Renovated Flex
For Sale
$3,350,160
529 W Blueridge Ave., Orange, CA 92865
Versatile industrial space with executive offices, secured yard area, and ground-level loading access.
Property Size7,128 SF
Days on Market49
Property Features for 529 W Blueridge Ave.
General Information
Standard status
Active
Size
7,128 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Office Build-Out
800 SF
Drive-In Doors
2
Building Details
Building Size
7,128 SF
Year Built
1981
Year Renovated
2021
Stories
1
Listing Agency:
Daum Commercial
Listed By:
Dennis Holt · License #CA 01948978
(949) 242-1714
Source:
Daumcommercial
Added: Aug 20
Changed: Sep 11
Last Checked: Oct 5 at 3:00PM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This 7,128-square-foot flex property was renovated in 2021 and combines industrial functionality with approximately 800 SF of executive office space. The site includes a large fenced yard secured by a rolling iron gate, supporting controlled outdoor storage or staging. Two ground-level doors measuring 12' x 12' provide direct access for loading and circulation.
Located at 529 W Blueridge Ave in Orange, the property offers access to the 57, 91, 55, 22, and 5 freeways. The combination of office improvements, yard space, and multiple grade-level doors creates a practical configuration for a range of flex and industrial operations.
Located at 529 W Blueridge Ave in Orange, the property offers access to the 57, 91, 55, 22, and 5 freeways. The combination of office improvements, yard space, and multiple grade-level doors creates a practical configuration for a range of flex and industrial operations.
Key Highlights
- 7,128‑square‑foot flex property renovated in 2021
- Approximately ±800 SF of executive office space
- Large fenced yard with rolling iron gate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,072
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,881,440
$1.9M
Cap Rate 7%
$1,343,886
$1.3M
Cap Rate 9%
$1,045,244
$1.0M
Market Conditions
NOI Build-Up for 7,128 SF
Gross rent
$154.0K $21.60/SF
− Vacancy
−$9.2K −$1.30/SF
EGI
$144.7K $20.30/SF
− OpEx
−$50.7K −$7.11/SF
NOI
$94.1K $13.20/SF
Area
Orange, CA
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,881,440
Cap Rate 7%
$1,343,886
Cap Rate 9%
$1,045,244
Alternative Uses
Best Use
Flex RnD
$1.34M
$1.18M – $1.57M
NOI $94,072 @ 7.0% cap · market cap 2.81%
Second Best
Industrial
$1.29M
$1.13M – $1.51M
NOI $90,441 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$2.58M
$2.25M – $3.01M
NOI $180,385 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,271
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92865, CA
20,859
Population
7,188
Households
2.9
Avg Household Size
37
Median Age
40%
College-Educated
90%
High-School Grad
3.8 sq mi
ZIP Area
5,489
Density / Sq Mi
$130,258
Median Household Income
$54,484
Median Earnings
$2,343
Median Rent
$842,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile industrial space with executive offices, secured yard area, and ground-level loading access.
Where is this flex space located?
The property is located at 529 W Blueridge Ave. Orange, CA.
What is the asking price?
The asking price for this property is $3,350,160.
What are key features of this property?
This property features: 7,128‑square‑foot flex property renovated in 2021; Approximately ±800 SF of executive office space; Large fenced yard with rolling iron gate
