Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1124 Bristol St Costa Mesa, CA 92626

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Freestanding office building in Costa Mesa, CA. Excellent visibility.

    Property size:
    13,103 SF
    Lot size:
    33,846.00 Acres

    Property Features for 1124 Bristol St

    General Information

    Standard status
    Active
    Zoning
    C1, Costa Mesa
    Size
    13,103 SF
    Lot size
    33,846.00 Acres

    Building Details

    Year built
    2003

    We can help!

    Listing Contact
    Stephen Margaretis
    Source: Crexi

    Listing Agency: Tidemark Real Estate Listing Agent: Stephen Margaretis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Freestanding Office Building For Sale

    The property at 1124 Bristol Street, Costa Mesa, California 92626 is a freestanding, institutional-quality, two-story office building. The building totals approximately 13,103 square feet and is situated on a 33,977 square foot parcel. The property is strategically positioned along Bristol Street, offering visibility and accessibility. The location is near John Wayne Airport and adjacent to retail and dining destinations including South Coast Plaza, The LAB Anti-Mall, and The Camp. A new seven-year lease was executed in January 2026 with Alpha Cubed Investments (ACI), which was recently acquired by CAPTRUST Financial Advisors. CAPTRUST Financial Advisors is an independent, employee-owned investment firm founded in 1997 and headquartered in Raleigh, North Carolina, with approximately $220 billion in assets under management.
    Location Intelligence

    Current Use by Public Records

    Humphrey's & Partners Architects Architect

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Costa Mesa
    County
    Orange
    State
    California
    Longitude
    -117.8867252
    Latitude
    33.6698376

    Nearby Similar for Sale

    • $119,000

      Ding Tea Business Opportunity

      Turnkey boba shop in high-traffic Costa Mesa plaza.
      2706 Harbor Blvd, Costa Mesa, CA 92626
      View Details
    • $1,699,000
      3,150 SF

      Costa Mesa Triplex Investment Opportunity

      Income-generating triplex in a desirable Costa Mesa location.
      664 Center St, Costa Mesa, CA 92627
      View Details
    • $2,250,000
      2,693 SF

      Eastside Costa Mesa Triplex Opportunity

      Triplex in Eastside Costa Mesa with three separate living units.
      375 E 21St St, Costa Mesa, CA 92627
      View Details
    • $1,499,000
      1,680 SF

      Costa Mesa Duplex Opportunity

      Desirable Westside location, spacious units, strong rental potential.
      2171 Pomona Ave, Costa Mesa, CA 92627
      View Details
    • $1,550,000
      2,490 SF

      Costa Mesa Triplex For Sale

      Income-producing triplex in central Costa Mesa with month-to-month leases.
      2214 Rutgers Dr, Costa Mesa, CA 92627
      View Details
    • $9,999,000

      Costa Mesa Industrial Buildings Opportunity

      Three industrial buildings suitable for mixed-use development or owner-user.
      116 E 16Th St, Costa Mesa, CA 92627
      View Details
    • $15,000,000

      Costa Mesa Medical/Surgical Building

      Two-story medical/surgical building in Costa Mesa with recent high-end renovations.
      720 Paularino Ave, Costa Mesa, CA 92626
      View Details
    • $3,442,000

      Retail Center on Major Thoroughfare

      Fully occupied retail center on a high-traffic street.
      621 W 19Th St, Costa Mesa, CA 92627
      View Details
    • $2,899,000

      Commercial Building in Costa Mesa

      Two-story commercial building suitable for retail or office use.
      2165 Harbor Blvd, Costa Mesa, CA 92627
      View Details
    • $2,991,450
      2,442 SF

      Retail Building on Harbor Boulevard

      Retail building for sale in Costa Mesa, California.
      1990 Harbor Blvd, Costa Mesa, CA 92627
      View Details
    • $2,899,000

      Costa Mesa Commercial Retail/Office

      Located in commercial area with high visibility and parking.
      2165 Harbor Blvd, Costa Mesa, CA 92627
      View Details
    • $2,250,000

      Eastside Costa Mesa Family Compound

      Three legal units on a large lot near Newport Beach.
      375 E 21St St, Costa Mesa, CA 92627
      View Details

    FAQs

    What type of property is this?
    Office building - Freestanding office building in Costa Mesa, CA. Excellent visibility.
    Where is this office building located?
    The property is located at 1124 Bristol St Costa Mesa, CA.
    What are key features of this property?
    This property features: - New seven-year lease executed in January 2026 with Alpha Cubed Investments (ACI), recently acquired by CAPTRUST Financial Advisors, managing approximately $220 billion in assets.; - Freestanding, institutional-quality office building totaling approximately 13,103 square feet.; - Strategically positioned along prominent Bristol Street frontage, offering excellent visibility and accessibility.
    Request Owner's contact information
    1124 Bristol St Costa Mesa, CA 92626
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1124 Bristol St
    Costa Mesa, CA 92626
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1124 Bristol St Costa Mesa, CA 92626
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Stephen Margaretis
    Real Estate License ID: 02112014
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!