Flex Space with Showroom
For Sale
$2,608,000
2602 Orange Ave, Santa Ana, CA 92707
Commercial Sale, Santa Ana, CA
Property Size4,800 SF
Lot Size0.26 Acres
Price / SF$543.33
Days on Market54
Property Features for 2602 Orange Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
North of Dyer Rd & East of Main St
Subdivision
69 - Santa Ana South of First
Standard status
Active
APN
01605126
Lot size
0.26 Acres
Additional Details
Corner Location
Yes
Property Use
Flex
Amenities
polished concrete floors
crystal chandeliers
skylights
finished client lounge with built-in display cabinetry
private offices
restrooms
additional finished amenities
Building Details
Year built
1956
Buildings
1
Listing Agency:
IRN REALTY
(626) 447-5100
Listed By:
TANADOL AUEYONG · License #02121308
(626) 227-5994
Added: Sep 12
Changed: Nov 2
Last Checked: Nov 4 at 3:06PM
MLS# WS26220106
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This freestanding flex property contains 4,800 SF on a 0.26-acre corner parcel. Its M1-zoned building pairs an open showroom area with a client lounge, built-in display cabinetry, private offices and restrooms. Polished concrete floors and skylights are among the interior features. Two 10' x 10' grade-level roll-up doors connect the building to a walled side yard, while a gated front lot provides 10 surface parking stalls. The site has a 0.43 FAR.
Key Highlights
- 4,800 SF freestanding building on a 0.26‑acre corner lot
- M1 zoning and 0.43 FAR
- Two 10' x 10' grade‑level roll‑up doors open to a walled side yard
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
Flex RnD
$935.1K
$818.2K – $1.09M
NOI $65,454 @ 7.0% cap · market cap 2.51%
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.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Drive-in doors
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
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
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Market
Vacancy Rate% for Industrial in West region
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 - A finished customer-facing interior is paired with industrial access and a secured outdoor yard.
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 building on a 0.26‑acre corner lot; M1 zoning and 0.43 FAR; Two 10' x 10' grade‑level roll‑up doors open to a walled side yard
