Showroom Building with Fenced
New
For Sale
$1,500,000
757 North Tustin Street, Orange, CA 92867
C-1 zoning, rear-yard fencing, and power for a building sign add practical features.
Property Size3,000 SF
Lot Size0.20 Acres
Price / SF$500
Days on Market3
Property Features for 757 North Tustin Street
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.20 Acres
Property subtype
Retail
Zoning
C-1
Amenities
Two (2) Rest Rooms
Large Rear Doors & 5’ Wide Front Entrance
Large Fenced Yard (Rear)
Backlit Monument Sign on Tustin Street
Electricity for Lighted Sign on Building
Building Details
Building Size
3,000 SF
Buildings
1
Construction
Concrete Tilt-Up
Listing Agency:
Lee & Associates - Orange
Listed By:
Dan Kruse · License #CalDRE #00852571
(714) 564-7136
Source:
Lee-associates
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 4 at 8:01AM
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 - Orange
Investment Insights
Based on property information with market context.
The concrete tilt-up showroom building contains approximately 3,000 square feet and two restrooms. Large rear doors provide access to a fenced yard, while the front entrance is 5 feet wide. The building has a new roof and HVAC system.
A backlit monument sign fronts North Tustin Street, and electrical service is available for a lighted sign on the building. The approximately 8,876-square-foot lot, or about 0.2 acres, is zoned C-1.
A backlit monument sign fronts North Tustin Street, and electrical service is available for a lighted sign on the building. The approximately 8,876-square-foot lot, or about 0.2 acres, is zoned C-1.
Key Highlights
- Approximately 3,000 SF showroom building with concrete tilt‑up construction
- Approximately 8,876 SF lot (about 0.2 acres), zoned C‑1
- Fenced rear yard and large rear 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
$42,412
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
2.83%
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%
$848,240
$848.2K
Cap Rate 7%
$605,886
$605.9K
Cap Rate 9%
$471,244
$471.2K
Market Conditions
NOI Build-Up for 3,000 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
$64.8K $21.60/SF
− Vacancy
−$4.2K −$1.40/SF
EGI
$60.6K $20.20/SF
− OpEx
−$18.2K −$6.06/SF
NOI
$42.4K $14.14/SF
Area
Orange, CA
Vacancy
6.50%
Lease Rate
$21.60 /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%
$848,240
Cap Rate 7%
$605,886
Cap Rate 9%
$471,244
Alternative Uses
Best Use
Retail
$605.9K
$530.2K – $706.9K
NOI $42,412 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$949.0K – $1.27M
NOI $75,920 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,044
Businesses Nearby
237k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 33%
Groceries 29%
Apparel 3%
Albertsons
Groceries
38,099 visits/mo
0.2 miles
Stater Bros. Markets
Groceries
30,848 visits/mo
0.1 miles
McDonald's
Dining
30,570 visits/mo
0.2 miles
Dollar Tree
Shops & Services
24,132 visits/mo
0.1 miles
Islands Restaurant
Dining
12,854 visits/mo
0.3 miles
Demographics for 92867, CA
44,927
Population
13,693
Households
3.3
Avg Household Size
36
Median Age
40%
College-Educated
88%
High-School Grad
12.0 sq mi
ZIP Area
3,744
Density / Sq Mi
$125,799
Median Household Income
$50,744
Median Earnings
$2,209
Median Rent
$951,000
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?
Showroom - C-1 zoning, rear-yard fencing, and power for a building sign add practical features.
Where is this showroom located?
The property is located at 757 North Tustin Street Orange, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 3,000 SF showroom building with concrete tilt‑up construction; Approximately 8,876 SF lot (about 0.2 acres), zoned C‑1; Fenced rear yard and large rear doors
