Multi-Tenant Office
For Sale
$2,500,000
Pending
630 S Glassell, Orange, CA 92866
Flexible suites, professional common areas, and onsite surface parking accommodate a range of office-based operations.
Property Size10,030 SF
Days on Market60
Property Features for 630 S Glassell
General Information
Standard status
Pending
Size
10,030 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Building Size
10,030 SF
Year Built
1978
Tenancy
Multi
Listing Agency:
RE/MAX New Dimension
Listed By:
Edgar Adame · License #01276216
(727) 372-8907
Source:
Velocityrealtysd
Added: Aug 17
Changed: Oct 11
Last Checked: Oct 12 at 11:41PM
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 RE/MAX New Dimension
Investment Insights
Based on property information with market context.
This multi-tenant office property at 630 S Glassell Street in Orange was built in 1978 and has been maintained for ongoing professional occupancy. The building offers adaptable suite layouts, well-appointed shared areas, and configurations suited to professional office, medical administrative, and specialized service users. Onsite surface parking and flexible lease options add practical functionality for occupants and ownership.
The property sits along South Glassell Street near Plaza Square Park, Chapman University, and St. Joseph Hospital. Regional connections include immediate access to SR-22, SR-55, and I-5, supporting travel throughout Southern California. Walk Score is 0, BikeScore is 43, and TransitScore is 40.
The property sits along South Glassell Street near Plaza Square Park, Chapman University, and St. Joseph Hospital. Regional connections include immediate access to SR-22, SR-55, and I-5, supporting travel throughout Southern California. Walk Score is 0, BikeScore is 43, and TransitScore is 40.
Key Highlights
- Multi‑tenant office property at 630 S Glassell Street in Orange
- Built in 1978 and maintained for professional occupancy
- Adaptable suite layouts with shared common areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,342
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,706,840
$3.7M
Cap Rate 7%
$2,647,743
$2.6M
Cap Rate 9%
$2,059,356
$2.1M
Market Conditions
NOI Build-Up for 10,030 SF
Gross rent
$284.0K $28.32/SF
− Vacancy
−$36.9K −$3.68/SF
EGI
$247.1K $24.64/SF
− OpEx
−$61.8K −$6.16/SF
NOI
$185.3K $18.48/SF
Area
Orange, CA
Vacancy
13.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,706,840
Cap Rate 7%
$2,647,743
Cap Rate 9%
$2,059,356
Alternative Uses
Best Use
Office B
$2.65M
$2.32M – $3.09M
NOI $185,342 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.63M
$3.17M – $4.23M
NOI $253,825 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,844
Businesses Nearby
Explore this area
Business Placement
Demographics for 92866, CA
15,935
Population
5,991
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
1.9 sq mi
ZIP Area
8,387
Density / Sq Mi
$83,776
Median Household Income
$45,872
Median Earnings
$1,955
Median Rent
$892,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Flexible suites, professional common areas, and onsite surface parking accommodate a range of office-based operations.
Where is this office building located?
The property is located at 630 S Glassell Orange, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Multi‑tenant office property at 630 S Glassell Street in Orange; Built in 1978 and maintained for professional occupancy; Adaptable suite layouts with shared common areas
