Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    24401 Ridge Route Dr Laguna Hills, CA 92653

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2 SF/Yr ($750 /Mo)

    Retail center located on Ridge Route and Moulton Parkway.

    Property size:
    4,000 SF
    Lot size:
    4,000 SF

    Property Features for 24401 Ridge Route Dr

    General Information

    Size
    4,000 SF

    We can help!

    Listing Contact
    Heather Francine
    Source: Sperrycga

    Listing Agent: Heather Francine

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

    Learn more

    Overview

    Retail Center in Laguna Hills

    This retail center is situated in Laguna Hills, specifically at the corner of Ridge Route and Moulton Parkway. The property spans 4000 square feet and is located adjacent to the DMV.
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Similar Places Nearby

    Moulton Plaza, Spectrum Crossroads, Lakehills Plaza, Lake Forest Gateway Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Laguna Hills
    County
    Orange
    State
    California
    Longitude
    -117.7321359
    Latitude
    33.6216118

    Nearby Similar for Lease

    • Contact for pricing

      High-Visibility Building with Extensive Glass

      High-image building suitable for various professional and retail uses.
      25201 Ln Paz Rd, Laguna Hills, CA 92653
      View Details
    • $22 SF/Yr
      16,323 SF

      Laguna Hills Office Space

      Prime OC location, flexible options.
      23046 Avenida De La Carlota, Laguna Hills, CA 92653
      View Details
    • $16 SF/Yr
      100,774 SF

      Laguna Hills Office & Industrial Space

      Prime Orange County Flex Space Available
      23121-23181 Verdugo Dr, Laguna Hills, CA 92653
      View Details
    • Contact for pricing

      High Visibility Office Space Available

      Freestanding building with extensive glass lines and freeway access.
      25201 Ln Paz Rd, Laguna Hills, CA 92653
      View Details
    • $27 SF/Yr
      25,184 SF

      Laguna Hills Retail Center Investment

      Prime retail space, high-traffic location.
      26921 Moulton Pkwy, Laguna Hills, CA 92656
      View Details
    • $23 SF/Yr
      47,862 SF

      Alicia Office Park: Prime Office Space

      Laguna Hills Office Suites Available Now
      25201 Paseo De Alicia, Laguna Hills, CA 92653
      View Details
    • Contact for pricing
      880 SF

      Laguna Hills Retail Space For Lease

      Prime 880 SF Retail Space in Laguna Hills
      25381 Alicia Pkwy, Laguna Hills, CA 92653
      View Details
    • $21 SF/Yr
      10,292 SF

      Spectrum Summit Plaza: Laguna Hills Office

      Prime Laguna Hills office space available.
      23272 Mill Creek Dr, Laguna Hills, CA 92653
      View Details
    • Contact for pricing
      40,000 SF

      Laguna Hills Medical Office Suites

      Prime medical office space in Laguna Hills.
      24401 Calle De La Louisa, Laguna Hills, CA 92653
      View Details
    • Contact for pricing
      67,760 SF

      Laguna Hills Executive Office Suites

      Prestigious Office Space, 14 Suites Available
      24100 Laguna Hl Mall, Laguna Hills, CA 92653
      View Details
    • $1.80 SF/Yr
      56,096 SF

      Laguna Hills Office Building

      Three-story office buildings in South Orange County with ample parking.
      23272 Mill Creek Dr, Laguna Hills, CA 92653
      View Details
    • Contact for pricing
      10,498 SF

      Laguna Hills Retail Center

      Prime Laguna Hills retail space available
      25351-25461 Alicia Pkwy, Laguna Hills, CA 92653
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail center located on Ridge Route and Moulton Parkway.
    Where is this shopping center located?
    The property is located at 24401 Ridge Route Dr Laguna Hills, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Well-located retail center.; - **Corner location at Ridge Route and Moulton Parkway** for maximum visibility.; - Located in Laguna Hills.
    (714) 299-9829
    Request Owner's contact information
    24401 Ridge Route Dr Laguna Hills, CA 92653
    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.
    24401 Ridge Route Dr
    Laguna Hills, CA 92653
    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
    24401 Ridge Route Dr Laguna Hills, CA 92653
    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
    Heather Francine
    Real Estate License ID: CalDRE #01424225
    (714) 299-9829
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.