Property profile

500 Porter Way Placentia, CA 92870

OFF-MARKET
Warehouses
Property ID
US09-2914131
14,299 SF 0.86 ac lot Built 1983
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This ±14,367 square foot freestanding warehouse in Placentia, California, presents a compelling opportunity for businesses seeking a strategic location and ample space. Situated on a ±0.85-acre lot within a thriving business park, this single-tenant property offers significant advantages. Built in 1983, the warehouse boasts an impressive 18-foot ceiling height, facilitating efficient storage and operations. Two dock-high doors ensure seamless loading and unloading, complemented by a grade-level door for added convenience. The property includes approximately 1,700 square feet of office space, designed to optimize workflow and productivity. Power is provided by a 400-amp service. The building is equipped with a comprehensive fire-sprinkler system, prioritizing safety and security. Its strategic location near the intersection of the 91 and 57 Freeways provides exceptional access to major transportation arteries, connecting businesses to key destinations throughout Southern California. This property is located in Orange County, CA, with the full address being 500 Porter Way, Placentia, CA 92870. The entire building is currently vacant, offering immediate occupancy for the new tenant.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Total area 14,299 SF
Lot 0.86 ac (37,281 SF)
APN 339-081-27
UPID US09-2914131

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods
  • Industrial Manufacturer Metal Fabrication Plant

Location

500 Porter Way Placentia, CA 92870-6400
Placentia metro Census 11722 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.18M

Owner & transaction history

since 2014
3 recorded transactions
2020
Price N/A
2014
$2.0M
1997
$819,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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