Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5255 Katella Avenue Cypress, CA 90720 Cypress, CA 90720
    Back to Search
    Property profile & analytics

    5255 Katella Avenue Cypress, CA 90720 Cypress, CA 90720

    View on Map
    • Residential offices
    For Lease
    View Listing →
    5255 Katella Avenue For Lease
    Contact for pricing

    5255 Katella Avenue

    2 Story Medical Office Building

    5255 Katella Avenue Cypress, CA 90720, Cypress, CA 90720
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential offices

    Property Details for 5255 Katella Avenue Cypress, CA 90720

    Year built
    2024
    Property type
    Residential offices
    Property subtype
    Medical Office Space

    Description

    Building Class A - 2 Story Medical Office Building Building Size ±31,585 SF Zoning Planned Business Park (PBP) Year Built 2024 Parking 5/1,000 SF free surface Cypress is a charming city located in Orange County, California, with a population of around 50,000 residents. Known for its small-town feel and community-oriented atmosphere, Cypress offers a unique blend of suburban living and easy access to urban amenities. The city is home to several parks, trails, and recreational facilities, making it an ideal place for families and outdoor enthusiasts. Local Attractions near 5255 Katella Avenue The area around 5255 Katella Avenue in Cypress is a bustling hub of activity, with several local attractions and amenities nearby. The Cypress College campus is within walking distance, offering a range of academic programs and community events. Additionally, the Cypress Shopping Center and other retail destinations are just a short drive away, providing access to shopping, dining, and entertainment options. The city’s central location also makes it easy to explore nearby attractions in Los Angeles and Long Beach.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    State
    California
    Longitude
    -118.054
    Latitude
    33.8031

    Comparable in this City

    • Value Estimation by Request
      20,000 SF

      10443 Los Alamitos Blvd

      Life science properties • 20,000 SF
      10443 Los Alamitos Blvd, Los Alamitos, CA 90720
      View Details
    • Value Estimation by Request
      60,296 SF

      4230 Katella Ave

      Medical Office Space • 60,296 SF
      4230 Katella Ave, Los Alamitos, CA 90720
      View Details
    • Value Estimation
      $1,925,000
      11,052 SF

      11110 Los Alamitos Blvd

      STORE/OFFICE (MIXED USE) • 11,052 SF
      11110 Los Alamitos Blvd, Los Alamitos, CA 90720-3602
      View Details
    • Value Estimation
      $1,575,000
      10,616 SF

      11142 Los Alamitos Blvd

      STORE/OFFICE (MIXED USE) • 10,616 SF
      11142 Los Alamitos Blvd, Los Alamitos, CA 90720-3649
      View Details
    • Value Estimation
      $2,190,000
      10,334 SF

      10582 Los Alamitos Blvd

      STORE/OFFICE (MIXED USE) • 10,334 SF
      10582 Los Alamitos Blvd, Los Alamitos, CA 90720-2114
      View Details
    • Value Estimation
      $2,240,000
      15,341 SF

      11182 Los Alamitos Blvd

      STORE/OFFICE (MIXED USE) • 15,341 SF
      11182 Los Alamitos Blvd, Los Alamitos, CA 90720-3621
      View Details

    Similar Nearby for Sale

    • $2,859,500
      6,020 SF

      Los Alamitos Flex/Industrial Property

      6,020 SF flex/industrial property in Los Alamitos, CA.
      10602 Humbolt St, Los Alamitos, CA 90720
      View Details
    • $2,475,000
      5,500 SF

      Los Alamitos Industrial Condo

      Industrial condo featuring two grade-level doors and food preparation capabilities.
      10752 Noel St, Los Alamitos, CA 90720
      View Details
    • $2,350,000

      Los Alamitos Multifamily Investment Opportunity

      Five-unit residential property in a desirable Los Alamitos location.
      3671 Farquhar Ave, Los Alamitos, CA 90720
      View Details
    • New
      $1,700,000
      3,039 SF

      Los Alamitos Triplex with Garages

      Multi-family 3-unit property in desirable Los Alamitos.
      10921 Walnut St, Los Alamitos, CA 90720
      View Details
    • $1,700,000

      Los Alamitos Multifamily Investment Opportunity

      Three-unit property with rental upside in Los Alamitos, California.
      10861 Walnut St, Los Alamitos, CA 90720
      View Details
    • $1,870,000
      2,548 SF

      Los Alamitos Triplex with Upgrades

      Well-maintained triplex in Los Alamitos with ADU potential.
      4411 Farquhar Ave, Los Alamitos, CA 90720
      View Details

    Similar Nearby for Lease

    • $750 /Mo
      23,869 SF

      Los Alamitos Office Space Available

      Office space for lease in Los Alamitos, California.
      5030 Katella Ave, Los Alamitos, CA 90720
      View Details
    • $1,050 /Mo
      390 SF

      Los Alamitos Office Space Available

      Commercial office space for lease in Los Alamitos, California.
      3535 Farquhar Ave, Los Alamitos, CA 90720
      View Details
    • $1.85 SF/Yr
      1,758 SF

      Los Alamitos Multi-Tenant Building

      Multi-tenant building with office space and major street frontage.
      5480 Katella Ave, Los Alamitos, CA 90720
      View Details
    • $1,300 /Mo

      Los Alamitos Office Spaces Available

      Office spaces available in Los Alamitos, California.
      5030 Katella Ave, Los Alamitos, CA 90720
      View Details
    • $5,400 /Mo

      Office Space with Contractor Yard

      Office space with yard and storage in Los Alamitos.
      4652 Katella Ave, Los Alamitos, CA 90720
      View Details
    • Contact for pricing

      Retail Space Near Los Alamitos

      Retail and office spaces for rent near key locations.
      4230 Katella Ave, Los Alamitos, CA 90720
      View Details
    View Listing
    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.
    5255 Katella Avenue Cypress, CA 90720
    Cypress, CA 90720
    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
    5255 Katella Avenue Cypress, CA 90720, Cypress, CA, 90720
    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!