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    3070 Bristol St Costa Mesa, CA 92626

    Sponsored
    For Lease
    $50,536

    Commercial Lease - Costa Mesa, CA

    Property size:
    17,131 SF
    Days on Market:
    232
    Last Refresh:
    Jan 20 at 4:06 am

    Property Features for 3070 Bristol St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    41807109
    Size
    17,131 SF

    Building Details

    Year built
    1986
    Architectural style
    Other

    We can help!

    Listing Contact
    Cameron Cox

    MGR Real Estate, Inc. 9009-579-1351 [email protected]

    Listing agent Cameron Cox 90095791351 License #02132903

    Listing date Jun 3, 2025

    MLS# CV25123894 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Costa Mesa Office Space Available

    This 17,131 square foot office space is located in Costa Mesa, CA. The space features a double door entry, elevator lobby identity, 17 offices, a dedicated reception area, and a large open area. It is contiguous to 450. The property is part of a new office concept inspired by the local arts community. An office and conference center with outdoor access is available, along with an outdoor lounge and courtyard. The property also features BLK Dot Coffee on-site. Signage opportunities are available throughout the campus. Additional features include parking in the covered garage adjacent to the property, an on-site fitness center, car detail service, food trucks, and a farmer’s market. The property is centrally located in Costa Mesa's Sobeca neighborhood, within walking distance to restaurants, retailers, art and music venues including The Camp and The Lab, the Anti-Mall featuring indoor/outdoor hangouts and entertainment. Local breweries like Salty Bear, Green Cheek Gunwhale Ales, and Bootleggers Brewery are also within a 10-minute walk, and Fireside Tavern is directly across Bristol Street. South Coast Plaza is two minutes north of the property. John Wayne Airport is less than three miles to the east, and the campus is directly off of the 405 freeway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Teruo Yamamoto DDS Dentist Enterprise Guardian Inc. Computer Security Service Luscombe Engineering Electronics Engineer Uyesugi Kevin DDS Dentist Promedica International Pharmaceutical Company

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Costa Mesa
    County
    Orange
    State
    California
    Longitude
    -117.884443
    Latitude
    33.6846322

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    FAQs

    What type of property is this?
    Office space - 17,131 SF office space for lease in Costa Mesa.
    Where is this office space located?
    The property is located at 3070 Bristol St Costa Mesa, CA.
    What are key features of this property?
    This property features: - 17,131 SF office space featuring 17 offices, a dedicated reception area, and a large open area.; - Prime location in Costa Mesa's Sobeca neighborhood, walk to restaurants, retailers, art, and music venues.; - Convenient access to John Wayne Airport (less than 3 miles) and the 405 freeway.
    (900) 957-9135
    Request Owner's contact information
    3070 Bristol St Costa Mesa, CA 92626
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    Costa Mesa, CA 92626
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3070 Bristol St Costa Mesa, CA 92626
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    We can help!
    Listing Contact
    Cameron Cox
    Real Estate License ID: 02132903
    (900) 957-9135
    Learn more
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