Industrial Condominium with Office
361 N Berry Street, Brea, CA 92821
For Sale
Contact for pricing
The unit pairs dedicated office areas with warehouse space and ground-level loading access.
Property Size5,100 SF
Price / SF$450
Days on Market55
Property Features for 361 N Berry Street
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Listing Agency:
Colliers - Los Angeles - Orange County, California
Listed By:
Zac Kolander · License CA #02096759
(714) 715-1140
Source:
Crexi
Added: Sep 21
Changed: Nov 7
Last Checked: Nov 14 at 3:34AM
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 Colliers - Los Angeles - Orange County, California
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Investment Insights
Based on property information with market context.
This warehouse condominium contains approximately 5,100 square feet, including about 700 square feet of office area. The office layout has a reception area, two private offices, and two restrooms. Warehouse features include 16-foot ceiling clearance and two ground-level loading doors. The property is part of a newer-construction industrial park.
At the corner of Lambert Road and Berry Street in Brea, the property offers access to the 57 Freeway and Imperial Highway.
At the corner of Lambert Road and Berry Street in Brea, the property offers access to the 57 Freeway and Imperial Highway.
Key Highlights
- Approximately 5,100 square feet, including ±700 square feet of office space
- Office area includes reception, two private offices, and two restrooms
- Warehouse ceiling clearance of 16 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,246
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,920
$1.6M
Cap Rate 7%
$1,117,800
$1.1M
Cap Rate 9%
$869,400
$869.4K
Market Conditions
NOI Build-Up for 5,100 SF
Gross rent
$96.7K $18.96/SF
− Vacancy
−$4.6K −$0.91/SF
EGI
$92.1K $18.05/SF
− OpEx
−$13.8K −$2.71/SF
NOI
$78.2K $15.34/SF
Area
Orange County, CA
Vacancy
4.80%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,920
Cap Rate 7%
$1,117,800
Cap Rate 9%
$869,400
Alternative Uses
Best Use
Warehouse
$1.12M
$978.1K – $1.30M
NOI $78,246 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,909 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,280
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92821, CA
41,335
Population
15,232
Households
2.7
Avg Household Size
40
Median Age
49%
College-Educated
93%
High-School Grad
14.1 sq mi
ZIP Area
2,932
Density / Sq Mi
$116,660
Median Household Income
$59,010
Median Earnings
$2,254
Median Rent
$851,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Orange County, CA
Properties on Market for Warehouses in Orange County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Pouch Self Storage — Brea, CA 92821
- Boat Storage Depot — 1225 W Imperial Hwy, Brea, CA 92821
- Comfy House Foods — 222 Gemini Ave, Brea, CA 92821
- Imperial Distribution Center — Brea, CA 92821
- Arovista Self Storage — 270 Arovista Ave, Brea, CA 92821
Frequently Asked Questions
What type of property is this?
Warehouse - The unit pairs dedicated office areas with warehouse space and ground-level loading access.
Where is this warehouse located?
The property is located at 361 N Berry Street Brea, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Approximately 5,100 square feet, including ±700 square feet of office space; Office area includes reception, two private offices, and two restrooms; Warehouse ceiling clearance of 16 feet
