Anaheim Office/Medical Space For
For Sale
Contact for pricing
611 S Harbor Blvd, Anaheim, CA
Office or medical space available for purchase in Anaheim, CA.
Property Size1,739 SF
Lot Size0.51 Acres
Price / SF$475
Days on Market461
Property Features for 611 S Harbor Blvd
General Information
Standard status
Active
Size
1,739 SF
Lot size
0.51 Acres
Property subtype
OFFICE
Listing Agency:
LAREM Industrial Real Estate Specialists, Inc
(310) 704-4003
Listed By:
Colin Lancaster
(310) 704-4003
Source:
Moodyscre
Added: May 9, 2025
Changed: Jul 6
Last Checked: Aug 12 at 11:22AM
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 LAREM Industrial Real Estate Specialists, Inc
Investment Insights
Based on property information with market context.
This 1739-square-foot property in Anaheim, CA, is suitable for office or medical use and is available for purchase.
Key Highlights
- Office/medical space for lease
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
$34,002
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
4.12%
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%
$680,040
$680.0K
Cap Rate 7%
$485,743
$485.7K
Cap Rate 9%
$377,800
$377.8K
Market Conditions
NOI Build-Up for 1,739 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
$57.4K $33.00/SF
− Vacancy
−$12.1K −$6.93/SF
EGI
$45.3K $26.07/SF
− OpEx
−$11.3K −$6.52/SF
NOI
$34.0K $19.55/SF
Area
Anaheim, CA
Vacancy
21.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
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%
$680,040
Cap Rate 7%
$485,743
Cap Rate 9%
$377,800
Alternative Uses
Best Use
Office B
$485.7K
$425.0K – $566.7K
NOI $34,002 @ 7.0% cap · market cap 4.12%
Second Best
Healthcare Medical
$392.8K
$343.7K – $458.3K
NOI $27,496 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$631.7K
$552.7K – $737.0K
NOI $44,219 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Office or medical space available for purchase in Anaheim, CA.
Where is this medical office space located?
The property is located at 611 S Harbor Blvd Anaheim, CA.
What is the asking price?
The asking price for this property is $826,025.
What are key features of this property?
This property features: Office/medical space for lease
