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    Anaheim Office/Medical Space For Sale Title is generated by Realmo AI

    601-607 S Harbor Blvd, Anaheim, CA

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    Office or medical space available for purchase in Anaheim, CA.

    Type:OFFICE
    Property size:
    5,397 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $325/SF
    Added:
    Jun 27, 2024
    Days on Market:
    732
    Last Refresh:
    May 20 at 8:32 pm

    Property Features for 601-607 S Harbor Blvd

    General Information

    Standard status
    Active
    Size
    5,397 SF
    Lot size
    0.51 Acres
    Property subtype
    OFFICE

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    Colin Lancaster
    Colin Lancaster

    Listing office LAREM Industrial Real Estate Specialists, Inc

    Listing date Jun 27, 2024

    Source Moodyscre

    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 LAREM Industrial Real Estate Specialists, Inc

    HighLights

    • Office/medical space available.
    • Property for sale.
    • Additional property details available.

    Overview

    This property offers office or medical space for sale, encompassing a total area of 5397 square feet. Located in Anaheim, CA, the property is suitable for either office or medical use.

    Local 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 $178.1k $33.00
    − Vacancy −$37.4k −$6.93
    EGI $140.7k $26.07
    − OpEx −$35.2k −$6.52
    NOI $105.5k $19.55
    5,397 SF · lease $33.00/SF/yr · vacancy 21.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,525 @ 7.0% cap · market cap 6.02%
    Second Best
    Healthcare Medical
    $1.22M
    $1.07M – $1.42M (±1% cap)
    NOI $85,333 @ 7.0% cap · market cap 4.86%
    Theoretical Best
    Office A
    $1.96M
    $1.72M – $2.29M (±1% cap)
    NOI $137,235 @ 7.0% cap · market cap 7.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Anaheim
    County
    Orange
    State
    California
    Longitude
    -117.918
    Latitude
    33.8273

    FAQs

    What type of property is this?
    Medical Office Space - Office or medical space available for purchase in Anaheim, CA.
    Where is this medical office space located?
    The property is located at 601-607 S Harbor Blvd Anaheim, CA.
    What is the asking price?
    The asking price for this property is $1,754,025.
    What are key features of this property?
    This property features: Office/medical space available.; Property for sale.; Additional property details available.
    (310) 704-4003 Call to check price and availability
    More about this property
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