Freestanding Flex Office
New
For Sale
$1,640,000
2528 Woodland Drive W, Anaheim, CA 92801
A multi-room layout combines private offices, open work areas, a break room, and dedicated lab space.
Property Size3,950 SF
Price / SF$415.19
Days on Market5
Property Features for 2528 Woodland Drive W
General Information
Standard status
Active
Size
3,950 SF
Total Parking Spaces
22
Property subtype
Business
Additional Details
Condition
Move-in Ready
Highway Access
Yes
Property Use
Flex
Amenities
Kitchen/Break Room
Building Details
Building Size
3,950 SF
Year Built
1984
Buildings
1
Stories
1
Listing Agency:
Berkshire Hathaway Home Services
Listed By:
Reena Kar · License #02227962
Source:
Altamirarealty
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 25 at 1:16AM
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 Berkshire Hathaway Home Services
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Investment Insights
Based on property information with market context.
This single-story, freestanding flex property in Anaheim contains approximately 3,950 square feet. Its interior includes 10 private offices, two open bullpen areas, a kitchen and break room, and a designated lab area. Recent interior work includes fresh paint and new laminate flooring. The building was constructed in 1984 and is industrially zoned.
On-site parking accommodates 22 vehicles, with additional street parking also available. The property has access to the 91 and 5 freeways. Medical or dental use may be possible with a minor conditional use permit from the City.
On-site parking accommodates 22 vehicles, with additional street parking also available. The property has access to the 91 and 5 freeways. Medical or dental use may be possible with a minor conditional use permit from the City.
Key Highlights
- Approximately 3,950 square feet in a single‑story, freestanding building
- 10 private offices and 2 bullpen areas
- Kitchen/break room and dedicated lab area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,163
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,303,260
$1.3M
Cap Rate 7%
$930,900
$930.9K
Cap Rate 9%
$724,033
$724.0K
Market Conditions
NOI Build-Up for 3,950 SF
Gross rent
$111.4K $28.20/SF
− Vacancy
−$24.5K −$6.20/SF
EGI
$86.9K $22.00/SF
− OpEx
−$21.7K −$5.50/SF
NOI
$65.2K $16.50/SF
Area
ZIP 92801
Vacancy
22.00%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,303,260
Cap Rate 7%
$930,900
Cap Rate 9%
$724,033
Alternative Uses
Best Use
Office B
$930.9K
$814.5K – $1.09M
NOI $65,163 @ 7.0% cap · market cap 3.97%
Second Best
Flex RnD
$848.2K
$742.1K – $989.5K
NOI $59,371 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,079 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
809
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92801, CA
63,163
Population
19,519
Households
3.2
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
6.3 sq mi
ZIP Area
10,026
Density / Sq Mi
$78,477
Median Household Income
$37,516
Median Earnings
$1,977
Median Rent
$632,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - A multi-room layout combines private offices, open work areas, a break room, and dedicated lab space.
Where is this flex space located?
The property is located at 2528 Woodland Drive W Anaheim, CA.
What is the asking price?
The asking price for this property is $1,640,000.
What are key features of this property?
This property features: Approximately 3,950 square feet in a single‑story, freestanding building; 10 private offices and 2 bullpen areas; Kitchen/break room and dedicated lab area
