Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2803 South Yale St Santa Ana, CA 92704

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.49 SF/Yr ($10,779 /Mo)

    86,814 SF warehouse with truck storage and freeway access.

    Property size:
    86,814 SF
    Lot size:
    86,814 SF

    Property Features for 2803 South Yale St

    General Information

    Standard status
    Active
    Size
    86,814 SF

    We can help!

    Listing Contact
    Nick Spatafore
    Source: Cbre

    Listing Agent: Nick Spatafore

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Santa Ana Distribution Warehouse Space

    This property features approximately 8,222 square feet of single-story office space within an 86,814 square foot building. The warehouse area has a minimum clearance of 22 feet and is equipped with an ESFR sprinkler system using K17 heads and energy-efficient T-5 lighting. The property includes fourteen dock-high doors, thirteen of which have hydraulic load levelers, and one ground-level ramp. It has an 800 amp, 277/480 volt power supply. The site provides a large, fenced yard striped for 24 trailers, along with a concrete pad loading area. Parking is provided at a ratio of 1.2:1,000 square feet, totaling 103 stalls, with the potential to expand to 2:1. The property offers access to the San Diego (405), Costa Mesa (55) Freeways, and the Corona del Mar/San Joaquin Hills (73) Transportation Corridor.
    Location Intelligence

    Current Use by Public Records

    Bentgo Association Or Organization EasyLunchboxes Restaurant Berlin Packaging Packaging Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.9147036
    Latitude
    33.7111584

    Nearby Similar for Lease

    • $3,500 /Mo
      2,668 SF

      Historical-Style Office in Santa Ana

      Charming commercial office space in a prime Santa Ana location.
      1533 E 4Th St, Santa Ana, CA 92701
      View Details
    • Contact for pricing
      111,721 SF

      Class A Office Towers For Rent

      Prestigious South Metro location with freeway access and amenities.
      5 Hutton Centre Dr, Santa Ana, CA 92707
      View Details
    • $2,299 /Mo

      Refreshed Apartment in Historic Floral

      One bedroom apartment with upgrades in Santa Ana, CA.
      1801 Greenleaf St, Santa Ana, CA 92706
      View Details
    • Contact for pricing
      150,000 SF

      Flexible Office Space Available

      Modern office space with collaborative environment and prime location.
      2801 North Main St, Santa Ana, CA 92705
      View Details
    • $4,750 /Mo
      1,564 SF

      Corner-Unit Townhome in Gated Community

      Well-maintained 3-bedroom, 2.5-bathroom townhome with ample natural light.
      609 S Lyon St, Santa Ana, CA 92705
      View Details
    • $2.00 SF/Yr
      20,000 SF

      Downtown Santa Ana Retail/Office Space

      Prime retail and office spaces in a revitalized Orange County neighborhood.
      204 N Broadway, Santa Ana, CA 92701
      View Details
    • $2,300 /Mo
      650 SF

      Triplex with Three Separate Units

      Triplex featuring two units and a new studio ADU.
      809 N Figueroa St, Santa Ana, CA 92703
      View Details
    • $9 SF/Yr
      6,249 SF

      Santa Ana Office Space Available

      Flexible Offices in Prime Location
      901 Civic Center Dr, Santa Ana, CA 92703
      View Details
    • Contact for pricing
      9,513 SF

      Santa Ana Retail Space: Park & Paseo

      Prime Santa Ana retail, multiple suites available.
      1901 Dyer Rd, Santa Ana, CA 92705
      View Details
    • Contact for pricing
      128,018 SF

      Harbor Warner Business Center: Santa Ana

      Orange County warehouse space; flexible sizes.
      2760 Harbor Blvd, Santa Ana, CA 92704
      View Details
    • Contact for pricing
      86,814 SF

      Santa Ana Industrial Space For Lease

      Large Manufacturing/Warehouse, 86,814 SF Available
      2803 Yale St, Santa Ana, CA 92704
      View Details
    • Contact for pricing
      165,689 SF

      Santa Ana Retail Center For Lease

      Prime Retail Space, Multiple Units Available
      3925 Bristol St, Santa Ana, CA 92704
      View Details

    FAQs

    What type of property is this?
    Distribution property - 86,814 SF warehouse with truck storage and freeway access.
    Where is this distribution property located?
    The property is located at 2803 South Yale St Santa Ana, CA.
    What is the lease rate?
    The lease rate is $1.49 SF/Yr.
    What are key features of this property?
    This property features: - Excellent access to the San Diego (405), Costa Mesa (55) Freeways and the Corona del Mar/San Joaquin Hills (73) Transportation Corridor; - ±8,222 SF of Single-Story Office Space; - Fourteen (14) Dock High Doors (13 with Hydraulic Load Levelers)
    (949) 725-8657
    Request Owner's contact information
    2803 South Yale St Santa Ana, CA 92704
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2803 South Yale St
    Santa Ana, CA 92704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2803 South Yale St Santa Ana, CA 92704
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nick Spatafore
    Real Estate License ID: 01353378
    (949) 725-8657
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.