Freestanding Warehouse with Loading
New
For Sale
Contact for pricing
5421 Commercial Dr, Huntington Beach, CA 92649
A divisible layout combines warehouse space with dedicated office area.
Property Size10,246 SF
Price / SF$409
Days on Market6
Property Features for 5421 Commercial Dr
General Information
Standard status
Active
Size
10,246 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
16 ft
Office Build-Out
1,800 SF
Drive-In Doors
4
Additional Details
Highway Access
Yes
Listing Agency:
Lee & Associates - Newport Beach
(949) 724-1000
Listed By:
Brad Schneider · License #01887613
(949) 724-4708
Source:
Moodyscre
Added: Sep 29
Changed: Oct 4
Last Checked: Oct 2 at 10:04PM
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 - Newport Beach
Investment Insights
Based on property information with market context.
This freestanding warehouse totals 10,246 square feet, with approximately 1,800 SF of office space. The building has 16 feet of warehouse clearance and four ground-level loading doors, with a divisible design for flexible space configuration.
The property has access to the 405 Freeway.
The property has access to the 405 Freeway.
Key Highlights
- 10,246‑square‑foot freestanding warehouse
- 16’ warehouse clearance
- Four (4) ground‑level loading doors
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
$160,856
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
3.84%
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%
$3,217,120
$3.2M
Cap Rate 7%
$2,297,943
$2.3M
Cap Rate 9%
$1,787,289
$1.8M
Market Conditions
NOI Build-Up for 10,246 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
$198.0K $19.32/SF
− Vacancy
−$8.7K −$0.85/SF
EGI
$189.2K $18.47/SF
− OpEx
−$28.4K −$2.77/SF
NOI
$160.9K $15.70/SF
Area
Huntington Beach, CA
Vacancy
4.40%
Lease Rate
$19.32 /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%
$3,217,120
Cap Rate 7%
$2,297,943
Cap Rate 9%
$1,787,289
Alternative Uses
Best Use
Warehouse
$2.30M
$2.01M – $2.68M
NOI $160,856 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.54M
$3.10M – $4.13M
NOI $247,871 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
4
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,045
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92649, CA
34,082
Population
15,178
Households
2.2
Avg Household Size
47
Median Age
51%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
6,086
Density / Sq Mi
$121,604
Median Household Income
$59,242
Median Earnings
$2,554
Median Rent
$1,070,800
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 - A divisible layout combines warehouse space with dedicated office area.
Where is this warehouse located?
The property is located at 5421 Commercial Dr Huntington Beach, CA.
What is the asking price?
The asking price for this property is $4,190,614.
What are key features of this property?
This property features: 10,246‑square‑foot freestanding warehouse; 16’ warehouse clearance; Four (4) ground‑level loading doors
