at 1040 N Olive St Anaheim, CA.
What is the asking price?
The asking price for this property is $8,793,420.
What are key features of this property?
This property features: Two industrial buildings totaling 34,484 SF; 12'-13' clear height in the industrial buildings; Fenced yard
