Santa Ana Warehouse For
For Sale
$6,850,000
2222-2308 W 2nd Street, Santa Ana, CA 92703
24,426 SF Santa Ana warehouse property with new renovations.
Property Size24,426 SF
Price / SF$280.44
Days on Market121
Property Features for 2222-2308 W 2nd Street
General Information
Standard status
Active
Size
24,426 SF
Property subtype
Industrial
Listing Agency:
Daum Commercial
(949) 242-1065
Listed By:
Devin Ray · License #CA 02018130
(949) 242-1065
Source:
Daumcommercial
Added: Apr 3
Changed: Jul 10
Last Checked: Aug 1 at 2:13AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This commercial real estate property, located in Santa Ana, California, features a total square footage of 24,426 SF. The property has undergone new renovations and is suitable for warehouse and industrial use.
Key Highlights
- 24,426 SF Total Square Footage
- New Renovations
Financial Insights For Warehouse
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 | $471.9k | $19.32 |
| − Vacancy | −$20.8k | −$0.85 |
| EGI | $451.1k | $18.47 |
| − OpEx | −$67.7k | −$2.77 |
| NOI | $383.5k | $15.70 |
24,426 SF · lease $19.32/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.48M
$4.79M – $6.39M
NOI $383,474 @ 7.0% cap · market cap 5.60%
Second Best
Industrial
$4.51M
$3.95M – $5.26M
NOI $315,802 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$7.07M
$6.19M – $8.25M
NOI $494,876 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92703, CA
65,621
Population
14,644
Households
4.5
Avg Household Size
34
Median Age
13%
College-Educated
60%
High-School Grad
4.2 sq mi
ZIP Area
15,624
Density / Sq Mi
$80,817
Median Household Income
$33,363
Median Earnings
$1,922
Median Rent
$585,900
Median Home Value
Market
Properties on Market for Warehouses in Orange County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- CubeSmart Self Storage — 2828 W 5th St, Santa Ana, CA 92703
- Better Self Storage — 2340 W 1st St, Santa Ana, CA 92703
- Santa Ana Mini Storage California — 401 N Fairview St, Santa Ana, CA 92703
- Extra Space Storage — 280 N Sullivan St, Santa Ana, CA 92703
- ​Preferred Self Storage Unit — 1435 W 1st St, Santa Ana, CA 92703
Frequently Asked Questions
What type of property is this?
Warehouse - 24,426 SF Santa Ana warehouse property with new renovations.
Where is this warehouse located?
The property is located at 2222-2308 W 2nd Street Santa Ana, CA.
What is the asking price?
The asking price for this property is $6,850,000.
What are key features of this property?
This property features: 24,426 SF Total Square Footage; New Renovations
