Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14122 Brookhurst St Garden Grove, CA 92843
    Back to Search
    Property profile & analytics

    14122 Brookhurst St Garden Grove, CA 92843

    View on Map
    • Retail properties & Spaces
    • 41,358 SF
    • 2.33 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Allegro Institute of Music / Vocational School / Training Center
    • Van's Restaurant / Restaurant

    Property Details for 14122 Brookhurst St

    Year built
    1981
    Lot size
    2.33 lot acres
    Property size
    41,358 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This two-story, 41,358 square foot office building, situated at 14122 Brookhurst St, Garden Grove, CA 92843, presents a compelling investment opportunity. Built in 1981, the property sits on a 2.33-acre lot (APN: 099-173-55, 56 & 57) and is zoned C-1. The building features 34 total suites, with 13,857 square feet currently vacant. Individual suites range from a minimum of 890 square feet to a maximum contiguous space of 1,831 square feet, offering flexibility for various business needs. The property boasts 162 parking spaces and enjoys a prime location on Brookhurst Street, a major thoroughfare in Little Saigon with over 50,000 vehicles passing daily. Its convenient access to the 22 and 405 freeways provides excellent connectivity to Huntington Beach and the Anaheim Disneyland Resort area. This traditional office building offers high visibility and accessibility, making it an ideal location for businesses seeking a prominent presence in a thriving commercial district. The cross street is 15th Street.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -117.954
    Latitude
    33.7575

    Comparable in this City

    • Value Estimation
      $20,600,000
      190,025 SF

      13861 Brookhurst St

      DEPARTMENT STORE • 190,025 SF
      13861 Brookhurst St, Garden Grove, CA 92843-3130
      View Details
    • Value Estimation by Request
      41,358 SF

      14122 Brookhurst St

      Lifestyle centers • 41,358 SF
      14122 Brookhurst St, Garden Grove, CA 92843
      View Details
    • Value Estimation by Request
      186,209 SF

      13831 Brookhurst St

      Retail properties & Spaces • 186,209 SF
      13831 Brookhurst St, Garden Grove, CA 92843
      View Details
    • Value Estimation by Request
      960 SF

      13352 Euclid St

      NURSERY, GREENHOUSE, FLORIST • 960 SF
      13352 Euclid St, Garden Grove, CA 92843-2514
      View Details
    • Value Estimation by Request

      13252 Gdn Grv Blvd Ste, Unit 112

      CONDOMINIUM OFFICES
      13252 Gdn Grv Blvd Ste, Garden Grove, CA 92843-2270
      View Details
    • Value Estimation by Request

      13252 Gdn Grv Blvd Ste, Unit 207

      CONDOMINIUM OFFICES
      13252 Gdn Grv Blvd Ste, Garden Grove, CA 92843-2271
      View Details

    Similar Nearby for Sale

    • $2,888,888
      10,542 SF

      LENDER OWNED Industrial/Showroom/Office/Flex

      LENDER OWNED Industrial/Showroom/Office/Flex
      13902 HARBOR BLVD., 2A, 2B & 2C, Garden Grove, CA 92843
      View Details
    • $2,888,888

      Harbor Blvd Industrial/Warehouse/Showroom Space

      Industrial/warehouse/showroom space on a major commercial thoroughfare.
      13902 2B & 2C, Garden Grove, CA 92843
      View Details
    • Contact for pricing

      Garden Grove Office Suites For Sale

      Move-in ready office suites with abundant natural light and easy access.
      11556-11590 Trask Ave, Garden Grove, CA 92843
      View Details
    • $1,655,000

      Harbor Blvd Commercial Suite

      First-floor suite in Harbor Commer Center with high visibility.
      13902 Harbor Blvd, Garden Grove, CA 92843
      View Details
    • $7,500,000

      Garden Grove Freestanding Office Building

      Turn-key investment opportunity with long-term tenants and stable cash flow.
      12372 Garden Grove Blvd, Garden Grove, CA 92843
      View Details
    • Contact for pricing
      16,600 SF

      Garden Grove Warehouse/Office Opportunity

      16,600 SF Office/Warehouse on 0.83 Acre Lot.
      13902 West St, Garden Grove, CA 92843
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Building with Office Suites

      Retail, industrial, and office spaces available near the 22 freeway.
      11590 Trask Ave, Garden Grove, CA 92843
      View Details
    • Contact for pricing
      1,761 SF

      Medical Office Space Available

      Medical office space featuring reception, exam rooms, and lab.
      12665 Garden Grove Blvd, Garden Grove, CA 92843
      View Details
    • $3,000 /Mo

      Modern Office Space For Rent

      Upgraded office space with modern finishes, ideal for professional services.
      11224 Garden Grove Blvd, Garden Grove, CA 92843
      View Details
    • $1.75 SF/Yr

      Retail Space in Garden Grove

      Retail property available for lease in Garden Grove, CA.
      13011-13133 Harbor Blvd, Garden Grove, CA 92843
      View Details
    • $3 SF/Yr

      Retail Space in Little Saigon

      Retail property in a prime Garden Grove location.
      10921-10965 Westminster Ave, Garden Grove, CA 92843
      View Details
    Request Owner's contact information
    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.
    14122 Brookhurst St
    Garden Grove, CA 92843
    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
    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

    Thank You for Inquiry
    14122 Brookhurst St, Garden Grove, CA, 92843
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!