Remodeled Medical Office
For Sale
$625,000
408 S Beach Unit 208, Anaheim, CA 92804
Second-floor suite in Anaheim Medical Plaza with elevator access and a refreshed professional interior for healthcare or office use.
Property Size1,075 SF
Price / SF$581.40
Days on Market44
Property Features for 408 S Beach Unit 208
General Information
Standard status
Active
Size
1,075 SF
Elevators
Yes
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
2
Listing Agency:
Coldwell Banker Best Realty
Listed By:
Jenice Park · License #01318591
(714) 349-0505
Source:
Myfabuloushome
Added: Jul 23
Changed: Sep 4
Last Checked: Aug 31 at 5:06PM
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 Coldwell Banker Best Realty
Investment Insights
Based on property information with market context.
Unit 208 is a second-floor medical office condo within Anaheim Medical Plaza, a professional office setting on S Beach in Anaheim. Elevator service provides access to the suite, which features a remodeled interior designed around a clean, contemporary professional environment.
The property is suited to medical and professional operations, including med spa, acupuncture, chiropractic, wellness, therapy, cosmetic, massage, consultation, and dental-related services. Its position along Beach Blvd provides street exposure, while the Anaheim address offers access to surrounding amenities and major freeways. The suite may accommodate an owner-user or an investor seeking a healthcare-oriented office asset.
The property is suited to medical and professional operations, including med spa, acupuncture, chiropractic, wellness, therapy, cosmetic, massage, consultation, and dental-related services. Its position along Beach Blvd provides street exposure, while the Anaheim address offers access to surrounding amenities and major freeways. The suite may accommodate an owner-user or an investor seeking a healthcare-oriented office asset.
Key Highlights
- Medical office condo at Anaheim Medical Plaza
- Unit 208 on the second floor with elevator access
- Remodeled interior with a clean, contemporary professional finish
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
$18,112
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
2.90%
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%
$362,240
$362.2K
Cap Rate 7%
$258,743
$258.7K
Cap Rate 9%
$201,244
$201.2K
Market Conditions
NOI Build-Up for 1,075 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
$33.5K $31.20/SF
− Vacancy
−$3.4K −$3.12/SF
EGI
$30.2K $28.08/SF
− OpEx
−$12.1K −$11.23/SF
NOI
$18.1K $16.85/SF
Area
ZIP 92804
Vacancy
10.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
40.00%
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%
$362,240
Cap Rate 7%
$258,743
Cap Rate 9%
$201,244
Alternative Uses
Best Use
Healthcare Medical
$258.7K
$226.4K – $301.9K
NOI $18,112 @ 7.0% cap · market cap 2.90%
Second Best
Office B
$237.2K
$207.5K – $276.7K
NOI $16,602 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$336.4K
$294.4K – $392.5K
NOI $23,550 @ 7.0% cap · market cap 3.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92804, CA
86,127
Population
25,451
Households
3.4
Avg Household Size
36
Median Age
23%
College-Educated
76%
High-School Grad
7.1 sq mi
ZIP Area
12,131
Density / Sq Mi
$74,588
Median Household Income
$36,945
Median Earnings
$1,990
Median Rent
$729,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Second-floor suite in Anaheim Medical Plaza with elevator access and a refreshed professional interior for healthcare or office use.
Where is this medical office space located?
The property is located at 408 S Beach Unit 208 Anaheim, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Medical office condo at Anaheim Medical Plaza; Unit 208 on the second floor with elevator access; Remodeled interior with a clean, contemporary professional finish
