Freestanding Industrial/Retail/Showroom
For Sale
Contact for pricing
250 N Orange, Brea, CA 92821
Recently renovated mixed-use building in Brea's thriving downtown area.
Property Size9,911 SF
Lot Size0.46 Acres
Price / SF$383.41
Days on Market748
Property Features for 250 N Orange
General Information
Standard status
Active
Size
9,911 SF
Total Parking Spaces
15
Lot size
0.46 Acres
Property subtype
Retail, Industrial
Zoning
Industrial Commercial
Building Details
Year Built
1991
Year Renovated
2020
Listing Agency:
Lee & Associates - Orange
Listed By:
John Son · License #CA 01069091
(562) 665-1199
Source:
Crexi
Added: Oct 3, 2024
Changed: Oct 14
Last Checked: Oct 19 at 6:49AM
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
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Investment Insights
Based on property information with market context.
This freestanding mixed-use property offers an opportunity for owner-users or investors. The property, renovated in 2020 with $500,000 in upgrades, is located in the downtown area of Brea. The building has approximately 9,911 square feet and is situated on 0.46 acres. Zoned C-M (Industrial Commercial), the property allows for a variety of uses, including commercial, retail, industrial, medical services, auto repair, and office. Buyers should verify permitted uses with the city of Brea. The building features two ground-level doors and a full sprinkler system. The layout includes a two-story office, a showroom with a 24-foot ceiling, and a warehouse with a 16-foot ceiling. This property presents an opportunity for business establishment or expansion in a prime Orange County location.
Key Highlights
- Recently renovated with $500K in upgrades (2020).
- ±9,911 SF freestanding industrial/retail/showroom building.
- Located in the thriving city of Brea downtown area, a prime Orange County location.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$225,181
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,503,620
$4.5M
Cap Rate 7%
$3,216,871
$3.2M
Cap Rate 9%
$2,502,011
$2.5M
Market Conditions
NOI Build-Up for 9,911 SF
Gross rent
$333.0K $33.60/SF
− Vacancy
−$11.3K −$1.14/SF
EGI
$321.7K $32.46/SF
− OpEx
−$96.5K −$9.74/SF
NOI
$225.2K $22.72/SF
Area
Orange County, CA
Vacancy
3.40%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,503,620
Cap Rate 7%
$3,216,871
Cap Rate 9%
$2,502,011
Alternative Uses
Best Use
Retail
$3.22M
$2.81M – $3.75M
NOI $225,181 @ 7.0% cap · market cap 5.93%
Second Best
Office B
$2.78M
$2.44M – $3.25M
NOI $194,898 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$3.33M
$2.91M – $3.88M
NOI $233,023 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,528
Businesses Nearby
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Business Placement
Demographics for 92821, CA
41,335
Population
15,232
Households
2.7
Avg Household Size
40
Median Age
49%
College-Educated
93%
High-School Grad
14.1 sq mi
ZIP Area
2,932
Density / Sq Mi
$116,660
Median Household Income
$59,010
Median Earnings
$2,254
Median Rent
$851,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Recently renovated mixed-use building in Brea's thriving downtown area.
Where is this mixed-use property located?
The property is located at 250 N Orange Brea, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Recently renovated with $500K in upgrades (2020).; ±9,911 SF freestanding industrial/retail/showroom building.; Located in the thriving city of Brea downtown area, a prime Orange County location.
