Vacant Office
For Sale
Contact for pricing
1314 S Euclid St, Anaheim, CA 92802
Existing improvements are vacant following roof damage, with repair or redevelopment identified as potential paths.
Property Size14,364 SF
Price / SF$277.78
Days on Market182
Property Features for 1314 S Euclid St
General Information
Standard status
Active
Size
14,364 SF
Property subtype
OFFICE
Listing Agency:
KGC Real Estate
Listed By:
Ken Coward
(323) 868-1303
Source:
Moodyscre
Added: Mar 19
Changed: Sep 5
Last Checked: Sep 15 at 9:53AM
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 KGC Real Estate
Investment Insights
Based on property information with market context.
This 14,364-square-foot office building is vacant due to roof damage. The existing improvements present two stated approaches: repair and rehabilitate the building or remove it and redevelop the site.
The property is located at 1314 S Euclid St in Anaheim, California 92802. The site is offered with an existing office building and redevelopment potential tied to the property's current vacant condition.
The property is located at 1314 S Euclid St in Anaheim, California 92802. The site is offered with an existing office building and redevelopment potential tied to the property's current vacant condition.
Key Highlights
- 14,364‑square‑foot office building
- Vacant due to roof damage
- Existing building offers a repair and rehabilitation path
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
$245,836
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
6.16%
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%
$4,916,720
$4.9M
Cap Rate 7%
$3,511,943
$3.5M
Cap Rate 9%
$2,731,511
$2.7M
Market Conditions
NOI Build-Up for 14,364 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
$456.8K $31.80/SF
− Vacancy
−$47.0K −$3.28/SF
EGI
$409.7K $28.52/SF
− OpEx
−$163.9K −$11.41/SF
NOI
$245.8K $17.11/SF
Area
ZIP 92802
Vacancy
10.30%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
40.00%
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%
$4,916,720
Cap Rate 7%
$3,511,943
Cap Rate 9%
$2,731,511
Alternative Uses
Best Use
Healthcare Medical
$3.51M
$3.07M – $4.10M
NOI $245,836 @ 7.0% cap · market cap 6.16%
Second Best
Office B
$2.94M
$2.57M – $3.43M
NOI $205,678 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$4.35M
$3.81M – $5.08M
NOI $304,574 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
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Business Placement
Demographics for 92802, CA
41,914
Population
12,724
Households
3.3
Avg Household Size
35
Median Age
20%
College-Educated
69%
High-School Grad
4.6 sq mi
ZIP Area
9,112
Density / Sq Mi
$83,621
Median Household Income
$36,788
Median Earnings
$1,985
Median Rent
$721,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Existing improvements are vacant following roof damage, with repair or redevelopment identified as potential paths.
Where is this office building located?
The property is located at 1314 S Euclid St Anaheim, CA.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: 14,364‑square‑foot office building; Vacant due to roof damage; Existing building offers a repair and rehabilitation path
