Furnished Office
New
For Sale
$1,950,000
Pending
2592 N Santiago Boulevard, Orange, CA 92867
A two-suite layout combines owner-use office space with a leased suite.
Property Size4,482 SF
Days on Market2
Property Features for 2592 N Santiago Boulevard
General Information
Standard status
Pending
Size
4,482 SF
Amenities
1
2-5 Units/Acre,Garden,Landscaped
Public
11537
0.2649
Assessor
4482
Building Details
Building Size
4,482 SF
Year Built
1982
Stories
1
Listing Agency:
Centennial Advisers
Listed By:
Chris White · License #01445690
(562) 269-4844
Source:
Lmbenterprises
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:01AM
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 Centennial Advisers
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Investment Insights
Based on property information with market context.
The 4,482-square-foot office building is arranged as a 3,198-square-foot suite and a 1,284-square-foot leased suite. The larger office includes a reception area, conference room, full kitchen, eight private offices, storage, a file room, and separate men’s and women’s restrooms. Furniture may be included at delivery.
Built in 1982, the building occupies a 0.2649-acre landscaped parcel in Orange, California.
Built in 1982, the building occupies a 0.2649-acre landscaped parcel in Orange, California.
Key Highlights
- 4,482 square feet across two suites: 3,198 square feet and 1,284 square feet
- Larger suite includes reception, conference room, full kitchen, eight private offices, storage, and a file room
- Separate men’s and women’s restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,822
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,656,440
$1.7M
Cap Rate 7%
$1,183,171
$1.2M
Cap Rate 9%
$920,244
$920.2K
Market Conditions
NOI Build-Up for 4,482 SF
Gross rent
$126.9K $28.32/SF
− Vacancy
−$16.5K −$3.68/SF
EGI
$110.4K $24.64/SF
− OpEx
−$27.6K −$6.16/SF
NOI
$82.8K $18.48/SF
Area
Orange, CA
Vacancy
13.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,656,440
Cap Rate 7%
$1,183,171
Cap Rate 9%
$920,244
Alternative Uses
Best Use
Office B
$1.18M
$1.04M – $1.38M
NOI $82,822 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,424 @ 7.0% cap · market cap 5.82%
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
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A two-suite layout combines owner-use office space with a leased suite.
Where is this office building located?
The property is located at 2592 N Santiago Boulevard Orange, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 4,482 square feet across two suites: 3,198 square feet and 1,284 square feet; Larger suite includes reception, conference room, full kitchen, eight private offices, storage, and a file room; Separate men’s and women’s restrooms
