Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    404 Berry Place Brea, CA 92821

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Industrial building with fenced yard, convenient highway access.

    Type:Industrial
    Property size:
    18,870 SF
    Added:
    Nov 26, 2025
    Days on Market:
    127
    Last Refresh:
    Apr 1 at 9:13 pm

    Property Features for 404 Berry Place

    General Information

    Standard status
    Active
    Size
    18,870 SF
    Property subtype
    Industrial

    Properties For Sale

    at 404 Berry Place Contact us

    We can help!

    Listing Contact
    Ryan Magarian, SIOR

    Listing agent Ryan Magarian, SIOR License #CalDRE #02063515

    Listing office

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Ryan Magarian, SIOR

    Overview

    Freestanding Industrial Building with Yard

    This freestanding industrial building offers approximately 18,870 square feet of space, including an office area of approximately 3,029 square feet. The property is situated on a parcel of approximately 87,595 square feet and features a large fenced yard. It includes three ground-level doors and a warehouse clearance of approximately 16 feet. The building has 1,200 Amps of 277/480 Volt power, which should be verified. Zoned M2 (Heavy Industrial), the property provides immediate access to the 57 and 90 Highways. NNN fees are $8,871.22. The sublease expiration date is November 30, 2027.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • My Self Storage Space — 1295 W Lambert Rd, Brea, CA 92821
    • Arovista Self Storage — 270 Arovista Ave, Brea, CA 92821
    • InstanT MoVerSBreA OrangE — Movers in Brea, Movers in Orange, Movers in Orange County, 3109 E Birch St, Brea, CA 92821
    • Pouch Self Storage — Brea, CA 92821
    • Imperial Distribution Center — Brea, CA 92821

    Map

    City
    Brea
    County
    Orange
    State
    California
    Longitude
    -117.871
    Latitude
    33.9296

    Nearby Similar for Sale

    • $1,955,000
      3,795 SF

      Brea Commercial Property For Sale

      Multi-use commercial property with expansion potential in Brea, CA.
      114 Olinda Drive, Brea, CA 92823
      View Details
    • $2,575,000
      5,000 SF

      Brea Commercial Property For Sale

      Multi-use commercial property with expansion potential in Brea, CA.
      102 Olinda Drive, Brea, CA 92823
      View Details
    • $4,530,000
      8,795 SF

      Multi-Building Commercial Property in Brea

      Versatile commercial property with three buildings and ample parking.
      102 Olinda Drive, Brea, CA 92823
      View Details
    • $1,650,000
      3,630 SF

      Brea Quadruplex Investment Opportunity

      Four-unit property in a prime Orange County location.
      114 Juniper, Brea, CA 92821
      View Details
    • $536,724
      877 SF

      Brea Warehouse with Office Space

      Industrial condo with office, warehouse, and mezzanine storage. Great location.
      2781 Saturn Street Unit C, Brea, CA 92821
      View Details
    • $1.60
      3,237 SF

      Brea Flex Space For Sale

      Flex space in Brea with two-story office and warehouse.
      335 Puente Street, Building D, Brea, CA 92821
      View Details
    • $1.60
      3,237 SF

      Brea Flex Space For Sale

      Flex space in Brea with two-story office and warehouse.
      335 N. Puente Street, Building D, Brea, CA 92821
      View Details
    • $1.45
      2,109 SF

      Brea Flex Space For Sale

      Flex space with two-story office, high ceilings, and freeway access.
      335 N. Puente Street, Building D, Brea, CA 92821
      View Details
    • $2
      15,858 SF

      Brea Blvd Multi-Use Building

      Two-story building suitable for office, medical, bank, or retail.
      275 N Brea Blvd, Brea, CA 92821
      View Details
    • $1.70
      900 SF

      Freestanding Warehouse with Street Frontage

      Freestanding warehouse with office, parking, and drive-around capability.
      593 Apollo Street, Brea, CA 92821
      View Details
    • $3,950,000
      9,911 SF

      Freestanding Building with Flexible Zoning

      Renovated building suitable for showroom, warehousing, retail, or auto.
      250 N Orange Ave, Brea, CA
      View Details
    • $90,000

      Established Salon Business Opportunity

      Highly reputable salon with strong brand recognition in Brea, CA.
      574 S Brea Blvd, Brea, CA 92821
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial building with fenced yard, convenient highway access.
    Where is this warehouse located?
    The property is located at 404 Berry Place Brea, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Immediate access to 57 & 90 Hwy; Huge fenced yard; M2 Zoning (Heavy Industrial)
    (714) 851-0928
    We can help!
    Listing Contact
    Ryan Magarian, SIOR
    Real Estate License ID: CalDRE #02063515
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!