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    23201 Lake Center Dr Lake Forest, CA 92630

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    For Lease
    $2 SF/Yr ($4,821 /Mo)

    Three-story office building with freeway frontage and upgraded common areas.

    Property size:
    26,297 SF
    Lot size:
    26,297 SF

    Property Features for 23201 Lake Center Dr

    General Information

    Size
    26,297 SF

    Building Details

    Year built
    1988

    Source: Matt Fryer Agent Matt Fryer

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

    Overview

    Freeway Frontage Office Building

    This is a three-story office building served by an elevator, offering freeway frontage and potential building signage. The property features upgraded common areas and provides convenient access to both the 5 and 405 Freeways. Located in South Orange County, the building is surrounded by numerous amenities. The property is suitable for office use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Forest
    County
    Orange
    State
    California
    Longitude
    -117.7165876
    Latitude
    33.6252067

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    FAQs

    What type of property is this?
    Office building - Three-story office building with freeway frontage and upgraded common areas.
    Where is this office building located?
    The property is located at 23201 Lake Center Dr Lake Forest, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Prime South Orange County location; - Excellent 5 and 405 Freeway access; - Freeway frontage with building signage available
    (949) 278-9300
    Request Owner's contact information
    23201 Lake Center Dr Lake Forest, CA 92630
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    Lake Forest, CA 92630
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    Realmo Value Estimation

    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.

    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.

    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
    23201 Lake Center Dr Lake Forest, CA 92630
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