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Freestanding Flex Space with Fenced Yard
For Sale
$2,709,420

400 Commercial Way, La Habra, CA 90631

Renovated offices complement a warehouse with automatic ground-level truck access.

Property Size6,451 SF
Lot Size0.38 Acres
Price / SF$420
Days on Market104

Property Features for 400 Commercial Way

General Information

Standard status Active
Size 6,451 SF
Lot size 0.38 Acres
Property subtype Industrial

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 16 ft
Office Build-Out 2,967 SF
Mezzanine 300 SF
Drive-In Doors 2
Power 400 amps

Building Details

Building Size 6,451 SF
Year Built 1985
Buildings 1
Listing Agency: Lee & Associates
Listed By: Brett Leiter · License #CalDRE #02125806
Source: Lee-associates
Added: Jul 3 Changed: Oct 9 Last Checked: Oct 12 at 6:36PM

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 freestanding flex property combines industrial workspace with recently updated office improvements. The 6,451 SF building includes approximately 2,967 SF of renovated office space, a warehouse with 16’ clear height, and a bonus mezzanine of approximately 300 SF. Two ground-level automatic truck doors support loading, while 400 Amps of power serve the facility. Recent work includes a silicon roof coating, warehouse skylights, HVAC installed approximately 4 years ago, and LED lighting throughout the warehouse and office areas.

The property occupies an approximately 0.38-acre corner lot at 400 Commercial Way in La Habra, California. A fenced concrete yard of approximately 5,500 SF provides secured exterior work or storage area. The building was constructed in 1985 and is configured for industrial and manufacturing use.

Key Highlights

  • ±6,451 SF freestanding flex building on a ±0.38 AC corner lot
  • ±5,500 SF fenced concrete yard
  • ±2,967 SF recently renovated office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$126,857
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,537,140 $2.5M
Cap Rate 7%
$1,812,243 $1.8M
Cap Rate 9%
$1,409,522 $1.4M
Market Conditions
NOI Build-Up for 6,451 SF
Gross rent
$192.8K $29.88/SF
− Vacancy
−$23.6K −$3.66/SF
EGI
$169.1K $26.22/SF
− OpEx
−$42.3K −$6.55/SF
NOI
$126.9K $19.66/SF
Area
Orange County, CA
Vacancy
12.25%
Lease Rate
$29.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,537,140
Cap Rate 7%
$1,812,243
Cap Rate 9%
$1,409,522

Alternative Uses

Best Use
Office B
$1.81M
$1.59M – $2.11M (±1% cap)
NOI $126,857 @ 7.0% cap · market cap 4.68%
Second Best
Flex RnD
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,372 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M (±1% cap)
NOI $151,673 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Stellar Installations Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
2
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,359
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90631, CA

69,533
Population
23,390
Households
3
Avg Household Size
38
Median Age
32%
College-Educated
86%
High-School Grad
14.0 sq mi
ZIP Area
4,967
Density / Sq Mi
$102,208
Median Household Income
$46,334
Median Earnings
$2,029
Median Rent
$757,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • TACOS Y CHILE — 331 Pacific Ave, La Habra, CA 90631
  • Ritz Regency Catering — 401 S Harbor Blvd #200, La Habra, CA 90631
  • Botello Fresh Grill — 412 E La Habra Blvd, La Habra, CA 90631
  • La Finestra Catering — 430 n harbor blvd, la habra, ca 90631

Frequently Asked Questions

What type of property is this?
Flex space - Renovated offices complement a warehouse with automatic ground-level truck access.
Where is this flex space located?
The property is located at 400 Commercial Way La Habra, CA.
What is the asking price?
The asking price for this property is $2,709,420.
What are key features of this property?
This property features: ±6,451 SF freestanding flex building on a ±0.38 AC corner lot; ±5,500 SF fenced concrete yard; ±2,967 SF recently renovated office space
More about this property
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