Freestanding Flex Building with Showroom
New
For Sale
$2,608,000
2602 Orange Ave, Santa Ana, CA 92707
Finished display areas, private offices and a client lounge complement the building’s industrial functionality.
Property Size4,800 SF
Lot Size0.26 Acres
Price / SF$543.33
Days on Market5
Property Features for 2602 Orange Ave
General Information
Standard status
Active
Size
4,800 SF
Total Parking Spaces
10
Lot size
0.26 Acres
Property subtype
Warehouse
Zoning
M1
Site & Location
Corner Location
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
2
Amenities
client lounge
private offices
restrooms
Building Details
Building Size
4,800 SF
Year Built
1956
Buildings
1
Tenancy
Single
Listing Agency:
IRN REALTY
Listed By:
TANADOL AUEYONG · License #02121308
(626) 227-5994
Source:
Stephanieyounggroup
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 11 at 6:41AM
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 IRN REALTY
Investment Insights
Based on property information with market context.
This freestanding flex property contains 4,800 SF on a 0.26-acre corner parcel in Santa Ana. Built in 1956 and zoned M1, the building pairs polished concrete floors, skylights and open display bays with a client lounge, private offices and restrooms. Two 10' x 10' grade-level roll-up doors connect the interior to a walled side yard.
The site has a 0.43 FAR, a gated front parking area with 10 surface stalls and a secured side yard for staging or outdoor storage. The property is near the regional freeway network, John Wayne Airport and the Santa Ana Metrolink station.
The site has a 0.43 FAR, a gated front parking area with 10 surface stalls and a secured side yard for staging or outdoor storage. The property is near the regional freeway network, John Wayne Airport and the Santa Ana Metrolink station.
Key Highlights
- 4,800 SF freestanding flex building on a 0.26‑acre corner lot
- M1 zoning and 0.43 FAR
- Two 10' x 10' grade‑level roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,283
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,545,660
$1.5M
Cap Rate 7%
$1,104,043
$1.1M
Cap Rate 9%
$858,700
$858.7K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$118.1K $24.60/SF
− Vacancy
−$7.7K −$1.60/SF
EGI
$110.4K $23.00/SF
− OpEx
−$33.1K −$6.90/SF
NOI
$77.3K $16.10/SF
Area
ZIP 92707
Vacancy
6.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,545,660
Cap Rate 7%
$1,104,043
Cap Rate 9%
$858,700
Alternative Uses
Best Use
Retail
$1.10M
$966.0K – $1.29M
NOI $77,283 @ 7.0% cap · market cap 2.96%
Second Best
Warehouse
$1.08M
$942.0K – $1.26M
NOI $75,357 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,137 @ 7.0% cap · market cap 3.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Drive-in doors
Single-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,640
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92707, CA
56,456
Population
14,767
Households
3.8
Avg Household Size
33
Median Age
17%
College-Educated
65%
High-School Grad
5.2 sq mi
ZIP Area
10,857
Density / Sq Mi
$99,491
Median Household Income
$35,582
Median Earnings
$2,141
Median Rent
$635,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cater Tots — 2929 S Halladay St, Santa Ana, CA 92705
- Creative Catering — 501 W Dyer Rd, Santa Ana, CA 92707
- NJOY TACOS — 132 E Dyer Rd, Santa Ana, CA 92707
- Hi-Grade Food — 2520 S Birch St, Santa Ana, CA 92707
- SaltNPepperTruck — 2520 S Birch St, Santa Ana, CA 92707
Frequently Asked Questions
What type of property is this?
Flex space - Finished display areas, private offices and a client lounge complement the building’s industrial functionality.
Where is this flex space located?
The property is located at 2602 Orange Ave Santa Ana, CA.
What is the asking price?
The asking price for this property is $2,608,000.
What are key features of this property?
This property features: 4,800 SF freestanding flex building on a 0.26‑acre corner lot; M1 zoning and 0.43 FAR; Two 10' x 10' grade‑level roll‑up doors
