Industrial Condominium with
2003 Raymer Avenue Unit A Fullerton, CA 92833
2003 Raymer Avenue Unit A, Fullerton, CA, 92833
$1,300,000
For Sale
$1,300,000
Industrial condo in a business center with two entrances, private restrooms, and a rear loading dock.
Property Size3,180 SF
Price / SF$408.81
Days on Market138
Property Features for 2003 Raymer Avenue Unit A
General Information
- Standard status
- Active
- Size
- 3,180 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1989
Listing agency
(818) 432-1500
Listed by
Keller Williams Studio City
Source
Xome
Added: Mar 5 Updated: Jul 21 at 12:11PM Checked: Jul 21 at 12:11PM
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 Keller Williams Studio City
Investment Insights
Based on property information with market context.
2003 Raymer Ave., Suite A is an industrial condominium within the Raymer Business Center. The unit is approximately 3,180 square feet and features two entrances, two private restrooms, and a rear loading dock with approximate dimensions of 10 X 12.
The property is part of a well-maintained business park totaling approximately 79,765 square feet, with ample parking available for occupants and visitors. Allowed uses include general office and warehouse functions, supporting a range of office/warehouse operations such as distribution, storage, showroom, light manufacturing, and hybrid office/warehouse use.
For an owner-user, the layout supports combining office and warehouse activities in one accessible space. For investors, the condo is positioned in a professionally maintained business park with an existing tenant operating in compliance with the approved use.
The property is part of a well-maintained business park totaling approximately 79,765 square feet, with ample parking available for occupants and visitors. Allowed uses include general office and warehouse functions, supporting a range of office/warehouse operations such as distribution, storage, showroom, light manufacturing, and hybrid office/warehouse use.
For an owner-user, the layout supports combining office and warehouse activities in one accessible space. For investors, the condo is positioned in a professionally maintained business park with an existing tenant operating in compliance with the approved use.
Key Highlights
- Industrial condominium unit in Raymer Business Center totaling approx. 79,765 SF
- Approx. 3,180 SF with two entrances and two private restrooms
- Rear loading dock (approx. 10 X 12) for warehouse or distribution access
Local Financial Insights For Office B
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 | $84.0k | $26.40 |
| − Vacancy | −$13.7k | −$4.29 |
| EGI | $70.3k | $22.11 |
| − OpEx | −$17.6k | −$5.53 |
| NOI | $52.7k | $16.58 |
3,180 SF · lease $26.40/SF/yr · vacancy 16.26% · expense 25.00%
Alternative Uses
Best Use
Office B
$753.2K
$659.1K – $878.8K
NOI $52,726 @ 7.0% cap · market cap 4.06%
Second Best
Warehouse
$704.3K
$616.3K – $821.7K
NOI $49,304 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.02M
$894.8K – $1.19M
NOI $71,580 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Trusty Plumbers
Plumbing Service
Jesus Es El ...
Church
CCTVSTAR
Industrial Manufacturer
Global Ascent Inc
Industrial Manufacturer
Movement Cures
Physician
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FAQs
What type of property is this?
Flex space - Industrial condo in a business center with two entrances, private restrooms, and a rear loading dock.
Where is this flex space located?
The property is located at 2003 Raymer Avenue Unit A Fullerton, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Industrial condominium unit in Raymer Business Center totaling approx. 79,765 SF; Approx. 3,180 SF with two entrances and two private restrooms; Rear loading dock (approx. 10 X 12) for warehouse or distribution access
