Industrial Condo with
432 W Meats Ave Orange, CA 92865
For Sale
Contact for pricing
Industrial condo offering high-image office space, a bonus office mezzanine, and two 12-by-12 ground-level loading doors.
Property Size4,900 SF
Price / SF$428.57
Days on Market17
Property Features for 432 W Meats Ave
General Information
- Standard status
- Active
- Size
- 4,900 SF
- Property subtype
- INDUSTRIAL
Listing Agency:
Lee & Associates
(949) 790-3159
Listed By:
Zach Schwaner · License #02009623
Source:
Moodyscre
Added: Jul 8
Changed: Jul 23
Last Checked: Jul 23 at 9:42AM
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 industrial condo includes approximately 1,500 square feet of high-image office space plus a 242 square-foot bonus office mezzanine. The warehouse area features two ground-level loading doors measuring 12 feet by 12 feet and provides 16 feet of minimum warehouse clearance, supporting everyday distribution and light industrial operations.
Located at 432 W Meats Ave in Orange, CA 92865, the property offers convenient access to multiple freeways, including 55, 91, 57, 5, and 22.
The layout combines functional warehouse space with dedicated office components, creating a work environment that supports teams needing on-site administration while maintaining straightforward ground-level loading.
Located at 432 W Meats Ave in Orange, CA 92865, the property offers convenient access to multiple freeways, including 55, 91, 57, 5, and 22.
The layout combines functional warehouse space with dedicated office components, creating a work environment that supports teams needing on-site administration while maintaining straightforward ground-level loading.
Key Highlights
- Industrial condo with 1,500 SF of high‑image office space
- Includes 242 SF bonus office mezzanine
- Two ground‑level loading doors, 12' x 12' each
Financial Insights For Office B
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 | $138.8k | $28.32 |
| − Vacancy | −$18.0k | −$3.68 |
| EGI | $120.7k | $24.64 |
| − OpEx | −$30.2k | −$6.16 |
| NOI | $90.5k | $18.48 |
4,900 SF · lease $28.32/SF/yr · vacancy 13.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.29M
$1.13M – $1.51M
NOI $90,546 @ 7.0% cap · market cap 4.31%
Second Best
Warehouse
$1.10M
$961.5K – $1.28M
NOI $76,919 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,002 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Horizons Construction
Construction Company
Beamish Caulking & Coating ...
Construction Company
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FAQs
What type of property is this?
Flex space - Industrial condo offering high-image office space, a bonus office mezzanine, and two 12-by-12 ground-level loading doors.
Where is this flex space located?
The property is located at 432 W Meats Ave Orange, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Industrial condo with 1,500 SF of high‑image office space; Includes 242 SF bonus office mezzanine; Two ground‑level loading doors, 12' x 12' each
