Freestanding Flex
For Sale
Contact for pricing
1281 N Patt Street, Anaheim, CA 92801
Office and industrial functionality with substantial vertical clearance, dedicated power, and ground-level loading access.
Property Size6,018 SF
Price / SF$445
Days on Market92
Property Features for 1281 N Patt Street
General Information
Standard status
Active
Size
6,018 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
24 ft
Office Build-Out
1,802 SF
Mezzanine
2,000 SF
Drive-In Doors
1
Power
400 amps
Voltage
480 V
Three-Phase Power
Yes
Additional Details
Utilities to Site
Yes
Building Details
Year Built
2007
Buildings
1
Stories
2
Listing Agency:
Voit Real Estate Services Voit Irvine
Listed By:
Erik Sikes · License #CA 02103320
(949) 309-6410
Source:
Crexi
Added: Aug 1
Changed: Oct 26
Last Checked: Oct 30 at 2:11PM
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 Voit Real Estate Services Voit Irvine
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Investment Insights
Based on property information with market context.
This freestanding flex property contains 6,018 square feet with a combination of office, mezzanine, and industrial space. The office component totals 1,802 SF, including 901 SF on the second story, while a 2,000 SF steel mezzanine adds useful elevated area. The building also offers 22'-24' clear height for operational flexibility.
Power service includes 400 amps at 277/480 volts with three-phase distribution. A 12' x 14' ground-level door supports material movement and service access. The property is located at 1281 N Patt St in Anaheim, California.
Power service includes 400 amps at 277/480 volts with three-phase distribution. A 12' x 14' ground-level door supports material movement and service access. The property is located at 1281 N Patt St in Anaheim, California.
Key Highlights
- 6,018‑square‑foot freestanding flex building
- 1,802 SF of office space, including 901 SF on the second story
- 2,000 SF steel mezzanine structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,279
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,985,580
$2.0M
Cap Rate 7%
$1,418,271
$1.4M
Cap Rate 9%
$1,103,100
$1.1M
Market Conditions
NOI Build-Up for 6,018 SF
Gross rent
$169.7K $28.20/SF
− Vacancy
−$37.3K −$6.20/SF
EGI
$132.4K $22.00/SF
− OpEx
−$33.1K −$5.50/SF
NOI
$99.3K $16.50/SF
Area
ZIP 92801
Vacancy
22.00%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,985,580
Cap Rate 7%
$1,418,271
Cap Rate 9%
$1,103,100
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.65M
NOI $99,279 @ 7.0% cap · market cap 3.71%
Second Best
Warehouse
$1.35M
$1.18M – $1.57M
NOI $94,479 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,192 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
24 ft
Clear height
1
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,467
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92801, CA
63,163
Population
19,519
Households
3.2
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
6.3 sq mi
ZIP Area
10,026
Density / Sq Mi
$78,477
Median Household Income
$37,516
Median Earnings
$1,977
Median Rent
$632,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Nutri Vida — 734 N Anaheim Blvd, Anaheim, CA 92805
- Jaureguis Catering — 1116 N Anaheim Blvd, Anaheim, CA 92801
- A K Catering — 1116 N Anaheim Blvd, Anaheim, CA 92801
Frequently Asked Questions
What type of property is this?
Flex space - Office and industrial functionality with substantial vertical clearance, dedicated power, and ground-level loading access.
Where is this flex space located?
The property is located at 1281 N Patt Street Anaheim, CA.
What is the asking price?
The asking price for this property is $2,678,010.
What are key features of this property?
This property features: 6,018‑square‑foot freestanding flex building; 1,802 SF of office space, including 901 SF on the second story; 2,000 SF steel mezzanine structure
