Freestanding Santa Ana
1909 S Susan St Santa Ana, CA
For Sale
Contact for pricing
62,957 SF warehouse with large yard and renovated offices.
Property Size62,957 SF
Lot Size2.80 Acres
Price / SF$277.97
Days on Market325
Property Features for 1909 S Susan St
General Information
- Standard status
- Active
- Size
- 62,957 SF
- Lot size
- 2.80 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Newmark
(949) 608-2020
Listed By:
Troy Wooton
(949) 608-2020
Source:
Moodyscre
Added: Sep 4, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:37AM
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 Newmark
Investment Insights
Based on property information with market context.
This freestanding building offers 62,957 square feet of space. It features 1,600 Amps of 480/277V, 3 Phase power. The property includes a large gated concrete yard. Loading is facilitated by six grade-level doors and one dock-high door, along with covered loading areas featuring two truck wells. Office renovations are planned for 2024. The building is fully HVAC and fire sprinklered.
Key Highlights
- Huge gated concrete yard offers security and ample space.
- 1,600 Amps, 480/277V, 3 phase power - ready for heavy‑duty operations.
- Six GL doors and one DH door for flexible access.
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 | $1.07M | $16.92 |
| − Vacancy | −$30.9k | −$0.49 |
| EGI | $1.03M | $16.43 |
| − OpEx | −$155.2k | −$2.46 |
| NOI | $879.2k | $13.96 |
62,957 SF · lease $16.92/SF/yr · vacancy 2.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$12.56M
$10.99M – $14.65M
NOI $879,190 @ 7.0% cap · market cap 5.02%
Second Best
Industrial
$10.34M
$9.05M – $12.07M
NOI $724,038 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$21.27M
$18.61M – $24.82M
NOI $1,489,150 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
UTILY Payroll
Accounting Firm
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FAQs
What type of property is this?
Warehouse - 62,957 SF warehouse with large yard and renovated offices.
Where is this warehouse located?
The property is located at 1909 S Susan St Santa Ana, CA.
What is the asking price?
The asking price for this property is $17,500,000.
What are key features of this property?
This property features: Huge gated concrete yard offers security and ample space.; 1,600 Amps, 480/277V, 3 phase power - ready for heavy‑duty operations.; Six GL doors and one DH door for flexible access.
