Industrial Warehouse with Drive-Around Dual
For Sale
Contact for pricing
1717 W Collins Ave, Orange, CA 92867
5.42-acre M1-zoned industrial site with a 101,000 SF free-standing building and drive-around dual entry access.
Property Size101,000 SF
Lot Size5.42 Acres
Price / SF$257.13
Days on Market147
Property Features for 1717 W Collins Ave
General Information
Standard status
Active
Size
101,000 SF
Lot size
5.42 Acres
Property subtype
Industrial, Land
Zoning
M1
Lease Type
Gross
Additional Details
Road Access
Yes
Land Use
industrial
Building Details
Year Built
1985
Buildings
1
Stories
2
Building Size
101,000 SF
Listing Agency:
DAUM Commercial Real Estate Services
Listed By:
Chris Migliori · License #00972843
(305) 500-9459
Source:
Crexi
Added: Apr 22
Changed: Sep 10
Last Checked: Sep 15 at 5:37AM
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 Real Estate Services
Investment Insights
Based on property information with market context.
A 5.42-acre M1-zoned industrial property includes a 101,000 SF free-standing industrial building. The site is set up for drive-around access with dual entry points, supporting efficient truck circulation and practical day-to-day operations.
M1 zoning (City of Orange) allows for a variety of industrial outside storage options, which can support uses that benefit from outdoor staging or equipment storage. The property’s configuration is designed to accommodate those storage needs while keeping vehicle access straightforward.
The building is scheduled to be available 6/1/2026, providing a defined timeline for planning occupancy and site improvements.
M1 zoning (City of Orange) allows for a variety of industrial outside storage options, which can support uses that benefit from outdoor staging or equipment storage. The property’s configuration is designed to accommodate those storage needs while keeping vehicle access straightforward.
The building is scheduled to be available 6/1/2026, providing a defined timeline for planning occupancy and site improvements.
Key Highlights
- 5.42 acres of M1‑zoned industrial land
- Includes 101,000 SF free‑standing industrial building
- Drive‑around access with dual entry points
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
$1,585,478
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
6.11%
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%
$31,709,560
$31.7M
Cap Rate 7%
$22,649,686
$22.6M
Cap Rate 9%
$17,616,422
$17.6M
Market Conditions
NOI Build-Up for 101,000 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
$1.96M $19.44/SF
− Vacancy
−$98.2K −$0.97/SF
EGI
$1.87M $18.47/SF
− OpEx
−$279.8K −$2.77/SF
NOI
$1.59M $15.70/SF
Area
Orange, CA
Vacancy
5.00%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
15.00%
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%
$31,709,560
Cap Rate 7%
$22,649,686
Cap Rate 9%
$17,616,422
Alternative Uses
Best Use
Warehouse
$22.65M
$19.82M – $26.42M
NOI $1,585,478 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$36.51M
$31.95M – $42.60M
NOI $2,555,963 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,893
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92867, CA
44,927
Population
13,693
Households
3.3
Avg Household Size
36
Median Age
40%
College-Educated
88%
High-School Grad
12.0 sq mi
ZIP Area
3,744
Density / Sq Mi
$125,799
Median Household Income
$50,744
Median Earnings
$2,209
Median Rent
$951,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Public Storage — 601 N Main St, Orange, CA 92868
- Anthony's Moving & Storage — 1136 W Collins Ave, Orange, CA 92867
- Portable Storage Rental Pros Orange — 804 W Collins Ave #51, Orange, CA 92867
- My Self Storage Space Company — 1002 w collins ave, orange, ca 92867
- Public Storage — 623 W Collins Ave, Orange, CA 92867
Frequently Asked Questions
What type of property is this?
Warehouse - 5.42-acre M1-zoned industrial site with a 101,000 SF free-standing building and drive-around dual entry access.
Where is this warehouse located?
The property is located at 1717 W Collins Ave Orange, CA.
What is the asking price?
The asking price for this property is $25,970,000.
What are key features of this property?
This property features: 5.42 acres of M1‑zoned industrial land; Includes 101,000 SF free‑standing industrial building; Drive‑around access with dual entry points
