Industrial Building with Secured
New
For Sale
Contact for pricing
204 W Carleton Ave, Orange, CA 92867
Two separately occupied building sections include office space, warehouse area, electrical service, and secured outdoor storage.
Property Size23,360 SF
Price / SF$345
Days on Market4
Property Features for 204 W Carleton Ave
General Information
Standard status
Active
Size
23,360 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
16 ft
Office Build-Out
5,000 SF
Power
400 amps
Additional Details
Outdoor Storage
Yes
Listing Agency:
Voit Real Estate Services
(949) 851-5100
Listed By:
Mitch Zehner · License #00882464
(714) 935-2307
Source:
Moodyscre
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:04AM
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 Voit Real Estate Services
Investment Insights
Based on property information with market context.
The industrial property comprises 23,360 square feet across two tenant buildings. A 5,000-square-foot office component supports the warehouse space, which has 16-foot clear height. The property also includes 400 amps of power, subject to verification, and two secured yard areas.
Located at 204 W Carleton Ave in Orange, California, the freestanding building offers a combination of indoor industrial space, office area, and secured outdoor areas.
Located at 204 W Carleton Ave in Orange, California, the freestanding building offers a combination of indoor industrial space, office area, and secured outdoor areas.
Key Highlights
- 23,360 square feet across two tenant buildings
- 5,000 SF of office space
- 16‑foot warehouse clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$366,701
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,334,020
$7.3M
Cap Rate 7%
$5,238,586
$5.2M
Cap Rate 9%
$4,074,456
$4.1M
Market Conditions
NOI Build-Up for 23,360 SF
Gross rent
$454.1K $19.44/SF
− Vacancy
−$22.7K −$0.97/SF
EGI
$431.4K $18.47/SF
− OpEx
−$64.7K −$2.77/SF
NOI
$366.7K $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 Rate 5%
$7,334,020
Cap Rate 7%
$5,238,586
Cap Rate 9%
$4,074,456
Alternative Uses
Best Use
Warehouse
$5.24M
$4.58M – $6.11M
NOI $366,701 @ 7.0% cap · market cap 4.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.45M
$7.39M – $9.85M
NOI $591,161 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
2,151
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
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Similar Off Market Nearby
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- My Self Storage Space Company — 1002 w collins ave, orange, ca 92867
- Public Storage — 623 W Collins Ave, Orange, CA 92867
- Public Storage — 1040 N Main St, Orange, CA 92867
Frequently Asked Questions
What type of property is this?
Warehouse - Two separately occupied building sections include office space, warehouse area, electrical service, and secured outdoor storage.
Where is this warehouse located?
The property is located at 204 W Carleton Ave Orange, CA.
What is the asking price?
The asking price for this property is $8,059,200.
What are key features of this property?
This property features: 23,360 square feet across two tenant buildings; 5,000 SF of office space; 16‑foot warehouse clear height
