285 Berry StBrea, CA 92821

  • Industrial properties
  • 5,670 SF
For Sale

Property Details for 285 Berry St

Year built
1914
Lot size
2.11 AC
Property size (Sq ft)
5,670 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
296-101-08
APU
29610108

Description

This exceptional Class A industrial warehouse, located at 285 S Berry St, Brea, CA 92821, offers 124,678 square feet of space in a single building on a 6.4-acre lot. Built in 2024, this property boasts impressive features including a 32-foot ceiling height, 17 dock-high doors, and two loading docks. The building is equipped with ESFR sprinklers and features oversized truck courts and fully secured yards. Currently 100% leased to a single tenant, Flexfit, LLC, through January 2032, this investment provides stable, long-term cash flow with a 4% annual escalation. Situated in the highly desirable North Orange County submarket, this property benefits from easy freeway access to SR-57, SR-91, and SR-60. The North Orange County industrial market is exceptionally strong, with only 2.0% vacancy and limited new supply. This presents a rare opportunity to acquire a brand-new, state-of-the-art cross-dock warehouse in a prime location. The property's superior specifications and long-term lease make it an attractive investment for discerning buyers. This is a for-sale-by-owner opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,829,337
    Hospitality
    $1,675,663
    Educational
    $1,394,132
    Medical
    $1,442,078
    Retail
    $2,168,649
285 Berry St, Brea, California

Location Insight

City
Brea
County
Orange
State
California
Latitude
33.9183
Longitude
-117.908
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
2023
$73,783
$6,776,977
-
$6,776,977
-
-
-
-

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