Industrial Warehouse with Fenced
2002 W Chestnut Ave, Santa Ana, CA 92703
For Sale
New
$2,500,000
Freestanding industrial space combines an office component, grade-level loading, and secured outdoor storage.
Property Size9,600 SF
Lot Size0.45 Acres
Price / SF$260.42
Days on Market2
Property Features for 2002 W Chestnut Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Power
Voltage
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Lee & Associates
Listed By:
Skyler Serrano · License CA #01790959
(949) 892-7666
Source:
Lee-associates
Added: Nov 12
Last Checked: Nov 12 at 2:38PM
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 Lee & Associates
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Investment Insights
Based on property information with market context.
This freestanding warehouse property contains approximately 9,600 square feet, including about 1,000 square feet of office area. The warehouse has a 14-foot ceiling, two grade-level doors, and a fenced yard. Electrical service is 1,600 amps at 120/208V; buyer verification is advised. The building was constructed in 1973.
The property occupies an approximately 19,637-square-foot lot, or 0.45 acres, at 2002 W Chestnut Ave in Santa Ana, California.
The property occupies an approximately 19,637-square-foot lot, or 0.45 acres, at 2002 W Chestnut Ave in Santa Ana, California.
Key Highlights
- Approximately 9,600 SF freestanding warehouse on a 19,637 SF (0.45 AC) lot
- Approximately 1,000 SF of office space
- 14' warehouse ceiling with two grade‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,715
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,014,300
$3.0M
Cap Rate 7%
$2,153,071
$2.2M
Cap Rate 9%
$1,674,611
$1.7M
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$185.5K $19.32/SF
− Vacancy
−$8.2K −$0.85/SF
EGI
$177.3K $18.47/SF
− OpEx
−$26.6K −$2.77/SF
NOI
$150.7K $15.70/SF
Area
ZIP 92703
Vacancy
4.40%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,014,300
Cap Rate 7%
$2,153,071
Cap Rate 9%
$1,674,611
Alternative Uses
Best Use
Warehouse
$2.15M
$1.88M – $2.51M
NOI $150,715 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,498 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92703, CA
65,621
Population
14,644
Households
4.5
Avg Household Size
34
Median Age
13%
College-Educated
60%
High-School Grad
4.2 sq mi
ZIP Area
15,624
Density / Sq Mi
$80,817
Median Household Income
$33,363
Median Earnings
$1,922
Median Rent
$585,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Santa Ana, CA
Properties on Market for Warehouses in Santa Ana
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding industrial space combines an office component, grade-level loading, and secured outdoor storage.
Where is this warehouse located?
The property is located at 2002 W Chestnut Ave Santa Ana, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 9,600 SF freestanding warehouse on a 19,637 SF (0.45 AC) lot; Approximately 1,000 SF of office space; 14' warehouse ceiling with two grade‑level doors
