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

    30191 Avenida De Las Banderas Rancho Santa Margarita, CA 92688

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.45 SF/Yr $2,881/Mo (calc)

    R&D/flex building in South Orange County business park.

    Type:Industrial
    Property size:
    23,849 SF
    Added:
    Nov 26, 2025
    Days on Market:
    159
    Last Refresh:
    Apr 5 at 9:18 pm

    Property Features for 30191 Avenida De Las Banderas

    General Information

    Standard status
    Active
    Size
    23,849 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1990

    Spaces For Lease

    at 30191 Avenida De Las Banderas Contact us

    We can help!

    Listing Contact
    Guy LaFerrara
    Guy LaFerrara

    Listing agent Guy LaFerrara License #CalDRE #01012355

    Listing office Lee & Associates - Irvine

    Listing date Nov 26, 2025

    Source Lee-associates

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

    All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Irvine

    Overview

    High-Image Flex Building For Rent

    This high-image R&D/flex building is located within a multi-tenant business park. The property features major street signage, lush landscaping, and surface free parking. Situated in a prime South Orange County location, it offers easy access to the 241 Foothill Transportation Corridor and is close to retail amenities. The property has a size of 23849 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • HORBOX LLC — 22751 El Prado Building #1, Rancho Santa Margarita, CA 92688

    Location Insight

    • Map
    • Local Demand
    City
    Rancho Santa Margarita
    County
    Orange
    State
    California
    Longitude
    -117.599
    Latitude
    33.6367

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Koll Center

      30211 Avenida De Las Banderas, Unit 200, Rancho Santa Margarita, CA 92688
      View Details
    • $1.58 SF/Yr

      Industrial Warehouse with Fenced Yard

      Industrial warehouse featuring a fenced yard and major street frontage.
      29720 Avenida de las Banderas, Rancho Santa Margarita, CA 92688
      View Details
    • $2 SF/Yr

      Office Building with Mountain Views

      Two-story office building in South Orange County available for rent.
      22362 Gilberto, Rancho Santa Margarita, CA 92688
      View Details
    • Contact for pricing

      Restaurant Spaces in Rancho Santa Margarita

      Restaurant spaces for lease in Rancho Santa Margarita shopping center.
      31431-31541 Santa Margarita Parkway, Rancho Santa Margarita, CA 92688
      View Details
    • $1.70 SF/Yr

      Rancho Santa Margarita Flex Space

      Flex space with offices, kitchen, fenced yard, and ample power.
      30302 Esperanza, Rancho Santa Margarita, CA 92688
      View Details
    • Contact for pricing

      Rancho Santa Margarita Retail Center

      275,000 SF power center with excellent visibility and access.
      30451-30465 Avenida de las Flores, Rancho Santa Margarita, CA 92688
      View Details
    • $500/Mo

      Freestanding Building with Extensive Glass

      Single-story industrial building with excellent freeway access and retail proximity.
      23142 Arroyo Vista, Rancho Santa Margarita, CA 92688
      View Details
    • Contact for pricing

      Rancho Santa Margarita Retail Center

      Multi-tenant center near 241 Toll Road in Rancho Santa Margarita.
      29821-29941 Aventura, Rancho Santa Margarita, CA, 92688
      View Details
    • $2 SF/Yr

      Medical Office Condo For Rent

      Medical office condo featuring private offices, conference room, and balcony.
      30212 Tomas, Rancho Santa Margarita, CA
      View Details
    • $2 SF/Yr

      Retail Space in South Orange

      Prime South Orange County retail space available for lease.
      29851 Aventura, Rancho Santa Margarita, CA 92688
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Medical office space in Rancho Santa Margarita available for lease.
      29472 Avenida de las Banderas, Rancho Santa Margarita, CA 92688
      View Details
    • $1.55 SF/Yr

      Industrial Building with Gated Yard

      Freestanding industrial building featuring office space and a gated yard.
      30412 Esperanza, Rancho Santa Margarita, CA 92688
      View Details

    FAQs

    What type of property is this?
    Flex space - R&D/flex building in South Orange County business park.
    Where is this flex space located?
    The property is located at 30191 Avenida De Las Banderas Rancho Santa Margarita, CA.
    What is the lease rate?
    The lease rate is $1.45 SF/Yr.
    What are key features of this property?
    This property features: Prime South Orange County location; Easy access to the 241 Foothill Transportation Corridor; High‑image R&D/flex building
    (949) 790-3115
    We can help!
    Listing Contact
    Guy LaFerrara
    Guy LaFerrara
    Real Estate License ID: CalDRE #01012355
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    30191 Avenida De Las Banderas, Rancho Santa Margarita, CA 92688
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!