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Bldg K 151 Kalmus Dr 5,227 SF Vacant Flex Building Costa Mesa, CA 92626 $2,600,000 ($497.42/SF) 3.21% Cap Rate
INVESTMENT HIGHLIGHTS
- Recently upgraded with new paint, flooring, and HVAC
- Loft office addition not included in reported square footage
- Prime Costa Mesa location near major freeways and airport
- Includes six private offices, conference room, and bonus space
- Ideal for medical, wellness, creative, or professional use
- Strong market fundamentals with 3.97% market CAP rate
EXECUTIVE SUMMARY
Excellent opportunity for business owners and investors alike. Versatile office/warehouse property currently operating as a wellness center. Thoughtfully built-out with six private offices, a conference room, two bathrooms, kitchen, laundry area, plus a bonus space offering flexibility for a variety of needs. The combination of office build-out and warehouse space makes this property ideal for professional services, medical/wellness, creative uses, or a wide range of other business operations. Ample functionality, adaptable layout, and excellent potential for owner-users or investors looking for a property that can support multiple business models. Recent updates includes all new paint and flooring, brand new HVAC, and build out a loft office not included in the square footage.
PROPERTY FACTS Under Contract
| Price | $2,600,000 | Lot Size | 0.12 AC |
| Price Per SF | $497.42 | Rentable Building Area | 5,227 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 3.21% | Year Built/Renovated | 1981/1990 |
| Property Type | Flex | Parking Ratio | 1.95/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 14’ |
| Building Class | B | Parcel Number | 427-352-03 |
| Zoning | PDI - Planned Development Industrial | ||
| Price | $2,600,000 |
| Price Per SF | $497.42 |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.21% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 0.12 AC |
| Rentable Building Area | 5,227 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1981/1990 |
| Parking Ratio | 1.95/1,000 SF |
| Clear Ceiling Height | 14’ |
| Zoning | PDI - Planned Development Industrial |
| Parcel Number | 427-352-03 |
AMENITIES
- Property Manager on Site
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Matthew P Hoyt
Bldg K | 151 Kalmus Dr
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