Westminster Warehouse For
14901 Chestnut St Westminster, CA 92683
For Sale
$4,600,000
12,096 sqft warehouse available in Westminster, CA.
Property Size12,096 SF
Price / SF$380.29
Days on Market111
Property Features for 14901 Chestnut St
General Information
- Standard status
- Active
- Size
- 12,096 SF
- Property subtype
- Warehouse
Building Details
- Year Built
- 1970
Listing Agency:
(909) 456-7019
Listed By:
Drew Wetherholt · License #License(s): CA: 01065168
(909) 456-7019
Source:
Marcusmillichap
Added: Apr 4
Changed: Jul 10
Last Checked: Jul 23 at 2:38AM
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 Drew Wetherholt
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 12,096 square foot warehouse located in Westminster, California.
Key Highlights
- Built in 1970
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 | $229.3k | $18.96 |
| − Vacancy | −$11.0k | −$0.91 |
| EGI | $218.3k | $18.05 |
| − OpEx | −$32.7k | −$2.71 |
| NOI | $185.6k | $15.34 |
12,096 SF · lease $18.96/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.65M
$2.32M – $3.09M
NOI $185,582 @ 7.0% cap · market cap 4.03%
Second Best
Industrial
$2.02M
$1.77M – $2.36M
NOI $141,355 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$4.06M
$3.55M – $4.74M
NOI $284,396 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Orange County Commercial ...
Marketing & Advertising
Odin
Big Box & Wholesale Store
Similar Off Market Nearby
- Bolsa Avenue Mini Storage — 7420 Bolsa Ave, Westminster, CA 92683
- Coleman Storage Facility — 7220 Fenwick Ln, Westminster, CA 92683
- Westminste storage facility — 15412 Goldenwest St, Westminster, CA 92683
- Neighbor Fleet Parking — 1025 Westminster Mall, Westminster, CA 92683
- Extra Space Storage — 7531 McFadden Ave, Huntington Beach, CA 92647
FAQs
What type of property is this?
Warehouse - 12,096 sqft warehouse available in Westminster, CA.
Where is this warehouse located?
The property is located at 14901 Chestnut St Westminster, CA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Built in 1970
