Commercial Building For
For Sale
$1,700,000
9041 Katella, Anaheim, CA 92804
Prime location ideal for auto-related businesses and investors.
Property Size4,200 SF
Lot Size0.47 Acres
Price / SF$404.76
Days on Market150
Property Features for 9041 Katella
General Information
Standard status
Active
Size
4,200 SF
Lot size
0.47 Acres
Property subtype
Commercial
Building Details
Building Size
4,200 SF
Year Built
1970
Units
5
Listing Agency:
Keller Williams Realty
(714) 823-9253
Listed By:
Elizabeth Do · License #01473012
(714) 823-9253
Source:
Elliman
Added: Mar 23
Changed: Aug 15
Last Checked: Aug 19 at 10:28AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This commercial building is an investment prospect in a prime location ideal for auto-related businesses. The property is situated on a busy street in Orange County, ensuring significant visibility and foot traffic. The building comprises 5 fully occupied units, each occupied by long-term tenants, demonstrating a stable income stream. The lot spans 20,518 square feet, with 4,200 square feet dedicated to operational areas. Currently, the building supports automotive repair services and tire sales. This property represents an opportunity for investors or business owners looking to establish themselves in a thriving area.
Key Highlights
- Prime location on a busy street in Orange County, ensuring high visibility and foot traffic.
- Stable income stream from 5 fully occupied units with long‑term tenants.
- Ideal for auto‑related businesses, currently supporting automotive repair and tire sales.
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
$65,974
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
3.88%
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%
$1,319,480
$1.3M
Cap Rate 7%
$942,486
$942.5K
Cap Rate 9%
$733,044
$733.0K
Market Conditions
NOI Build-Up for 4,200 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
$100.8K $24.00/SF
− Vacancy
−$6.6K −$1.56/SF
EGI
$94.2K $22.44/SF
− OpEx
−$28.3K −$6.73/SF
NOI
$66.0K $15.71/SF
Area
ZIP 92804
Vacancy
6.50%
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%
$1,319,480
Cap Rate 7%
$942,486
Cap Rate 9%
$733,044
Alternative Uses
Best Use
Retail
$942.5K
$824.7K – $1.10M
NOI $65,974 @ 7.0% cap · market cap 3.88%
Second Best
Industrial
$816.1K
$714.1K – $952.1K
NOI $57,125 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $92,010 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 40%
Shops & Services 38%
Dining 22%
ARCO
Shops & Services
14,084 visits/mo
0.4 miles
WSS
Apparel
10,553 visits/mo
0.5 miles
Goodwill
Apparel
9,373 visits/mo
0.1 miles
Taco Bell
Dining
7,751 visits/mo
0.1 miles
7-Eleven
Shops & Services
3,044 visits/mo
0.1 miles
Demographics for 92804, CA
86,127
Population
25,451
Households
3.4
Avg Household Size
36
Median Age
23%
College-Educated
76%
High-School Grad
7.1 sq mi
ZIP Area
12,131
Density / Sq Mi
$74,588
Median Household Income
$36,945
Median Earnings
$1,990
Median Rent
$729,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 9852 W Katella Ave, Anaheim, CA 92804
- Str8up Exotic Rentals — 8260 W Cerritos Ave, Stanton, CA 90680
Frequently Asked Questions
What type of property is this?
Automotive property - Prime location ideal for auto-related businesses and investors.
Where is this automotive property located?
The property is located at 9041 Katella Anaheim, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime location on a busy street in Orange County, ensuring high visibility and foot traffic.; Stable income stream from 5 fully occupied units with long‑term tenants.; Ideal for auto‑related businesses, currently supporting automotive repair and tire sales.
