Freestanding Warehouse with Secured
For Sale
Contact for pricing
3882 Florista St, Los Alamitos, CA 90720
Freestanding warehouse includes heavy power, three grade level doors, and a secured fenced yard.
Property Size6,600 SF
Price / SF$405.30
Days on Market94
Property Features for 3882 Florista St
General Information
Standard status
Active
Size
6,600 SF
Property subtype
INDUSTRIAL
Zoning
Medical Overlay Zoning
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Drive-In Doors
3
Heavy Power
Yes
Listing Agency:
Daum Commercial
(949) 724-1900
Listed By:
Jim St Omer Roy · License #00944842
(714) 609-1297
Source:
Moodyscre
Added: Jun 12
Changed: Sep 11
Last Checked: Sep 12 at 11:30AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This freestanding warehouse is set up for industrial use with heavy power/electric distribution and 1,100 SF of bonus mezzanine storage. The building also features three grade level doors, supporting flexible loading and access. A secured fenced yard provides an enclosed outdoor area for operations.
The property is identified with a medical overlay zoning designation, which may be relevant to allowable uses depending on specific tenant requirements.
Overall, the asset offers a straightforward warehouse configuration with mezzanine storage and secured outdoor space, positioned for users that need loading access and the stated power capability.
The property is identified with a medical overlay zoning designation, which may be relevant to allowable uses depending on specific tenant requirements.
Overall, the asset offers a straightforward warehouse configuration with mezzanine storage and secured outdoor space, positioned for users that need loading access and the stated power capability.
Key Highlights
- Freestanding warehouse with heavy power/electric distribution
- 1,100 SF bonus mezzanine storage
- 3 grade level doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$101,260
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,025,200
$2.0M
Cap Rate 7%
$1,446,571
$1.4M
Cap Rate 9%
$1,125,111
$1.1M
Market Conditions
NOI Build-Up for 6,600 SF
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.
Gross rent
$125.1K $18.96/SF
− Vacancy
−$6.0K −$0.91/SF
EGI
$119.1K $18.05/SF
− OpEx
−$17.9K −$2.71/SF
NOI
$101.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,025,200
Cap Rate 7%
$1,446,571
Cap Rate 9%
$1,125,111
Alternative Uses
Best Use
Warehouse
$1.45M
$1.27M – $1.69M
NOI $101,260 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M
NOI $155,177 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
3,263
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90720, CA
22,955
Population
8,675
Households
2.6
Avg Household Size
43
Median Age
52%
College-Educated
96%
High-School Grad
6.1 sq mi
ZIP Area
3,763
Density / Sq Mi
$134,232
Median Household Income
$63,406
Median Earnings
$2,370
Median Rent
$1,166,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Small Space Storage — 10909 Portal Dr, Los Alamitos, CA 90720
- Extra Space Storage — 3592 Cerritos Ave, Los Alamitos, CA 90720
- Public Storage — 3752 W Cerritos Ave, Los Alamitos, CA 90720
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse includes heavy power, three grade level doors, and a secured fenced yard.
Where is this warehouse located?
The property is located at 3882 Florista St Los Alamitos, CA.
What is the asking price?
The asking price for this property is $2,675,000.
What are key features of this property?
This property features: Freestanding warehouse with heavy power/electric distribution; 1,100 SF bonus mezzanine storage; 3 grade level doors
