Industrial Flex
For Sale
Contact for pricing
4875 E La Palma Ave Suite 603, Anaheim, CA 92807
Suite 603 offers a dedicated commercial space for flexible industrial operations.
Property Size2,400 SF
Price / SF$416.67
Days on Market456
Property Features for 4875 E La Palma Ave Suite 603
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Industrial
Building Details
Year Renovated
2009
Listing Agency:
Colliers - Los Angeles - Orange County, California
Listed By:
Grant Clancy · License #CA 02070357
Source:
Crexi
Added: Jun 2, 2025
Changed: Aug 30
Last Checked: Aug 30 at 9:14AM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This flex space comprises approximately 2,400 square feet within Suite 603, providing a dedicated industrial-oriented commercial unit. The property is identified as a flex space and industrial property, supporting a range of business configurations within that asset category.
The suite is located at 4875 E La Palma Ave in Anaheim, California, with the property address identifying ZIP Code 92807. The available information does not specify interior improvements, loading, parking, ceiling height, or utility details.
The suite is located at 4875 E La Palma Ave in Anaheim, California, with the property address identifying ZIP Code 92807. The available information does not specify interior improvements, loading, parking, ceiling height, or utility details.
Key Highlights
- Approximately 2,400 SF of flex space
- Suite 603 configuration
- Industrial property classification
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
$35,568
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
3.56%
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%
$711,360
$711.4K
Cap Rate 7%
$508,114
$508.1K
Cap Rate 9%
$395,200
$395.2K
Market Conditions
NOI Build-Up for 2,400 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
$57.6K $24.00/SF
− Vacancy
−$2.9K −$1.20/SF
EGI
$54.7K $22.80/SF
− OpEx
−$19.2K −$7.98/SF
NOI
$35.6K $14.82/SF
Area
Anaheim, CA
Vacancy
5.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
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%
$711,360
Cap Rate 7%
$508,114
Cap Rate 9%
$395,200
Alternative Uses
Best Use
Flex RnD
$508.1K
$444.6K – $592.8K
NOI $35,568 @ 7.0% cap · market cap 3.56%
Second Best
Industrial
$443.3K
$387.9K – $517.2K
NOI $31,029 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$871.8K
$762.8K – $1.02M
NOI $61,027 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,197
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92807, CA
37,627
Population
12,985
Households
2.9
Avg Household Size
44
Median Age
47%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,421
Density / Sq Mi
$136,089
Median Household Income
$62,020
Median Earnings
$2,959
Median Rent
$918,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Suite 603 offers a dedicated commercial space for flexible industrial operations.
Where is this flex space located?
The property is located at 4875 E La Palma Ave Suite 603 Anaheim, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 2,400 SF of flex space; Suite 603 configuration; Industrial property classification
