Free Standing Office
For Sale
Contact for pricing
275 Baker St, Costa Mesa, CA
Free standing office building with single or dual tenant capability.
Property Size13,507 SF
Lot Size1.12 Acres
Price / SF$550
Days on Market511
Property Features for 275 Baker St
General Information
Standard status
Active
Size
13,507 SF
Lot size
1.12 Acres
Property subtype
OFFICE
Listing Agency:
Lee & Associates
(949) 727-1200
Listed By:
Zach Schwaner · License #02009623
(949) 790-3159
Source:
Moodyscre
Added: May 22, 2025
Changed: Aug 8
Last Checked: Jul 27 at 8:02AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This is a free standing office building offering single or dual tenant capability. The property has a size of 13507 square feet.
Key Highlights
- Free standing building
- Single or dual tenant capability
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$223,953
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,479,060
$4.5M
Cap Rate 7%
$3,199,329
$3.2M
Cap Rate 9%
$2,488,367
$2.5M
Market Conditions
NOI Build-Up for 13,507 SF
Gross rent
$356.6K $26.40/SF
− Vacancy
−$58.0K −$4.29/SF
EGI
$298.6K $22.11/SF
− OpEx
−$74.7K −$5.53/SF
NOI
$224.0K $16.58/SF
Area
Costa Mesa, CA
Vacancy
16.26%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,479,060
Cap Rate 7%
$3,199,329
Cap Rate 9%
$2,488,367
Alternative Uses
Best Use
Office B
$3.20M
$2.80M – $3.73M
NOI $223,953 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.57M
$4.00M – $5.34M
NOI $320,226 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,755
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Free standing office building with single or dual tenant capability.
Where is this office building located?
The property is located at 275 Baker St Costa Mesa, CA.
What is the asking price?
The asking price for this property is $7,428,850.
What are key features of this property?
This property features: Free standing building; Single or dual tenant capability
