Mixed-Use Property on El Camino
For Sale
$1,399,999
2011 El Camino Real, San Clemente, CA 92672
Flexible commercial building suitable for medical, retail, and office uses.
Property Size2,000 SF
Price / SF$699
Days on Market141
Property Features for 2011 El Camino Real
General Information
Standard status
Active
Size
2,000 SF
Property subtype
General Commercial
Amenities
3
6 Parking Spaces. Carport.
Rectangular
Rectangular.
Building Details
Year Built
1980
Listing Agency:
CENTURY 21 Affiliated
(949) 492-5413
Listed By:
Casey Wootan · License #01964434
Source:
Xome
Added: Apr 6
Changed: Aug 23
Last Checked: Aug 24 at 4:42AM
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 CENTURY 21 Affiliated
Investment Insights
Based on property information with market context.
This mixed-use commercial property is a three-story Spanish-style building suitable for medical, retail, and office uses. Located along S. El Camino Real, it features on-site parking and views of the ocean. The property offers access to the I-5 freeway and nearby beaches. It has operated as both a single-tenant and a multi-tenant building. Interior access to most suites is available via a central stairwell, while Unit D has a dedicated ground-level entrance. The property is suitable for owner-users seeking to occupy all or part of the building, as well as investors looking to generate income through leasing. It is located in Southeast San Clemente along the S. El Camino Real corridor. The property has a bike score of 45, indicating it is somewhat bikeable, and a walk score of 64, indicating it is somewhat walkable.
Key Highlights
- Flexible mixed‑use commercial property suitable for medical, retail, and office uses.
- Prime location on S. El Camino Real with convenient access to I‑5 freeway and nearby beaches.
- Ample on‑site parking.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,441
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$908,820
$908.8K
Cap Rate 7%
$649,157
$649.2K
Cap Rate 9%
$504,900
$504.9K
Market Conditions
NOI Build-Up for 2,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$67.2K $33.60/SF
− Vacancy
−$2.3K −$1.14/SF
EGI
$64.9K $32.46/SF
− OpEx
−$19.5K −$9.74/SF
NOI
$45.4K $22.72/SF
Area
Orange County, CA
Vacancy
3.40%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$908,820
Cap Rate 7%
$649,157
Cap Rate 9%
$504,900
Alternative Uses
Best Use
Retail
$649.2K
$568.0K – $757.4K
NOI $45,441 @ 7.0% cap · market cap 3.25%
Second Best
Office B
$561.9K
$491.6K – $655.5K
NOI $39,330 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$671.8K
$587.8K – $783.7K
NOI $47,023 @ 7.0% cap · market cap 3.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Explore this area
Business Placement
Demographics for 92672, CA
41,067
Population
17,487
Households
2.3
Avg Household Size
37
Median Age
48%
College-Educated
93%
High-School Grad
35.6 sq mi
ZIP Area
1,154
Density / Sq Mi
$109,991
Median Household Income
$54,874
Median Earnings
$2,370
Median Rent
$1,240,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial building suitable for medical, retail, and office uses.
Where is this mixed-use property located?
The property is located at 2011 El Camino Real San Clemente, CA.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: Flexible mixed‑use commercial property suitable for medical, retail, and office uses.; Prime location on S. El Camino Real with convenient access to I‑5 freeway and nearby beaches.; Ample on‑site parking.
