Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6550 Katella Ave Cypress, CA 90630

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Large Flex Space in Cypress, CA

    Lot size:
    342,086 SF

    Property Features for 6550 Katella Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    342,086 SF

    Building Details

    Year Built/Renovated
    1981/2006
    Stories
    1

    Spaces For Lease

    at 6550 Katella Ave, Cypress, CA 90630 Contact us

    We can help!

    Listing Contact
    Tom Sheets

    Listing Agent: Tom Sheets

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 342,086-square-foot flex space property, located at 6550 Katella Avenue in Cypress, California (zip code 90630), presents a significant opportunity. Built in 1981 and renovated in 2006, the single-story building sits on a substantial 13.93 acres of land. The property features a high 26-foot ceiling height, making it ideal for a variety of uses. Logistics are well-supported by 14 dock-high doors and a single drive-in door. The property boasts heavy power, specifically 2,000 amps of 277-480v 3-phase 4-wire power, suitable for demanding industrial operations. The zoning is designated as M2. The Assessor's Parcel Number (APN) is 224-271-23. This multi-tenant property offers ample space and robust infrastructure, making it a compelling investment or operational base. Its strategic location in Cypress, California provides easy access to major transportation arteries. The property's size, power capacity, and loading capabilities make it suitable for a wide range of industrial and office uses. This is a rare opportunity to acquire a large, well-maintained flex space in a prime location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    iRhythm Technologies, Inc ... Association Or Organization

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Orange
    State
    California
    Longitude
    -118.0180598
    Latitude
    33.8018709

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      CA, Cypress - Walker St

      Workspaces, services and support to help you work better in Plano on Park
      10601 Walker St, Cypress, CA 90630
      View Details
    • $1.85 SF/Yr
      6,000 SF

      Retail Space on Lincoln Avenue

      Retail space available on Lincoln Ave with excellent visibility.
      5361 Lincoln Ave, Cypress, CA 90630
      View Details
    • $0.55 SF/Yr
      34,322 SF

      Automotive Sales Lot For Rent

      34,322 SF automotive sales lot with 1,200 SF office.
      4902 Lincoln Ave, Cypress, CA 90630
      View Details
    • $1.85 SF/Yr
      6,000 SF

      Retail Space on Lincoln Avenue

      Prime retail space with excellent visibility in Cypress, California.
      5361 Lincoln Ave, Cypress, CA 90630
      View Details
    • Contact for pricing

      Retail Space Near Cypress College

      Retail spaces available near major retailers and Cypress College.
      9111 Valley View St, Cypress, CA 90630
      View Details
    • Contact for pricing

      Retail Space in Cypress Center

      Retail space for lease in well-maintained Cypress shopping center.
      10031-10191 Valley View St, Cypress, CA 90630
      View Details
    • Contact for pricing

      Retail and Restaurant Space Available

      Retail and restaurant spaces for lease in a busy area.
      6847-6931 Katella Ave, Cypress, CA 90630
      View Details
    • Contact for pricing

      Retail Space in Cypress Center

      Retail space anchored by Ralphs, located in a high-traffic area.
      4005-4197 Ball Rd, Cypress, CA 90630
      View Details
    • $1.50 SF/Yr
      72,753 SF

      Corporate HQ Facility For Rent

      High image corporate headquarters facility with office and warehouse space.
      10824 Hope St, Cypress, CA 90630
      View Details
    • $1.35 SF/Yr
      5,501 SF

      High Image Flex Space

      Flex space with office and industrial components available for rent.
      11155 S Knott Ave, Cypress, CA 90630
      View Details
    • $1.55 SF/Yr
      13,065 SF

      Cypress Office Space For Rent

      Office space with extensive glassline and private offices available for rent.
      6141 Katella Ave, Cypress, CA 90630
      View Details
    • $2.00 SF/Yr
      2,560 SF

      Freestanding Retail/Office Building Available

      Freestanding 2,560 SF retail or office building for rent.
      9181 Walker St, Cypress, CA 90630
      View Details

    FAQs

    What type of property is this?
    Flex space - Large Flex Space in Cypress, CA
    Where is this flex space located?
    The property is located at 6550 Katella Ave Cypress, CA.
    What are key features of this property?
    This property features: 342,086 SF flex space on 13.93 acres in Cypress, CA (90630).; Single-story building, built in 1981, renovated in 2006.; Features 272,897 SF warehouse/distribution space, 24,539 SF office space, 1,855 SF shipping office, and 5,000 SF warehouse office.
    (310) 363-4943 Call to check price and availability
    Request Owner's contact information
    6550 Katella Ave Cypress, CA 90630
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6550 Katella Ave
    Cypress, CA 90630
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6550 Katella Ave Cypress, CA 90630
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tom Sheets
    Real Estate License ID: 01252183
    (310) 363-4943
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!