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

    27981 Greenfield Dr, Unit H Laguna Niguel, CA 92677

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5,200 /Mo

    Built-out restaurant space ready for immediate occupancy.

    Property Features for 27981 Greenfield Dr

    General Information

    Property type
    Commercial
    Standard status
    Active

    We can help!

    Listing Contact
    Ashley Mckinley
    Ashley Mckinley
    Source: Elliman

    Listing Agent: Ashley Mckinley

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

    Learn more

    Overview

    Turnkey Restaurant Space in Laguna Niguel

    This built-out restaurant space, located in Laguna Niguel, presents a turnkey opportunity suitable for various food and beverage concepts. The suite is equipped with a walk-in refrigerator and a modern kitchen build-out. Select appliances are available for purchase, facilitating a swift and efficient move-in. The space was originally completed three years ago and is in like-new condition, featuring updated piping, HVAC, and all mechanical systems. Upgrades have been implemented to ensure compliance with current building and health code requirements. A fully ADA-compliant restroom is included. This space is suitable for operators seeking a well-maintained, code-compliant restaurant in a prime Laguna Niguel location.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Similar Places Nearby

    Amersian, California Cocktail Crew, Monarch Consulting

    Location Insight

    • Map
    • Local Demand
    City
    Laguna Niguel
    County
    Orange
    State
    California
    Longitude
    -117.709
    Latitude
    33.5246

    Nearby Similar for Lease

    • $3 SF/Yr

      Retail/Office Space in Laguna Niguel

      Retail and office spaces available in a neighborhood center.
      31271 Niguel Rd, Laguna Niguel, CA 92677
      View Details
    • Contact for pricing

      Laguna Niguel Three-Story Office Building

      45,000 square foot office building in Ocean Ranch Village.
      32451 Golden Lantern, Laguna Niguel, CA 92677
      View Details
    • Contact for pricing
      3,073 SF

      Laguna Niguel Office Space Available

      Ground floor office space with exterior entrances and ample parking.
      28281 Crown Valley Pkwy, Laguna Niguel, CA 92677
      View Details
    • $2 SF/Yr

      Freestanding Office Building For Lease

      Two-story office building with ample parking and natural light.
      30012 Ivy Glenn Dr, Laguna Niguel, CA 92677
      View Details
    • Contact for pricing

      Laguna Niguel Retail Center Space

      Neighborhood retail center in Laguna Niguel with ample parking.
      30201-30311 Golden Lantern, Laguna Niguel, CA 92677
      View Details
    • $1.80 SF/Yr

      Freestanding Industrial Building with Lab

      12,090 SF industrial building featuring lab and office space.
      27752 El Lazo, Laguna Niguel, CA 92677
      View Details
    • Contact for pricing
      1,855 SF

      Laguna Niguel Healthcare Property

      Healthcare property available for rent in Laguna Niguel, CA.
      25500 Rancho Niguel Rd, Laguna Niguel, CA 92677
      View Details
    • Contact for pricing

      Retail Space in Laguna Niguel

      Retail property with high exposure and convenient access for lease.
      27241-27291 La Paz Rd, Laguna Niguel, CA 92677
      View Details
    • Contact for pricing

      Office and Retail Space Available

      Suites available for lease in South Orange County location.
      23807 Aliso Creek Rd, Laguna Niguel, CA 92677
      View Details
    • Contact for pricing

      Laguna Niguel Retail and Medical

      Retail, restaurant, and medical spaces in South Orange County.
      27000-27470 Alicia Pkwy, Laguna Niguel, CA 92677
      View Details
    • $1.95 SF/Yr
      25,865 SF

      Laguna Niguel Executive Office Suites

      Prime Office Space, Multiple Units Available
      30012 Ivy Glenn Dr, Laguna Niguel, CA 92677
      View Details

    FAQs

    What type of property is this?
    Restaurant - Built-out restaurant space ready for immediate occupancy.
    Where is this restaurant located?
    The property is located at 27981 Greenfield Dr, Unit H Laguna Niguel, CA.
    What is the lease rate?
    The lease rate is $5,200 /Mo.
    What are key features of this property?
    This property features: - Turnkey restaurant space ready for immediate operation.; - Modern kitchen build-out with walk-in refrigerator.; - Like-new condition, completed three years ago with updated systems.
    (949) 689-5208
    Request Owner's contact information
    27981 Greenfield Dr, Unit H Laguna Niguel, CA 92677
    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.
    27981 Greenfield Dr, Unit H
    Laguna Niguel, CA 92677
    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
    27981 Greenfield Dr, Unit H Laguna Niguel, CA 92677
    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
    Ashley Mckinley
    Ashley Mckinley
    Real Estate License ID: 02004612
    (949) 689-5208 (949) 270-0440
    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!