Side-by-Side Industrial Flex
15672 Chemical Ln & 5281 Research Dr Huntington Beach, CA 92649
For Sale
Contact for pricing
Two flex/industrial buildings with ground-level doors, clear heights, and HVAC office spaces on a corner lot.
Property Size22,806 SF
Lot Size1.10 Acres
Price / SF$394.98
Days on Market52
Property Features for 15672 Chemical Ln & 5281 Research Dr
General Information
- Standard status
- Active
- Size
- 22,806 SF
- Lot size
- 1.10 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Daum Commercial
(949) 355-8500
Listed By:
Mike Barreiro · License #01712620
(949) 355-8500
Source:
Moodyscre
Added: Jun 4
Changed: Jul 10
Last Checked: Jul 21 at 5:44AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This offering includes two separate, side-by-side buildings totaling 22,803 SF on a 1.1-acre corner lot. The property features 3,000 SF of HVAC office spaces and five ground-level doors, supporting a range of light industrial and warehousing needs. Clear heights are approximately 15 to 16 feet, providing practical vertical utility for storage and operations. Electrical service is substantial, with 15,672 listed at 800 amps (277/480 volts) and 5,281 listed at 400 amps (277/480 volts).
The buildings are positioned together along Chemical Ln and Research Dr, presenting convenient access points for receiving, loading, and day-to-day operations. Because the properties are offered together, buyers can evaluate the combined site layout for integrated staffing and workflow across both structures.
For tenants or owner-users, the combination of ground-level loading, usable clear height, and dedicated HVAC office space can support businesses that need both storage and administrative space. The two-building configuration may also appeal to operators looking for flexible space planning while keeping operations on a single corner site.
The buildings are positioned together along Chemical Ln and Research Dr, presenting convenient access points for receiving, loading, and day-to-day operations. Because the properties are offered together, buyers can evaluate the combined site layout for integrated staffing and workflow across both structures.
For tenants or owner-users, the combination of ground-level loading, usable clear height, and dedicated HVAC office space can support businesses that need both storage and administrative space. The two-building configuration may also appeal to operators looking for flexible space planning while keeping operations on a single corner site.
Key Highlights
- Two side‑by‑side flex/industrial buildings offered together with 22,803 SF total on a 1.1‑acre corner lot
- 3,000 SF HVAC office spaces across the buildings
- 5 ground‑level doors for drive‑in access
Financial Insights For Flex RnD
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 | $602.1k | $26.40 |
| − Vacancy | −$30.1k | −$1.32 |
| EGI | $572.0k | $25.08 |
| − OpEx | −$200.2k | −$8.78 |
| NOI | $371.8k | $16.30 |
22,806 SF · lease $26.40/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$5.31M
$4.65M – $6.20M
NOI $371,783 @ 7.0% cap · market cap 4.13%
Second Best
Warehouse
$5.11M
$4.48M – $5.97M
NOI $358,041 @ 7.0% cap · market cap 3.97%
Theoretical Best
Specialty Retail
$7.88M
$6.90M – $9.20M
NOI $551,723 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Hautè Productions Events and Catering — 23552 Commerce Center Dr s, Laguna Hills, CA 92653
- Just Chill'n Ice Cream Truck LLC — 23522 Commerce Center Dr, Laguna Hills, CA 92653
- OC Bar Service — 22981 Triton Way Suite D, Laguna Hills, CA 92653
- Luscious Jimmy's Catering, Inc. — 22731 Aspan St, Lake Forest, CA 92630
- Alonti Catering Kitchen — 23024 Lake Forest Dr suite h, Laguna Hills, CA 92653
FAQs
What type of property is this?
Flex space - Two flex/industrial buildings with ground-level doors, clear heights, and HVAC office spaces on a corner lot.
Where is this flex space located?
The property is located at 15672 Chemical Ln & 5281 Research Dr Huntington Beach, CA.
What is the asking price?
The asking price for this property is $9,008,000.
What are key features of this property?
This property features: Two side‑by‑side flex/industrial buildings offered together with 22,803 SF total on a 1.1‑acre corner lot; 3,000 SF HVAC office spaces across the buildings; 5 ground‑level doors for drive‑in access
