Freestanding Retail/Service
For Sale
$999,000
627 Harbor, Anaheim, CA 92805
Single-story freestanding building on Harbor Boulevard with flexible layout for retail, office, or personal services.
Property Size2,728 SF
Lot Size0.13 Acres
Price / SF$366.20
Days on Market76
Property Features for 627 Harbor
General Information
Standard status
Active
Size
2,728 SF
Lot size
0.13 Acres
Property subtype
Retail
Building Details
Year Built
1950
Stories
1
Listing Agency:
Cal One Realty Corp.
(714) 552-1667
Listed By:
Mauricio Cruz
Source:
Xome
Added: May 24
Changed: Jul 10
Last Checked: Aug 7 at 5:38AM
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 Cal One Realty Corp.
Investment Insights
Based on property information with market context.
This 2,728-square-foot, single-story freestanding building was built in 1950 and sits on a 5,450-square-foot lot. The structure offers a flexible interior layout suitable for a range of storefront and service-oriented concepts.
Located on highly visible Harbor Boulevard in Anaheim, the property is positioned near major freeways and surrounded by shopping, dining, and popular Anaheim attractions. Its frontage along the boulevard supports retail and service visibility for prospective customers.
With commercial general zoning, the site is presented for a variety of business uses, including retail, office, or personal services. The combination of a freestanding configuration and adaptable layout makes it well suited for owner-users establishing a presence or investors seeking a property that can accommodate multiple neighborhood-serving uses.
Located on highly visible Harbor Boulevard in Anaheim, the property is positioned near major freeways and surrounded by shopping, dining, and popular Anaheim attractions. Its frontage along the boulevard supports retail and service visibility for prospective customers.
With commercial general zoning, the site is presented for a variety of business uses, including retail, office, or personal services. The combination of a freestanding configuration and adaptable layout makes it well suited for owner-users establishing a presence or investors seeking a property that can accommodate multiple neighborhood-serving uses.
Key Highlights
- 2,728 SF single‑story freestanding building on a 5,450 SF lot
- Commercial General zoning
- Highly visible on Harbor Boulevard
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
$43,081
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
4.31%
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%
$861,620
$861.6K
Cap Rate 7%
$615,443
$615.4K
Cap Rate 9%
$478,678
$478.7K
Market Conditions
NOI Build-Up for 2,728 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
$65.5K $24.00/SF
− Vacancy
−$3.9K −$1.44/SF
EGI
$61.5K $22.56/SF
− OpEx
−$18.5K −$6.77/SF
NOI
$43.1K $15.79/SF
Area
ZIP 92805
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
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%
$861,620
Cap Rate 7%
$615,443
Cap Rate 9%
$478,678
Alternative Uses
Best Use
Retail
$615.4K
$538.5K – $718.0K
NOI $43,081 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.2K
$729.0K – $972.0K
NOI $58,322 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,830
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 21%
Hotels & Casinos 9%
Groceries 9%
AMPM
Shops & Services
17,839 visits/mo
0.5 miles
Carl's Jr.
Dining
11,398 visits/mo
0.4 miles
Bank of America
Shops & Services
10,031 visits/mo
0.3 miles
Quality Inn & Suites Anaheim Maingate
Hotels & Casinos
5,040 visits/mo
0.3 miles
Liquor Mart
Groceries
4,672 visits/mo
0.4 miles
Demographics for 92805, CA
74,633
Population
23,195
Households
3.2
Avg Household Size
33
Median Age
26%
College-Educated
71%
High-School Grad
6.2 sq mi
ZIP Area
12,038
Density / Sq Mi
$85,623
Median Household Income
$38,180
Median Earnings
$2,045
Median Rent
$667,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Single-story freestanding building on Harbor Boulevard with flexible layout for retail, office, or personal services.
Where is this storefront property located?
The property is located at 627 Harbor Anaheim, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,728 SF single‑story freestanding building on a 5,450 SF lot; Commercial General zoning; Highly visible on Harbor Boulevard
