Freestanding Office
New
For Sale
$833,000
200 N Brookhurst, Anaheim, CA 92801
Converted from a residence for professional and service-oriented commercial uses.
Property Size1,480 SF
Lot Size0.14 Acres
Price / SF$562.84
Days on Market3
Property Features for 200 N Brookhurst
General Information
Standard status
Active
Size
1,480 SF
Total Parking Spaces
8
Lot size
0.14 Acres
Property subtype
Commercial
Site & Location
Road Access
Yes
Public Transit
Yes
Building Details
Building Size
1,480 SF
Year Built
1954
Buildings
1
Units
1
Parking Ratio
5 per 1,000 SF
Listing Agency:
Listed By:
James Wardlaw
Source:
Elliman
Added: Aug 20
Changed: Aug 22
Last Checked: Aug 22 at 8:13AM
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 James Wardlaw
Investment Insights
Based on property information with market context.
This freestanding office building contains 1,480 SF within a structure built in 1954 and later adapted from its original residential configuration to commercial use. The interior offers a flexible arrangement suited to professional office, medical, legal, insurance, salon, and comparable service operations.
The property occupies a 0.14-acre lot, approximately 6,098 SF, with eight on-site parking spaces. It is positioned on Brookhurst Street in west Anaheim, just north of Lincoln Avenue, providing access from a well-established commercial corridor. WalkScore is 55, BikeScore is 49, and TransitScore is 37.
The property occupies a 0.14-acre lot, approximately 6,098 SF, with eight on-site parking spaces. It is positioned on Brookhurst Street in west Anaheim, just north of Lincoln Avenue, providing access from a well-established commercial corridor. WalkScore is 55, BikeScore is 49, and TransitScore is 37.
Key Highlights
- 1,480 SF freestanding commercial building
- 0.14‑acre lot, approximately 6,098 SF
- Eight on‑site parking spaces, approximately 5 per 1,000 SF
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
$26,960
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
3.24%
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%
$539,200
$539.2K
Cap Rate 7%
$385,143
$385.1K
Cap Rate 9%
$299,556
$299.6K
Market Conditions
NOI Build-Up for 1,480 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
$48.8K $33.00/SF
− Vacancy
−$3.9K −$2.64/SF
EGI
$44.9K $30.36/SF
− OpEx
−$18.0K −$12.14/SF
NOI
$27.0K $18.22/SF
Area
ZIP 92801
Vacancy
8.00%
Lease Rate
$33.00 /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%
$539,200
Cap Rate 7%
$385,143
Cap Rate 9%
$299,556
Alternative Uses
Best Use
Healthcare Medical
$385.1K
$337.0K – $449.3K
NOI $26,960 @ 7.0% cap · market cap 3.24%
Second Best
Office B
$348.8K
$305.2K – $406.9K
NOI $24,416 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$471.5K
$412.5K – $550.0K
NOI $33,002 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,544
Businesses Nearby
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Converted from a residence for professional and service-oriented commercial uses.
Where is this office building located?
The property is located at 200 N Brookhurst Anaheim, CA.
What is the asking price?
The asking price for this property is $833,000.
What are key features of this property?
This property features: 1,480 SF freestanding commercial building; 0.14‑acre lot, approximately 6,098 SF; Eight on‑site parking spaces, approximately 5 per 1,000 SF
