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Freestanding Heavy Industrial Warehouse

981 N Parker St Orange, CA 92867

981 N Parker St, Orange, CA, 92867
Contact for pricing
For Sale
Contact for pricing

Freestanding warehouse with two ground-level doors, plus a private fenced and paved yard on heavy industrial-zoned land.

Property Size17,206 SF
Lot Size0.40 Acres
Price / SF$174.36
Days on Market128

Property Features for 981 N Parker St

General Information

Standard status
Active
Size
17,206 SF
Lot size
0.40 Acres
Property subtype
LAND
Listing agency Daum Commercial
Listed by John Hastings · License ##02049508
Source Moodyscre
Added: Mar 16 Updated: Jul 21 at 3:48PM Checked: Jul 21 at 3:48PM

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 Daum Commercial


Investment Insights

Based on property information with market context.

This freestanding warehouse and contractor storage yard offering includes a 3,700 SF warehouse on 0.4 acres of land. The property is set up with two ground-level doors for straightforward loading and unloading, and it features a private fenced and paved yard to support equipment and material storage.

Zoned M2 for heavy industrial use, the site is designed for businesses that need dedicated on-site space rather than shared yard areas. The property’s warehouse-plus-yard configuration supports flexible operations within the heavy industrial framework.

Overall, it presents a self-contained industrial setup with direct access to the warehouse bays and an enclosed exterior area for storage needs.

Key Highlights

  • Freestanding warehouse on M2 zoning heavy industrial land
  • 3,700 SF warehouse on 0.4 AC of land
  • Two ground‑level doors for warehouse access

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $334.5k $19.44
− Vacancy −$16.7k −$0.97
EGI $317.8k $18.47
− OpEx −$47.7k −$2.77
NOI $270.1k $15.70
17,206 SF · lease $19.44/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$3.86M
$3.38M – $4.50M (±1% cap)
NOI $270,096 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.22M
$5.44M – $7.26M (±1% cap)
NOI $435,425 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Restaurant Dental Office Pharmacy Real Estate Agency Hotel & Motel Grocery & Convenience Store Hair Salon Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Anthony's Moving & Storage — 1136 W Collins Ave, Orange, CA 92867
  • Portable Storage Rental Pros Orange — 804 W Collins Ave #51, Orange, CA 92867
  • Public Storage — 623 W Collins Ave, Orange, CA 92867
  • Public Storage — 601 N Main St, Orange, CA 92868
  • My Self Storage Space Company — 1002 w collins ave, orange, ca 92867

FAQs

What type of property is this?
Warehouse - Freestanding warehouse with two ground-level doors, plus a private fenced and paved yard on heavy industrial-zoned land.
Where is this warehouse located?
The property is located at 981 N Parker St Orange, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Freestanding warehouse on M2 zoning heavy industrial land; 3,700 SF warehouse on 0.4 AC of land; Two ground‑level doors for warehouse access
Contact an agent
(760) 703-2212 Call to check price and availability
More about this property
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