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    Santa Ana Office Space Available Title is generated by Realmo AI

    515 & 525 Cabrillo Park Dr, Santa Ana, CA 92701

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    For Lease
    Contact for pricing

    Office space for lease in Santa Ana, California.

    Type:Office
    Added:
    Feb 4, 2021
    Days on Market:
    1924
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 515 & 525 Cabrillo Park Dr

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 515 & 525 Cabrillo Park Dr Contact us

    1971 East 4 Th Street Suite 200 $1.00 /Mo

    Size
    5,939 SF
    Type
    Office
    6 offices, conference room, kitchen, large open arean$1.00 FSG
    Contact us

    1971 East 4 Th Street Suite 220 $1.00 /Mo

    Size
    2,716 SF
    Type
    Office
    Contact us

    515 Cabrillo Drive Suite 200 $1.00 /Mo

    Size
    11,293 SF
    Type
    Office
    18 offices, filing area, kitchen, server room, reception officenLease rate: $1.00...
    show more
    Contact us

    515 Cabrillo Drive Suite 301 $1.00 /Mo

    Size
    1,220 SF
    Type
    Office
    2 offices, open area, server roomnLease rate: $1.00 FSG
    Contact us

    525 Cabrillo Drive Suite 280 $1.00 /Mo

    Size
    4,759 SF
    Type
    Office
    11 offices, kitchen, server room, large open area nLease Rate: $1.00 FSG
    Contact us

    525 Cabrillo Drive Suite 300 $1.00 /Mo

    Size
    13,085 SF
    Type
    Office
    38 offices, kitchen, conference room, mail room, 2 restrooms, waiting area, reception...
    show more
    Contact us

    525 Cabrillo Drive Suite 350 $1.00 /Mo

    Size
    3,105 SF
    Type
    Office
    Lease Rate: 1.00 FSGn10 offices, conference room, kitchen, reception
    Contact us

    1901 East 4 Th Street Suite 200 $1.00 /Mo

    Size
    4,847 SF
    Type
    Office
    Lease Rate: $1.00 FSGn8 offices with bathroom & shower, 5 offices, server room, reception...
    show more
    Contact us

    1901 East 4 Th Street Suite 310 $1.00 /Mo

    Size
    3,296 SF
    Type
    Office
    6 offices, kitchen, open area nLease rate: $1.00 FSG
    Contact us

    1971 East 4 Th Street Suite 300 $1.00 /Mo

    Size
    512 SF
    Type
    Office
    Lease Rate:$1.00 FSGnOpen space
    Contact us

    1971 East 4th Street Suite 340 $1.00 /Mo

    Size
    512 SF
    Type
    Office
    Lease rate: $1.00 FSGn1 office with open area
    Contact us

    1971 East 4th Street Suite 220 $1.00 /Mo

    Size
    2,716 SF
    Type
    Office
    Lease Rate:$1.00 FSGn5 offices, open areas & kitchen. Available 4/1/2026
    Contact us

    1971East 4th Street Suite 200 $1.00 /Mo

    Size
    5,939 SF
    Type
    Office
    LEASE RATE $1.00 FSGn6 offices, conference room, kitchen, large open area
    Contact us

    1971 East 4th St Suite 100 $1.00 /Mo

    Size
    6,612 SF
    Type
    Office
    14 offices, reception area, kitchen areanLease Rate: $1.00 FSG
    Contact us

    525 Cabrillo Drive Suite 124 $1.00 /Mo

    Size
    1,120 SF
    Type
    Office
    Lease Rate: $1.00 FSGnLarge open area and small storage room
    Contact us

    525 Cabrillo Drive Suite 225 $1.00 /Mo

    Size
    4,738 SF
    Type
    Office
    Lease Rate:$1.00 FSGn8 offices, reception area, conference room, file room, and 6...
    show more
    Contact us

    1901 East 4th Street Suite 180 $1.00 /Mo

    Size
    1,355 SF
    Type
    Office
    Lease Rate:$1.00 FSGn3 offices, open area & reception area. Available 8/1/2026
    Contact us

    1971 East 4th Street Suite 210A $1.00 /Mo

    Size
    1,232 SF
    Type
    Office
    Lease Rate: $1.00 FSGn3 offices, reception area & open area
    Contact us
    Show more

    We can help!

    Listing Contact
    Trent Martin
    Trent Martin

    Listing agent Trent Martin License #02250629

    Listing office Lee & Associates - Irvine

    Listing date Feb 4, 2021

    Source Crexi

    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 - Irvine

    HighLights

    • Office Space for Lease

    Overview

    Office space is available for lease at 515 & 525 Cabrillo Park Dr, Santa Ana, CA 92701. The property is suitable for commercial real estate purposes, specifically for office units and spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coalition of Orange County ... Community Health Centre PT Plus Physical ... Physician The Leukemia & Lymphoma Society Charitable Organization Wall Mc Cormick ... Law Firm Guardian Solutions Inc Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.839799
    Latitude
    33.7496717

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      Retail Space Next to Dollar Tree

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      Retail Spaces in Artist Village

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    FAQs

    What type of property is this?
    Office units - Office space for lease in Santa Ana, California.
    Where is this office units located?
    The property is located at 515 & 525 Cabrillo Park Dr Santa Ana, CA.
    What are key features of this property?
    This property features: Office Space for Lease
    (619) 396-8767 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Trent Martin
    Trent Martin
    Real Estate License ID: 02250629
    Learn More
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    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
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