Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5361 Business Dr Huntington Beach, CA 92649-1223
    Back to Search
    Property profile & analytics

    5361 Business Dr, Huntington Beach, CA 92649-1223

    View on Map
    • Warehouses
    • 12,390 SF
    • 0.54 lot acres
    Off-Market
    Property ID
    US09-3093782
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,745,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Western Forge Die / Building Supply / Metal Fabrication Plant

    Property Details for 5361 Business Dr

    Year built
    1976
    Lot size
    0.54 lot acres
    Property type
    Warehouses
    APN
    145-491-05
    APU
    14549105

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 27, 2006 — Jermakian Harold & Kim Trust Jermakian,herair H Quit Claim Deed · related —
    Dec 11, 2003 — Herair H Jermakian Jermakian,kohar Quit Claim Deed · related $690k · East West Bank
    Dec 11, 2003 $690,000 Herair H Jermakian Konyallian,razmig Y Grant Deed —
    Mar 11, 1988 $600,000 Tarpin Propertie G&k P Grant Deed $500k · Homefed Bank
    — — Tarpin Properties — Deed Of Trust · related $550k · Peoples Bank & Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Beach
    County
    Orange
    State
    California
    Longitude
    -118.035
    Latitude
    33.7396
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,597
    $787,326
    $791,608
    $1,578,934
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,900,000
      19,800 SF

      5262 Oceanus Dr

      WAREHOUSE, STORAGE
      5262 Oceanus Dr, Huntington Beach, CA 92649-1029
      View Details
    • Value Estimation
      $2,055,000
      13,300 SF

      15582 Chemical Ln

      WAREHOUSE, STORAGE
      15582 Chemical Ln, Huntington Beach, CA 92649-1505
      View Details
    • Value Estimation
      $1,630,000
      9,858 SF

      5382 Commercial Dr

      WAREHOUSE, STORAGE
      5382 Commercial Dr, Huntington Beach, CA 92649-1252
      View Details
    • Value Estimation
      $2,590,000
      22,800 SF

      5142 Argosy Ave

      WAREHOUSE, STORAGE
      5142 Argosy Ave, Huntington Beach, CA 92649-1067
      View Details
    • Value Estimation
      $3,185,000
      24,165 SF

      5882 Machine Dr

      WAREHOUSE, STORAGE
      5882 Machine Dr, Huntington Beach, CA 92649-1145
      View Details
    • Value Estimation
      $1,735,000
      10,360 SF

      15912 Manufacture Ln

      WAREHOUSE, STORAGE
      15912 Manufacture Ln, Huntington Beach, CA 92649-1546
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,970 SF

      Free Standing Warehouse Building

      Gated yard, new concrete paving, minutes from freeways.
      15591 Container Ln, Huntington Beach, CA 92649
      View Details
    • Contact for pricing
      5,128 SF

      Freestanding Building with Refurbished Office

      5,128 SF freestanding building with refurbished office space.
      5642 Buckingham Dr, Huntington Beach, CA 92649
      View Details
    • Contact for pricing
      36,354 SF

      Huntington Beach Warehouse Opportunity

      36,354 square foot warehouse available in Huntington Beach, CA.
      5421 Argosy Ave, Huntington Beach, CA 92649
      View Details
    • $4,648,000

      Industrial Property in Huntington Beach

      Industrial property for sale in Huntington Beach, California.
      15672 Chemical Ln, Huntington Beach, CA 92649
      View Details
    • Contact for pricing
      10,836 SF

      Huntington Beach Industrial Space

      10,836 SqFt industrial property available for sale.
      15672 Chemical Ln, Huntington Beach, CA 92649
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Huntington Beach Industrial Space

      Single tenant industrial space available for lease in Huntington Beach.
      15642 Producer Ln, Huntington Beach, CA 92649
      View Details
    • Contact for pricing
      1,749 SF

      Office with Warehouse and Yard

      Ground floor office with warehouse, roll-up doors, and fenced yard.
      5500 Bolsa Ave, Huntington Beach, CA 92649
      View Details
    • $1.35 SF/Yr

      Industrial Building with Renovated Office

      Industrial building with renovated office space and fenced yard.
      5412 Mcfadden Ave, Huntington Beach, CA 92649
      View Details
    • Contact for pricing
      6,000 SF

      Huntington Beach Warehouse Space

      6,000 sqft warehouse available for lease in Huntington Beach.
      15422 Electronic Ln, Huntington Beach, CA 92649
      View Details
    • Contact for pricing

      Freestanding Industrial Building in Huntington

      5,128 SF freestanding building with refurbished office space.
      5642 Buckingham Dr, Huntington Beach, CA 92649
      View Details
    • Contact for pricing
      2,623 SF

      Huntington Beach Warehouse Sublease Opportunity

      Available warehouse space in a prime Huntington Beach location.
      5482 Business Dr, Huntington Beach, CA 92649
      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.
    5361 Business Dr
    Huntington Beach, CA 92649-1223
    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
    5361 Business Dr, Huntington Beach, CA, 92649
    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!