Santa Ana Warehouse For
2222-2308 W 2nd Street Santa Ana, CA 92703
2222-2308 W 2nd Street, Santa Ana, CA, 92703
$6,850,000
For Sale
$6,850,000
24,426 SF Santa Ana warehouse property with new renovations.
Property Size24,426 SF
Price / SF$280.44
Days on Market112
Property Features for 2222-2308 W 2nd Street
General Information
- Standard status
- Active
- Size
- 24,426 SF
- Property subtype
- Industrial
Properties For Sale
at 2222-2308 W 2nd Street Contact us
Listing agency
DAUM Commercial Real Estate Newport Beach
(949) 242-1065
Listed by
Devin Ray · License #CA 02018130
(949) 242-1065
Source
Daumcommercial
Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 22 at 2:07AM
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 DAUM Commercial Real Estate Newport Beach
Investment Insights
Based on property information with market context.
This commercial real estate property, located in Santa Ana, California, features a total square footage of 24,426 SF. The property has undergone new renovations and is suitable for warehouse and industrial use.
Key Highlights
- 24,426 SF Total Square Footage
- New Renovations
Local 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 | $471.9k | $19.32 |
| − Vacancy | −$20.8k | −$0.85 |
| EGI | $451.1k | $18.47 |
| − OpEx | −$67.7k | −$2.77 |
| NOI | $383.5k | $15.70 |
24,426 SF · lease $19.32/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.48M
$4.79M – $6.39M
NOI $383,474 @ 7.0% cap · market cap 5.60%
Second Best
Industrial
$4.51M
$3.95M – $5.26M
NOI $315,802 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$7.07M
$6.19M – $8.25M
NOI $494,876 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - 24,426 SF Santa Ana warehouse property with new renovations.
Where is this warehouse located?
The property is located at 2222-2308 W 2nd Street Santa Ana, CA.
What is the asking price?
The asking price for this property is $6,850,000.
What are key features of this property?
This property features: 24,426 SF Total Square Footage; New Renovations
