Entity Owned 
For Sale
1 / 4
$4,200,000
5542 Buckingham Dr, Huntington Beach, CA 92649
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Property summary
AI-generated overview
This exceptional Huntington Beach industrial property at 5542 Buckingham Dr, 92649 offers a rare opportunity to lease flexible, high-quality space. The building, totaling 13,058 square feet, is a two-story structure with a desirable flex/warehouse configuration. Currently, there are 11,400 square feet immediately available, divisible into units ranging from a minimum of 5,400 square feet to a maximum contiguous space of 6,000 square feet. The property boasts a generous 15-foot ceiling height, providing ample vertical space for various uses. Convenient access is ensured with two drive-in doors, and ample parking is available with 26 spaces. The building is equipped with robust power, featuring 1,000 amps (120/208v). Located in Orange County, California, this property benefits from a strategic location in Huntington Beach, offering easy access to major transportation arteries and a thriving business community. The multiple tenancy structure allows for flexibility and potential for collaboration with other businesses. This is an ideal space for businesses seeking a functional and well-appointed industrial or flex space in a prime location. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1982
Total area
12,276 SF
Lot
0.46 ac (20,045 SF)
APN
145-542-24
UPID
US09-1517147
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
-
Art Gallery
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.20M
CAP Approach
CAP
$2.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.92M
Owner & transaction history
since 2023
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Office building
$5.3M
+37.9%
Apartment house (5+ units)
$5.2M
+36.5%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 9 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.92M
Value range
$2.62M – $3.21M
±10% around blend
Estimated value / SF
$237 / SF
Confidence
High
9 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
90
Income certainty
100
$2.62M
blend $2.92M
$3.21M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,276 SF
Lot area
0.46 ac
Year built
1982
Stories
2
APN
145-542-24
Assessed value
$3,700,000
Annual tax
$42,348
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.44M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.65M
@ 6.5% CAP return
$2.44M
@ 7% CAP return
$2.27M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$42,348
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$5.50M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.6 mi away · 11,150 SF
7.8 mi away · 15,714 SF
8.7 mi away · 12,357 SF
9.0 mi away · 14,101 SF
9.0 mi away · 13,884 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.92M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 31 sales
$311
-24%
Submarket 67 sales
$331
-28%
County 1023 sales
$323
-26%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $237/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+38%
vs current-use indication
Apartment House (5+ Units)
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
5.40%
Selected cap rate for this industrial properties
Derived from the Huntington Beach market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.40%
9.0%
NOI (est.)
$213k *
Last sale · Oct 2023
$3.70M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.94M
Move the market yield to see immediate price impact.
Value / SF
$321
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.90%5.40%5.90%
$192k
$3.91M
$3.55M
$3.25M
$213k
$4.34M
$3.94M
$3.61M
$234k
$4.78M
$4.34M
$3.97M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$3.61M
3.5 mi · Sep 2025 · $409/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$42,348
Tax year 2024
Assessed value
$3,700,000
Assessed 2024
Previous assessed
$3,700,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$2,800,000
Assessed improvement
$900,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1982
Heating
NONE
Stories
2
Total area
12,276 SF
Lot
0.46 ac (20,045 SF)
APN
145-542-24
UPID
US09-1517147
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
2
Lot
0.46 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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