Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    607 Blvd Anaheim, CA 92805

    • Office Properties & Spaces
    • 2,078 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 607 Blvd

    Year built
    1939
    Lot size
    0.13 lot acres
    Property size
    2,078 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional 2,078 square foot commercial property, situated on a 0.13-acre lot at 607 Boulevard in Anaheim, California, presents a rare investment opportunity. Built in 1939, the building retains its original architectural charm while offering modern functionality. Its prime location on a bustling corridor near The Colony ensures high visibility and accessibility. The property is uniquely zoned for both residential and commercial use, providing significant flexibility. Currently configured as two separate suites, each with its own entrance, the property is ideal for multiple tenants or a diverse business operation. Five convenient parking spaces are available via rear alley access, including a designated handicapped space and ramp for direct building entry. The property's versatility extends to the possibility of conversion back to a residential duplex, catering to a wide range of investment strategies. This presents a compelling opportunity for investors seeking strong income potential or owner-occupiers looking to combine residential comfort with business convenience. This is a chance to own a piece of Anaheim Boulevard's rich history and capitalize on its vibrant community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anaheim
    County
    Orange
    State
    California
    Longitude
    -117.906
    Latitude
    33.8267

    Comparable in this City

    • Value Estimation by Request
      448 SF

      1535 Orangewood Ave, Unit B205

      CONDOMINIUM OFFICES • 448 SF
      1535 Orangewood Ave, Anaheim, CA 92805-6824
      View Details
    • Value Estimation by Request
      448 SF

      1535 Orangewood Ave, Unit B204

      CONDOMINIUM OFFICES • 448 SF
      1535 Orangewood Ave, Anaheim, CA 92805-6824
      View Details
    • Value Estimation by Request
      865 SF

      1535 Orangewood Ave, Unit B107

      CONDOMINIUM OFFICES • 865 SF
      1535 Orangewood Ave, Anaheim, CA 92805-6824
      View Details
    • Value Estimation by Request

      1801 Katella Ave Ste, Unit 1009

      CONDOMINIUM OFFICES
      1801 Katella Ave Ste, Anaheim, CA 92805-6629
      View Details
    • Value Estimation by Request
      951 SF

      1535 Orangewood Ave, Unit B113

      CONDOMINIUM OFFICES • 951 SF
      1535 Orangewood Ave, Anaheim, CA 92805-6824
      View Details
    • Value Estimation by Request
      945 SF

      1535 Orangewood Ave, Unit B213

      CONDOMINIUM OFFICES • 945 SF
      1535 Orangewood Ave, Anaheim, CA 92805-6824
      View Details

    Similar Nearby for Sale

    • $826,025
      1,739 SF

      Anaheim Office/Medical Space For Sale

      Office or medical space available for purchase in Anaheim, CA.
      611 S Harbor Blvd, Anaheim, CA 92805
      View Details
    • $1,150,000
      2,385 SF

      Anaheim Medical Building For Sale

      2,385 SF medical building in the heart of Anaheim.
      415 North State College Blvd, Anaheim, CA 92805
      View Details
    • $1,298,000
      2,660 SF

      Anaheim Commercial Property with Warehouse

      Two-story office and warehouse with fenced yard in Anaheim.
      611 E Adele St, Anaheim, CA 92805
      View Details
    • $1,046,500
      3,200 SF

      Anaheim Office/Medical Space For Sale

      Office or medical space available for purchase in Anaheim, CA.
      617 S Harbor Blvd, Anaheim, CA 92805
      View Details
    • $1,754,025
      5,397 SF

      Anaheim Office/Medical Space For Sale

      Office or medical space available for purchase in Anaheim, CA.
      601-607 S Harbor Blvd, Anaheim, CA 92805
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Iconic High-Rise Office Building

      Ten-story office building with recent renovations and on-site amenities.
      222 S Hbr Blvd Anaheim, Anaheim, CA 92805
      View Details
    • $1.25 SF/Yr
      990 SF

      Anaheim Office Space For Rent

      990 square feet of office space available for rent.
      451 W Lincoln Ave, Anaheim, CA 92805
      View Details
    • $1.83 SF/Yr
      1,300 SF

      Anaheim Office Space For Rent

      Ground floor office space available for rent in Anaheim.
      1020 S Anaheim Blvd, Anaheim, CA 92805
      View Details
    • $1.25 SF/Yr
      9,500 SF

      Anaheim Office Space Available

      Office space for rent in Anaheim, California.
      401 W Lincoln Ave, Anaheim, CA 92805
      View Details
    • $1.55 SF/Yr
      2,100 SF

      Anaheim Office Suite For Lease

      Second floor office suite available for lease in Anaheim, CA.
      101 Lincoln Ave, Anaheim, CA 92805
      View Details
    • $1.89 SF/Yr
      2,980 SF

      Anaheim Office Space For Lease

      Elevator-served office suite available for lease in Anaheim, CA.
      20-96 S Anaheim Blvd, Anaheim, CA 92805
      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.
    607 Blvd
    Anaheim, CA 92805
    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

    Google sign-in failed. Please try again or use another login method.