Freestanding Warehouse
New
For Sale
Contact for pricing
536 E Walnut Ave, Fullerton, CA 92831
Warehouse property with truck access, fire sprinklers, and a secured concrete yard.
Property Size3,953 SF
Price / SF$429
Days on Market5
Property Features for 536 E Walnut Ave
General Information
Standard status
Active
Size
3,953 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
11 ft
Dock-High Doors
1
Power
100 amps
Sprinkler System
Yes
Additional Details
Fenced Yard
Yes
Listing Agency:
Lee & Associates
(714) 647-9100
Listed By:
Bob Sattler · License #00850049
(714) 553-8510
Source:
Moodyscre
Added: Sep 16
Changed: Sep 18
Last Checked: Sep 20 at 12:17PM
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 freestanding warehouse building at 536 E Walnut Ave in Fullerton contains 3,953 square feet of space with an 11-foot clear height. A 10' x 10' truck door supports loading access, while the property also includes fire sprinklers and a concrete-fenced parking and yard area.
Electrical service is listed at 100 Amps, subject to verification. The combination of warehouse space, loading access, secured outdoor area, and sprinkler protection provides a practical configuration for commercial operations.
Electrical service is listed at 100 Amps, subject to verification. The combination of warehouse space, loading access, secured outdoor area, and sprinkler protection provides a practical configuration for commercial operations.
Key Highlights
- 3,953 square feet of warehouse space
- 11' clear height
- 10' x 10' truck door
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
$61,289
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
3.61%
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%
$1,225,780
$1.2M
Cap Rate 7%
$875,557
$875.6K
Cap Rate 9%
$680,989
$681.0K
Market Conditions
NOI Build-Up for 3,953 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
$75.4K $19.08/SF
− Vacancy
−$3.3K −$0.84/SF
EGI
$72.1K $18.24/SF
− OpEx
−$10.8K −$2.74/SF
NOI
$61.3K $15.50/SF
Area
Fullerton, CA
Vacancy
4.40%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
15.00%
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%
$1,225,780
Cap Rate 7%
$875,557
Cap Rate 9%
$680,989
Alternative Uses
Best Use
Warehouse
$875.6K
$766.1K – $1.02M
NOI $61,289 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,979 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
11 ft
Clear height
1
Dock-high doors
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,610
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92831, CA
38,953
Population
13,691
Households
2.8
Avg Household Size
31
Median Age
44%
College-Educated
89%
High-School Grad
5.9 sq mi
ZIP Area
6,602
Density / Sq Mi
$89,451
Median Household Income
$41,878
Median Earnings
$2,093
Median Rent
$821,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property with truck access, fire sprinklers, and a secured concrete yard.
Where is this warehouse located?
The property is located at 536 E Walnut Ave Fullerton, CA.
What is the asking price?
The asking price for this property is $1,695,837.
What are key features of this property?
This property features: 3,953 square feet of warehouse space; 11' clear height; 10' x 10' truck door
