Industrial Building with Gated
For Sale
$4,099,000
11531 Anabel, Garden Grove, CA 92843
9,800 SF industrial building with front and rear gated yard.
Property Size9,800 SF
Lot Size0.31 Acres
Price / SF$418.27
Days on Market208
Property Features for 11531 Anabel
General Information
Standard status
Active
Size
9,800 SF
Lot size
0.31 Acres
Property subtype
Warehouse
Building Details
Building Size
9,800 SF
Listing Agency:
Advance Estate Realty
Listed By:
Tiffany Nguyen · License #01429636
(714) 936-6969
Source:
Altamirarealty
Added: Mar 27
Changed: Oct 20
Last Checked: Oct 19 at 5:19PM
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 Advance Estate Realty
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Investment Insights
Based on property information with market context.
The property is an approximately 9,800 square foot industrial building situated on approximately 0.31 acres (13,453 sf). It features a front and rear gated yard. The zoning is M-1 (verify). Fire sprinklers are installed, with a 5-year certification completed in June 2025. The warehouse clearance ranges from approximately 18 to 21 feet. The electrical capacity is approximately 400 amps, 277/480 volts (verify). There are four 12'x12' grade-level doors and an entry roll-up door. The warehouse is equipped with eight skylights. The building includes two restrooms and 100% HVAC offices. A bonus stressed mezzanine storage area is present. The warehouse has fluorescent lighting throughout. Security cameras can be included in the sale. The property is currently owner-occupied but can be vacant at the close of escrow.
Key Highlights
- +/- 9,800 SF Industrial Building with Front & Rear Gated Yard
- M‑1 Zoning
- +/- 18’-21’ Warehouse Clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,990
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,019,800
$3.0M
Cap Rate 7%
$2,157,000
$2.2M
Cap Rate 9%
$1,677,667
$1.7M
Market Conditions
NOI Build-Up for 9,800 SF
Gross rent
$187.0K $19.08/SF
− Vacancy
−$9.3K −$0.95/SF
EGI
$177.6K $18.13/SF
− OpEx
−$26.6K −$2.72/SF
NOI
$151.0K $15.41/SF
Area
Garden Grove, CA
Vacancy
5.00%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,019,800
Cap Rate 7%
$2,157,000
Cap Rate 9%
$1,677,667
Alternative Uses
Best Use
Warehouse
$2.16M
$1.89M – $2.52M
NOI $150,990 @ 7.0% cap · market cap 3.68%
Second Best
Industrial
$1.78M
$1.55M – $2.07M
NOI $124,344 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$3.07M
$2.68M – $3.58M
NOI $214,691 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92843, CA
45,480
Population
12,051
Households
3.8
Avg Household Size
38
Median Age
18%
College-Educated
69%
High-School Grad
4.0 sq mi
ZIP Area
11,370
Density / Sq Mi
$82,009
Median Household Income
$34,941
Median Earnings
$1,878
Median Rent
$665,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
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- One Stop Storage – Santa Ana — 1401 N Harbor Blvd, Santa Ana, CA 92703
- Santa Storage — 11284 Westminster Ave, Garden Grove, CA 92843
- Self Storage — 11284 westminster ave, garden grove, ca 92843
- SmartStop Self Storage — 4200 Westminster Ave, Santa Ana, CA 92703
Frequently Asked Questions
What type of property is this?
Warehouse - 9,800 SF industrial building with front and rear gated yard.
Where is this warehouse located?
The property is located at 11531 Anabel Garden Grove, CA.
What is the asking price?
The asking price for this property is $4,099,000.
What are key features of this property?
This property features: +/- 9,800 SF Industrial Building with Front & Rear Gated Yard; M‑1 Zoning; +/- 18’-21’ Warehouse Clearance
