640 N Cypress St, Orange, CA 92868 Orange, CA 92868
Property profile & analytics
640 N Cypress St, Orange, CA 92868, Orange, CA 92868
- Flex space
- 6,959 SF
- 2.71 lot acres
Property ID
US09-0632698
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.
Location Intelligence
Current Use by Public Records
- Sign-Mart / (Bike/Boat/Book/etc) Store / Printing Service
Property Details for 640 N Cypress St, Orange, CA 92868
- Year built
- 1953
- Lot size
- 2.71 lot acres
- Property type
- Flex space
- APN
- 386-481-01
- APU
- 38648101
Description
This 84,037-square-foot industrial manufacturing building in Orange, CA, is situated on a 2.74-acre lot and offers a compelling investment opportunity. Priced at $18,000,000, it boasts a 6.16% cap rate and a pro-forma NOI of $1,260,555. Built in 1953, the single-story Class C building features 14-foot ceilings, one loading dock, and four ground-level doors. The property includes approximately 2,000 square feet of office space and 2,000 square feet of showroom area, along with a concrete paved yard. Electrical service is approximately 1,600 amps at 277-480 volts. The building is zoned M-2 (Industrial Manufacturing) and has fire sprinklers. Currently owner-occupied, the property can be delivered vacant at the close of escrow. The building is ideally suited for various manufacturing uses, including sewing and auto body repair. The asking price per square foot is $214.19. The property's assessed parcel number is 386-481-01. This is a single-tenant, NNN lease property.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,280,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,470,000
- 6.5%
- $1,360,000
- 7%
- $1,260,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $747,000
Market price range: $256k - $748k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Orange
- County
- Orange
- State
- California
- Longitude
- -117.857
- Latitude
- 33.798
- 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
$148,229
$11,439,348
$2,085,852
$13,525,200
-
$0.00
$0.00
$0.00
