Industrial Condo with 18-Foot
3512 W Lake Center Dr Unit B Santa Ana, CA 92704
3512 W Lake Center Dr Unit B, Santa Ana, CA, 92704
$2,195,000
For Sale
$2,195,000
Industrial condo featuring 18' warehouse ceilings, a ground-level loading door, and 400 amps of power.
Property Size4,923 SF
Price / SF$445.87
Days on Market64
Property Features for 3512 W Lake Center Dr Unit B
General Information
- Standard status
- Active
- Size
- 4,923 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1989
Listing agency
Lee & Associates
(949) 584-1133
Listed by
Zach Schwaner · License #CalDRE #02009623
(949) 584-1133
Source
Lee-associates
Added: May 20 Updated: Jul 21 at 5:13AM Checked: Jul 22 at 5:15AM
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.
A 4,923 SF industrial condo offered for sale within a multi-unit association. The unit includes 400 amps and 18' warehouse ceilings, with one ground-level loading door for straightforward ground loading. The warehouse is sprinklered at 0.12/GPM/1,500 SF.
Parking is offered at a 2.7:1 ratio, and the association dues are listed at $727 per month.
The property is part of an industrial condo arrangement and is presented as an owner-occupied or investment-ready warehouse space, depending on tenant and ownership plans.
Parking is offered at a 2.7:1 ratio, and the association dues are listed at $727 per month.
The property is part of an industrial condo arrangement and is presented as an owner-occupied or investment-ready warehouse space, depending on tenant and ownership plans.
Key Highlights
- 4,923 SF industrial condo available for sale
- 18' warehouse ceilings with 1 ground‑level loading door
- 400 amps electrical service
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.1k | $19.32 |
| − Vacancy | −$4.2k | −$0.85 |
| EGI | $90.9k | $18.47 |
| − OpEx | −$13.6k | −$2.77 |
| NOI | $77.3k | $15.70 |
4,923 SF · lease $19.32/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.10M
$966.1K – $1.29M
NOI $77,288 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,424 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bringer's Consulting Inc.
Department Store
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 4501 W MacArthur Blvd, Santa Ana, CA 92704
- SPACES MOBILE STORAGE — 1573 sunland ln, costa mesa, ca 92626
- Pan Pacific Enterprises Co — 1680 Toronto Way, Costa Mesa, CA 92626
- Warehouse — 3419 W MacArthur Blvd, Santa Ana, CA 92704
- North American Self Storage — 3595 Cadillac Ave, Costa Mesa, CA 92626
FAQs
What type of property is this?
Warehouse - Industrial condo featuring 18' warehouse ceilings, a ground-level loading door, and 400 amps of power.
Where is this warehouse located?
The property is located at 3512 W Lake Center Dr Unit B Santa Ana, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 4,923 SF industrial condo available for sale; 18' warehouse ceilings with 1 ground‑level loading door; 400 amps electrical service
