Medical Suite with Reception
For Sale
Contact for pricing
1044 E Chapman #1042, Orange, CA 92866
Chapman Avenue suite includes exam rooms, a private bathroom, kitchenette, and dedicated office space.
Property Size7,968 SF
Price / SF$0.62
Days on Market20
Property Features for 1044 E Chapman #1042
General Information
Standard status
Active
Size
7,968 SF
Property subtype
Office
Additional Details
Property Use
Medical Office
Amenities
monument signage
private bathroom
kitchenette
office
separate waiting area
reception window
exam rooms with wood-look plank flooring
in-room hand-washing sink
upper and lower cabinetry
countertop workspace
wall-mounted paper towel dispensers
Building Details
Year Built
1959
Buildings
1
Stories
1
Listing Agency:
Ricci Realty
(714) 633-3600
Listed By:
Albert Ricci · License #01011606
(714) 231-6058
Source:
Jackmarealestate
Added: Oct 13
Changed: Oct 28
Last Checked: Oct 28 at 11:14AM
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 Ricci Realty
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Investment Insights
Based on property information with market context.
Medical Suite 1042 offers 1,990 square feet in a freestanding, single-story medical office at 1044 E Chapman Avenue in Orange. Its clinical layout includes exam rooms with hand-washing sinks, cabinetry, countertop work areas, wall-mounted paper towel dispensers, and wood-look plank flooring. The suite also has a private bathroom, kitchenette, office, and a waiting area separated from the main lobby by a reception window.
The property features a resurfaced parking lot, monument signage, and mid-century design. St. Joseph, CHOC, UCI Medical Center, and Old Towne Orange are minutes away.
The property features a resurfaced parking lot, monument signage, and mid-century design. St. Joseph, CHOC, UCI Medical Center, and Old Towne Orange are minutes away.
Key Highlights
- 1,990‑square‑foot medical suite
- Exam rooms include sinks, cabinetry, countertop work areas, and wood‑look plank flooring
- Separate waiting area with a reception window
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,747
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,334,940
$2.3M
Cap Rate 7%
$1,667,814
$1.7M
Cap Rate 9%
$1,297,189
$1.3M
Market Conditions
NOI Build-Up for 7,968 SF
Gross rent
$210.4K $26.40/SF
− Vacancy
−$15.8K −$1.98/SF
EGI
$194.6K $24.42/SF
− OpEx
−$77.8K −$9.77/SF
NOI
$116.7K $14.65/SF
Area
Orange, CA
Vacancy
7.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,334,940
Cap Rate 7%
$1,667,814
Cap Rate 9%
$1,297,189
Alternative Uses
Best Use
Office B
$2.10M
$1.84M – $2.45M
NOI $147,239 @ 7.0% cap · market cap 2,959.58%
Second Best
Healthcare Medical
$1.67M
$1.46M – $1.95M
NOI $116,747 @ 7.0% cap · market cap 2,346.67%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,643 @ 7.0% cap · market cap 4,053.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,819
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 92866, CA
15,935
Population
5,991
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
1.9 sq mi
ZIP Area
8,387
Density / Sq Mi
$83,776
Median Household Income
$45,872
Median Earnings
$1,955
Median Rent
$892,200
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Chapman Avenue suite includes exam rooms, a private bathroom, kitchenette, and dedicated office space.
Where is this medical office space located?
The property is located at 1044 E Chapman #1042 Orange, CA.
What are key features of this property?
This property features: 1,990‑square‑foot medical suite; Exam rooms include sinks, cabinetry, countertop work areas, and wood‑look plank flooring; Separate waiting area with a reception window
