Multi-Building Office-Flex
For Sale
Contact for pricing
1717 W Orangewood Avenue, Orange, CA 92868
Multi-tenant campus in Orange includes office and light industrial buildings with flexible office and office/flex configurations.
Property Size40,320 SF
Lot Size3.52 Acres
Price / SF$359.62
Days on Market96
Property Features for 1717 W Orangewood Avenue
General Information
Standard status
Active
Size
40,320 SF
Lot size
3.52 Acres
Property subtype
Office, Industrial, Mixed Use
Additional Details
Highway Access
Yes
Building Details
Year Built
1976
Stories
2
Listing Agency:
American Real Estate
Listed By:
Crystal Lee · License #01211665
(858) 717-3005
Source:
Crexi
Added: Jul 7
Changed: Oct 7
Last Checked: Oct 9 at 5:25PM
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 American Real Estate
Investment Insights
Based on property information with market context.
Orangewood Plaza is a mixed-use, multi-tenant campus featuring three buildings totaling 40,320 square feet of gross leasable area. The property includes both one-story and two-story structures, with flexible office and office/flex configurations suitable for a range of light industrial and administrative needs. Land use is listed as Industrial (NEC), and the campus features well-maintained common areas and landscaping.
The offering includes 1717 W Orangewood Ave, 1745 W Orangewood Ave, and 571 N Poplar St, all located in the City of Orange. The remarks note immediate access to the 57 freeway and proximity to the intersection of I-5 and 22, along with ample parking and nearby restaurants, retail, and business services.
The property is presented for sale with the opportunity to purchase and continue benefiting from existing rental income, and it is also described as a redevelopment lot for accommodating or developing a variety of uses including residential-condo, medical, administrative, showroom, or light industrial users.
The offering includes 1717 W Orangewood Ave, 1745 W Orangewood Ave, and 571 N Poplar St, all located in the City of Orange. The remarks note immediate access to the 57 freeway and proximity to the intersection of I-5 and 22, along with ample parking and nearby restaurants, retail, and business services.
The property is presented for sale with the opportunity to purchase and continue benefiting from existing rental income, and it is also described as a redevelopment lot for accommodating or developing a variety of uses including residential-condo, medical, administrative, showroom, or light industrial users.
Key Highlights
- Orangewood Plaza multi‑tenant campus in Orange, CA with commercial office and light industrial buildings (Year built: 1976).
- 3‑building portfolio: 1745 W Orangewood Ave (2 stories), 1717 W Orangewood Ave (1 story), and 571 N Poplar St (1 story).
- 40,320 SF gross leasable area on a 153,404 SF lot in the City of Orange.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$745,065
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,901,300
$14.9M
Cap Rate 7%
$10,643,786
$10.6M
Cap Rate 9%
$8,278,500
$8.3M
Market Conditions
NOI Build-Up for 40,320 SF
Gross rent
$1.14M $28.32/SF
− Vacancy
−$148.4K −$3.68/SF
EGI
$993.4K $24.64/SF
− OpEx
−$248.4K −$6.16/SF
NOI
$745.1K $18.48/SF
Area
Orange, CA
Vacancy
13.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,901,300
Cap Rate 7%
$10,643,786
Cap Rate 9%
$8,278,500
Alternative Uses
Best Use
Office B
$10.64M
$9.31M – $12.42M
NOI $745,065 @ 7.0% cap · market cap 5.14%
Second Best
Flex RnD
$7.60M
$6.65M – $8.87M
NOI $532,127 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$14.58M
$12.75M – $17.01M
NOI $1,020,360 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,519
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92868, CA
27,127
Population
9,105
Households
3
Avg Household Size
34
Median Age
36%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
7,979
Density / Sq Mi
$89,050
Median Household Income
$45,978
Median Earnings
$2,356
Median Rent
$714,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant campus in Orange includes office and light industrial buildings with flexible office and office/flex configurations.
Where is this flex space located?
The property is located at 1717 W Orangewood Avenue Orange, CA.
What is the asking price?
The asking price for this property is $14,500,000.
What are key features of this property?
This property features: Orangewood Plaza multi‑tenant campus in Orange, CA with commercial office and light industrial buildings (Year built: 1976).; 3‑building portfolio: 1745 W Orangewood Ave (2 stories), 1717 W Orangewood Ave (1 story), and 571 N Poplar St (1 story).; 40,320 SF gross leasable area on a 153,404 SF lot in the City of Orange.
