Two-Story Medical
New
For Sale
$4,850,000
8245 Monte Vista Road Anaheim, Anaheim, CA 92808
Elevator-served facility with a medical buildout, exam rooms, therapy areas, and a configurable first-floor shell.
Property Size12,876 SF
Lot Size1.64 Acres
Days on Market2
Property Features for 8245 Monte Vista Road Anaheim
General Information
Standard status
Active
Size
12,876 SF
Class
B
Elevators
Yes
Lot size
1.64 Acres
Property subtype
Multi Tenant Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
12,876 SF
Year Built
2006
Buildings
1
Stories
2
Owner Occupied
Yes
Listing Agency:
Hoover Related Companies
(949) 533-1429
Listed By:
Darrell Hoover · License #00700687
(949) 533-1429
Source:
Thebrokerlist
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 13 at 4:39AM
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 Hoover Related Companies
Investment Insights
Based on property information with market context.
This elevator-served medical center at 8245 Monte Vista Road includes two floors and was originally designed as a surgical center. The first floor is a raw shell with potential for a surgical facility, pre-op room, and 9-bed post-op room. The second floor contains 4 doctor’s offices, therapy areas, radiology, and 11 exam rooms, each with complete plumbing. The owner occupies the second floor and will execute a long-term lease at closing. A conditional use permit for a medical facility is in place.
The property occupies a 1.64-acre lot at a signalized hard corner in Anaheim Hills, with street frontage and exterior signage visible from South Weir Canyon. It offers access to the 91 Freeway and is within 10 miles of seven medical centers, including Kaiser Permanente and St. Jude Medical. The site is also within walking distance of Anaheim Hills Festival Center and includes panoramic mountain views and landscaped grounds.
The property occupies a 1.64-acre lot at a signalized hard corner in Anaheim Hills, with street frontage and exterior signage visible from South Weir Canyon. It offers access to the 91 Freeway and is within 10 miles of seven medical centers, including Kaiser Permanente and St. Jude Medical. The site is also within walking distance of Anaheim Hills Festival Center and includes panoramic mountain views and landscaped grounds.
Key Highlights
- 1.64‑acre lot at a signalized hard corner in Anaheim Hills
- Second floor includes 4 doctor’s offices and 11 exam rooms with complete plumbing
- First‑floor shell can accommodate a surgical facility, pre‑op room, and 9‑bed post‑op room
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
$251,758
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
5.19%
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%
$5,035,160
$5.0M
Cap Rate 7%
$3,596,543
$3.6M
Cap Rate 9%
$2,797,311
$2.8M
Market Conditions
NOI Build-Up for 12,876 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
$424.9K $33.00/SF
− Vacancy
−$89.2K −$6.93/SF
EGI
$335.7K $26.07/SF
− OpEx
−$83.9K −$6.52/SF
NOI
$251.8K $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%
$5,035,160
Cap Rate 7%
$3,596,543
Cap Rate 9%
$2,797,311
Alternative Uses
Best Use
Office B
$3.60M
$3.15M – $4.20M
NOI $251,758 @ 7.0% cap · market cap 5.19%
Second Best
Healthcare Medical
$2.91M
$2.54M – $3.39M
NOI $203,585 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$4.68M
$4.09M – $5.46M
NOI $327,411 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,419
Businesses Nearby
Explore this area
Business Placement
Demographics for 92808, CA
20,056
Population
7,768
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
96%
High-School Grad
5.0 sq mi
ZIP Area
4,011
Density / Sq Mi
$148,697
Median Household Income
$78,874
Median Earnings
$2,801
Median Rent
$1,036,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Elevator-served facility with a medical buildout, exam rooms, therapy areas, and a configurable first-floor shell.
Where is this medical center located?
The property is located at 8245 Monte Vista Road Anaheim Anaheim, CA.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: 1.64‑acre lot at a signalized hard corner in Anaheim Hills; Second floor includes 4 doctor’s offices and 11 exam rooms with complete plumbing; First‑floor shell can accommodate a surgical facility, pre‑op room, and 9‑bed post‑op room
