Anaheim Industrial Condo For
For Sale
Contact for pricing
1263-1291 N Tustin Ave, Anaheim, CA
Industrial condo with Tustin Avenue frontage and signage.
Property Size2,608 SF
Lot Size9.44 Acres
Price / SF$421.78
Days on Market281
Property Features for 1263-1291 N Tustin Ave
General Information
Standard status
Active
Size
2,608 SF
Lot size
9.44 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Ashwill Associates
(714) 453-0300
Listed By:
Brian Williams
(714) 453-0300
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Aug 26
Last Checked: Aug 31 at 1:23AM
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 Ashwill Associates
Investment Insights
Based on property information with market context.
This industrial condo offers frontage and signage on Tustin Avenue. The building provides drive-around access and quasi-retail use capability. Spectrum Internet fiber capability is available. The property is located in the Anaheim Enterprise Zone. The unit has a size of 2608 square feet.
Key Highlights
- Tustin Avenue Frontage/Signage
- Drive‑Around Building Access with Quasi‑Retail Use Capability
- Spectrum Internet Fiber Capability available.
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
$38,651
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
3.51%
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%
$773,020
$773.0K
Cap Rate 7%
$552,157
$552.2K
Cap Rate 9%
$429,456
$429.5K
Market Conditions
NOI Build-Up for 2,608 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
$62.6K $24.00/SF
− Vacancy
−$3.1K −$1.20/SF
EGI
$59.5K $22.80/SF
− OpEx
−$20.8K −$7.98/SF
NOI
$38.7K $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%
$773,020
Cap Rate 7%
$552,157
Cap Rate 9%
$429,456
Alternative Uses
Best Use
Flex RnD
$552.2K
$483.1K – $644.2K
NOI $38,651 @ 7.0% cap · market cap 3.51%
Second Best
Industrial
$481.7K
$421.5K – $562.0K
NOI $33,719 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$947.4K
$829.0K – $1.11M
NOI $66,316 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,281
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
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
- 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 condo with Tustin Avenue frontage and signage.
Where is this flex space located?
The property is located at 1263-1291 N Tustin Ave Anaheim, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Tustin Avenue Frontage/Signage; Drive‑Around Building Access with Quasi‑Retail Use Capability; Spectrum Internet Fiber Capability available.
