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Flex Office and Warehouse
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Pending

1621 Ord Way, Oceanside, CA 92056

Office and warehouse space with 22-foot clear height, upgraded sprinkler system, one grade-level loading door, and 14 parking spaces.

Property Size8,290 SF
Days on Market217

Property Features for 1621 Ord Way

General Information

Standard status Pending
Size 8,290 SF
Property subtype INDUSTRIAL
Lease Type Gross

Properties For Sale

at 1621 Ord Way
1621 Ord Way AVAILABLE, Now
Size 8,290 SF
Type INDUSTRIAL
Lease Type GROSS
Sublease No
Free Standing Building 2,294 SF of Office and 5,996 SF of Warehouse 22' Clear Height, 1 Grade-Level Door (12’ X 14’) Upgraded Sprinkler System Suitable for High-Bay Storage Power: 400 Amps Parking: 14 Dedicated Spaces
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Listing Agency: Lawrence Allen & Associates
Listed By: Larry Kliger
Source: Moodyscre
Added: Mar 20 Changed: Oct 8 Last Checked: Oct 20 at 6:39PM

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 Lawrence Allen & Associates

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Investment Insights

Based on property information with market context.

This flex property includes 2,294 SF of office space and 5,996 SF of warehouse area. The warehouse offers 22-foot clear height and features an upgraded sprinkler system suitable for high-bay storage. Loading is provided via one grade-level door measuring 12’ x 14’, and the building is supported by 400 amps of power. Parking is available with 14 dedicated spaces.

The property is located at 1621 Ord Way in Oceanside, CA 92056.

Overall, it is configured to support day-to-day office operations alongside high-bay storage in a single improved facility.

Key Highlights

  • Office space of 2,294 SF and warehouse space of 5,996 SF
  • 22‑foot clear height for high‑bay storage
  • Upgraded sprinkler system suitable for high‑bay storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$142,968
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,859,360 $2.9M
Cap Rate 7%
$2,042,400 $2.0M
Cap Rate 9%
$1,588,533 $1.6M
Market Conditions
NOI Build-Up for 8,290 SF
Gross rent
$218.9K $26.40/SF
− Vacancy
−$28.2K −$3.41/SF
EGI
$190.6K $22.99/SF
− OpEx
−$47.7K −$5.75/SF
NOI
$143.0K $17.25/SF
Area
Oceanside, CA
Vacancy
12.90%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,859,360
Cap Rate 7%
$2,042,400
Cap Rate 9%
$1,588,533

Alternative Uses

Best Use
Office B
$2.04M
$1.79M – $2.38M (±1% cap)
NOI $142,968 @ 7.0% cap · market cap 5.23%
Second Best
Warehouse
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,176 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$2.77M
$2.43M – $3.23M (±1% cap)
NOI $194,089 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

JS Manufacturing Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Grocery & Convenience Store Dental Office Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92056, CA

53,750
Population
20,514
Households
2.6
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
12.3 sq mi
ZIP Area
4,370
Density / Sq Mi
$102,570
Median Household Income
$50,029
Median Earnings
$2,536
Median Rent
$696,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse space with 22-foot clear height, upgraded sprinkler system, one grade-level loading door, and 14 parking spaces.
Where is this flex space located?
The property is located at 1621 Ord Way Oceanside, CA.
What is the asking price?
The asking price for this property is $2,735,700.
What are key features of this property?
This property features: Office space of 2,294 SF and warehouse space of 5,996 SF; 22‑foot clear height for high‑bay storage; Upgraded sprinkler system suitable for high‑bay storage
(909) 992-0987 Call to check price and availability
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