Flex Space with Ground-Level
For Sale
Contact for pricing
2 Rancho Cir, Lake Forest, CA 92630
Sprinklered commercial building with office accommodations, warehouse clearance, and dedicated loading access.
Property Size8,563 SF
Days on Market53
Property Features for 2 Rancho Cir
General Information
Standard status
Active
Size
8,563 SF
Property subtype
Industrial
Lease Term
NN
Warehouse & Industrial
Clear Height
24 ft
Office Build-Out
4,000 SF
Drive-In Doors
2
Power
400 amps
Voltage
408 V
Sprinkler System
Yes
Building Details
Building Size
8,563 SF
Parking Ratio
3 per 1,000 SF
Properties For Sale
at 2 Rancho Cir
2 Rancho Circle
Size
8,563 SF
Type
Manufacturing
Term
Negotiable
Listing Agency:
Lee & Associates - Orange
Listed By:
Bryan Miller · License #CalDRE #00937396
(714) 606-3513
Source:
Lee-associates
Added: Aug 28
Changed: Oct 13
Last Checked: Oct 19 at 3:39AM
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 - Orange
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Investment Insights
Based on property information with market context.
This flex property contains 8,563 SF with approximately 4,000 SF configured as office space. The building offers 24-foot clear height, two ground-level doors, sprinkler protection, and 400-amp electrical service. Parking is identified at a 3:1,000 ratio.
Located at 2 Rancho Cir in Lake Forest, California, the property combines office capacity with warehouse-oriented features suited to a range of commercial operations. The reported electrical specification also includes 277/408 volts, subject to confirmation.
Located at 2 Rancho Cir in Lake Forest, California, the property combines office capacity with warehouse-oriented features suited to a range of commercial operations. The reported electrical specification also includes 277/408 volts, subject to confirmation.
Key Highlights
- 8,563 SF flex property at 2 Rancho Cir, Lake Forest, CA 92630
- Approximately 4,000 SF of office space
- 24' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,068
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,001,360
$2.0M
Cap Rate 7%
$1,429,543
$1.4M
Cap Rate 9%
$1,111,867
$1.1M
Market Conditions
NOI Build-Up for 8,563 SF
Gross rent
$152.1K $17.76/SF
− Vacancy
−$9.1K −$1.07/SF
EGI
$143.0K $16.69/SF
− OpEx
−$42.9K −$5.01/SF
NOI
$100.1K $11.69/SF
Area
Orange County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,001,360
Cap Rate 7%
$1,429,543
Cap Rate 9%
$1,111,867
Alternative Uses
Best Use
Office B
$2.41M
$2.10M – $2.81M
NOI $168,389 @ 7.0% cap · market cap 10,205,393.94%
Second Best
Flex RnD
$2.23M
$1.95M – $2.60M
NOI $155,799 @ 7.0% cap · market cap 9,442,363.64%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,330 @ 7.0% cap · market cap 12,201,818.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
24 ft
Clear height
2
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,564
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92630, CA
66,359
Population
24,390
Households
2.7
Avg Household Size
40
Median Age
47%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
6,320
Density / Sq Mi
$119,984
Median Household Income
$57,277
Median Earnings
$2,614
Median Rent
$858,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Epaa! Empanadas — 25722 Commercentre Dr, Lake Forest, CA 92630
- Angels Touch — 20702 Lake Forest Dr, Lake Forest, CA 92630
Frequently Asked Questions
What type of property is this?
Flex space - Sprinklered commercial building with office accommodations, warehouse clearance, and dedicated loading access.
Where is this flex space located?
The property is located at 2 Rancho Cir Lake Forest, CA.
What are key features of this property?
This property features: 8,563 SF flex property at 2 Rancho Cir, Lake Forest, CA 92630; Approximately 4,000 SF of office space; 24' clear height
