Industrial Flex
For Sale
$695,000
1200 North Jefferson Street STE R, Anaheim, CA 92807
Industrial-flex building built in 1985 with zoning for industrial use and transportation-oriented access.
Property Size1,704 SF
Price / SF$407.86
Days on Market50
Property Features for 1200 North Jefferson Street STE R
General Information
Standard status
Active
Size
1,704 SF
Property subtype
Industrial
Additional Details
Highway Access
Yes
Building Details
Building Size
1,704 SF
Year Built
1985
Listing Agency:
Sperry Commercial - Legendary ICA
Listed By:
Cedric Ferrell · License #01913707
(949) 446-7147
Source:
Thebrokerlist
Added: Jul 25
Changed: Aug 15
Last Checked: Sep 12 at 3:38AM
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 Sperry Commercial - Legendary ICA
Investment Insights
Based on property information with market context.
Industrial-flex building offering 1,704 SF in a structure built in 1985. The space is described as versatile and customizable, with ample room for expansion, and is positioned for industrial use based on its industrial zoning designation.
Located in the Orange County area in Anaheim, the property is presented as having easy access for transportation and logistics. It is also described as being close to major transportation routes, including the 91 and 55 freeways.
The offering is marketed as a maintained industrial/flex asset suitable for a range of industrial applications under its industrial zoning.
Located in the Orange County area in Anaheim, the property is presented as having easy access for transportation and logistics. It is also described as being close to major transportation routes, including the 91 and 55 freeways.
The offering is marketed as a maintained industrial/flex asset suitable for a range of industrial applications under its industrial zoning.
Key Highlights
- 1,704 SF industrial/flex space building built in 1985
- Zoned for industrial use
- Versatile, customizable space for a range of industrial and flex uses
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
$25,253
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
3.63%
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%
$505,060
$505.1K
Cap Rate 7%
$360,757
$360.8K
Cap Rate 9%
$280,589
$280.6K
Market Conditions
NOI Build-Up for 1,704 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
$40.9K $24.00/SF
− Vacancy
−$2.0K −$1.20/SF
EGI
$38.9K $22.80/SF
− OpEx
−$13.6K −$7.98/SF
NOI
$25.3K $14.82/SF
Area
Anaheim, CA
Vacancy
5.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
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%
$505,060
Cap Rate 7%
$360,757
Cap Rate 9%
$280,589
Alternative Uses
Best Use
Flex RnD
$360.8K
$315.7K – $420.9K
NOI $25,253 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$314.7K
$275.4K – $367.2K
NOI $22,031 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$619.0K
$541.6K – $722.2K
NOI $43,329 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,444
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92807, CA
37,627
Population
12,985
Households
2.9
Avg Household Size
44
Median Age
47%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,421
Density / Sq Mi
$136,089
Median Household Income
$62,020
Median Earnings
$2,959
Median Rent
$918,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Cham-ya Catering — 3550 Enterprise Dr, Anaheim, CA 92807
- The Taco Catering Company — 3444 E Orangethorpe Ave, Anaheim, CA 92806
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-flex building built in 1985 with zoning for industrial use and transportation-oriented access.
Where is this flex space located?
The property is located at 1200 North Jefferson Street STE R Anaheim, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1,704 SF industrial/flex space building built in 1985; Zoned for industrial use; Versatile, customizable space for a range of industrial and flex uses
