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Stand-Alone Medical Office Building
For Sale
$1,150,000

415 North State College Boulevard, Anaheim, CA 92805

Vacant medical office building in General Commercial zoning with on-site parking and convenient freeway access.

Property Size2,385 SF
Price / SF$482.18
Days on Market60

Property Features for 415 North State College Boulevard

General Information

Standard status Active
Size 2,385 SF
Total Parking Spaces 9
Property subtype Office
Zoning General Commercial

Site & Location

Traffic Count 27,000 vehicles/day
Highway Access Yes

Building Details

Year Built 1953
Listing Agency: NAI Capital - Orange County
Listed By: Ramzy Prado · License #CalDRE #01984005
Source: Www2.naicapital
Added: Jun 2 Changed: Jul 10 Last Checked: Jul 31 at 5:03AM

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 NAI Capital - Orange County

Investment Insights

Based on property information with market context.

415 N State College Blvd is a stand-alone medical office building with approximately 2,385 square feet, delivered vacant and ready for a new owner or operator. The property is positioned on a busy street and designed for straightforward medical office use within a flexible General Commercial zoning framework.

The building benefits from prominent, high-visibility placement and easy access to major regional routes, with the 91 Freeway and 57 Freeway providing east-west and north-south connectivity. On-site parking totals nine stalls, including one ADA space, supporting convenient patient and visitor access. The surrounding area is described as affluent, with average household incomes over 100k.

Given the General Commercial zoning, this property can support a range of uses beyond medical office, including retail and office. With the space delivered vacant, it offers an owner-user the opportunity to tailor the interior to their practice or business, while also presenting an income-focused option for buyers seeking a versatile, well-located commercial asset in Anaheim.

Key Highlights

  • 2,385 SF stand‑alone medical office building in Anaheim (Year built: 1953)
  • General Commercial zoning with allowable uses including medical office, retail, and office
  • Delivered vacant

Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $65.8k $27.60
− Vacancy −$4.3k −$1.79
EGI $61.5k $25.81
− OpEx −$24.6k −$10.32
NOI $36.9k $15.48
2,385 SF · lease $27.60/SF/yr · vacancy 6.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$527.5K
$461.6K – $615.5K (±1% cap)
NOI $36,928 @ 7.0% cap · market cap 3.21%
Second Best
Office B
$522.9K
$457.5K – $610.0K (±1% cap)
NOI $36,602 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$728.4K
$637.4K – $849.8K (±1% cap)
NOI $50,989 @ 7.0% cap · market cap 4.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dr. Michael D. ... Physician Gruver Gjames J ... Physician Dr. Rick L. ... Physician Acute & Diversified Psychotherapy ... Physician Donnau Cooper Marriage Or Relationship Counselor

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Pet Grooming Service

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

27,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,206
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92805, CA

74,633
Population
23,195
Households
3.2
Avg Household Size
33
Median Age
26%
College-Educated
71%
High-School Grad
6.2 sq mi
ZIP Area
12,038
Density / Sq Mi
$85,623
Median Household Income
$38,180
Median Earnings
$2,045
Median Rent
$667,400
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Vacant medical office building in General Commercial zoning with on-site parking and convenient freeway access.
Where is this medical office space located?
The property is located at 415 North State College Boulevard Anaheim, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 2,385 SF stand‑alone medical office building in Anaheim (Year built: 1953); General Commercial zoning with allowable uses including medical office, retail, and office; Delivered vacant
More about this property
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