Professional Office Building with
For Sale
Contact for pricing
2914 E Katella Avenue, Orange, CA 92867
Professionally maintained office property in Orange County with reciprocal parking and prominent signage on Katella Avenue.
Property Size8,752 SF
Price / SF$326.21
Days on Market99
Property Features for 2914 E Katella Avenue
General Information
Standard status
Active
Size
8,752 SF
Property subtype
Office
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$173,184
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1975
Units
18
Tenancy
Multi
Listing Agency:
PK Management Inc
Listed By:
Paul Kraemer · License #CA 01087378
Source:
Crexi
Added: Jul 20
Changed: Oct 26
Last Checked: Oct 24 at 2:22PM
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 PK Management Inc
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Investment Insights
Based on property information with market context.
2914 E Katella Ave is a professionally maintained office building totaling approximately 8,752 square feet. The property offers reciprocal parking to support tenant, client, and visitor convenience, and it includes building and street signage available on Katella Avenue and Wanda.
The asset is positioned along the Katella Avenue corridor with strong visibility at a signalized intersection. It also provides accessibility to the 55, 57, and 91 freeways, placing the building in a well-established business area with professional office, medical, and commercial users.
The building’s functional layout and connectivity are suited for a range of professional and service-oriented office uses, including medical and financial or consulting services, depending on tenant requirements and business needs.
The asset is positioned along the Katella Avenue corridor with strong visibility at a signalized intersection. It also provides accessibility to the 55, 57, and 91 freeways, placing the building in a well-established business area with professional office, medical, and commercial users.
The building’s functional layout and connectivity are suited for a range of professional and service-oriented office uses, including medical and financial or consulting services, depending on tenant requirements and business needs.
Key Highlights
- Office property built in 1975 with approx. 8,752 SF professionally maintained.
- Located on E Katella Ave in the Orange office corridor along a heavily traveled route with building and street signage.
- Reciprocal parking available for tenants, clients, and visitors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$161,726
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,234,520
$3.2M
Cap Rate 7%
$2,310,371
$2.3M
Cap Rate 9%
$1,796,956
$1.8M
Market Conditions
NOI Build-Up for 8,752 SF
Gross rent
$247.9K $28.32/SF
− Vacancy
−$32.2K −$3.68/SF
EGI
$215.6K $24.64/SF
− OpEx
−$53.9K −$6.16/SF
NOI
$161.7K $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%
$3,234,520
Cap Rate 7%
$2,310,371
Cap Rate 9%
$1,796,956
Alternative Uses
Best Use
Office B
$2.31M
$2.02M – $2.70M
NOI $161,726 @ 7.0% cap · market cap 5.66%
Second Best
Healthcare Medical
$1.83M
$1.60M – $2.14M
NOI $128,234 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M
NOI $221,483 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
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
Check the figures for this property
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 - Professionally maintained office property in Orange County with reciprocal parking and prominent signage on Katella Avenue.
Where is this office building located?
The property is located at 2914 E Katella Avenue Orange, CA.
What is the asking price?
The asking price for this property is $2,855,000.
What are key features of this property?
This property features: Office property built in 1975 with approx. 8,752 SF professionally maintained.; Located on E Katella Ave in the Orange office corridor along a heavily traveled route with building and street signage.; Reciprocal parking available for tenants, clients, and visitors.
