For Sale
$18,000,000

640 Cypress StOrange, CA 92868

84,037 SF Manufacturing Facility, $18M

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • 84,037-square-foot industrial building on a 2.74-acre lot in Orange, CA.
  • $18,000,000 asking price, offering a 6.16% cap rate and a pro-forma NOI of $1,260,555.
  • Class C building, single-story, built in 1953, with 14-foot ceilings.
  • Features one loading dock, four ground-level doors, 2,000 square feet of office space, and 2,000 square feet of showroom space.
  • Includes a concrete paved yard, 1,600 amps of 277-480-volt electrical service, and fire sprinklers. Zoned M-2 (Industrial Manufacturing).
  • Currently owner-occupied, but can be delivered vacant at close of escrow. $214.19 per square foot asking price. APN: 386-481-01.

Property Details for 640 Cypress St

Property type
Warehouses, Life science properties
Square Feet
84,037 SF
Class
C
Year Built
1953
Buildings
1
Stories
1
Lot Size (sq. ft)
119,354 SF

Location Insight

City
Orange
County
Orange
State
California
Latitude
33.7978935
Longitude
-117.8568935
640 Cypress St, Orange, California

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640 Cypress St
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