Multi-Tenant Flex
For Sale
Contact for pricing
23151 Alcalde Dr Bldg C, Laguna Hills, CA 92653
Single-story configuration includes office area that can be tailored to the occupant.
Property Size1,481 SF
Price / SF$604.32
Days on Market40
Property Features for 23151 Alcalde Dr Bldg C
General Information
Standard status
Active
Size
1,481 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
1
Building Details
Buildings
1
Stories
1
Tenancy
Multi-Tenant
Listing Agency:
CBRE
(949) 725-8500
Listed By:
Jeff Carr · License #CA 01009600
(949) 725-8631
Source:
Moodyscre
Added: Sep 23
Changed: Oct 26
Last Checked: Oct 30 at 6:26PM
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 CBRE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-tenant flex space offers 1,481 square feet in a single-story layout. The building has 14-foot clear height and one grade-level door, with office area to suit. A new roof and HVAC are among the property’s improvements.
Located at 23151 Alcalde Dr, Building C, in Laguna Hills, the property is part of Mosaic Business Center.
Located at 23151 Alcalde Dr, Building C, in Laguna Hills, the property is part of Mosaic Business Center.
Key Highlights
- 1,481 square feet of flex space
- 14‑foot clear height
- One grade‑level door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,946
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,920
$538.9K
Cap Rate 7%
$384,943
$384.9K
Cap Rate 9%
$299,400
$299.4K
Market Conditions
NOI Build-Up for 1,481 SF
Gross rent
$49.2K $33.24/SF
− Vacancy
−$7.8K −$5.25/SF
EGI
$41.5K $27.99/SF
− OpEx
−$14.5K −$9.80/SF
NOI
$26.9K $18.19/SF
Area
Orange County, CA
Vacancy
15.79%
Lease Rate
$33.24 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,920
Cap Rate 7%
$384,943
Cap Rate 9%
$299,400
Alternative Uses
Best Use
Flex RnD
$384.9K
$336.8K – $449.1K
NOI $26,946 @ 7.0% cap · market cap 3.01%
Second Best
Industrial
$247.2K
$216.3K – $288.5K
NOI $17,307 @ 7.0% cap · market cap 1.93%
Theoretical Best
Office A
$497.4K
$435.3K – $580.4K
NOI $34,821 @ 7.0% cap · market cap 3.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Multi-Tenant-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,619
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92653, CA
30,077
Population
11,420
Households
2.6
Avg Household Size
44
Median Age
53%
College-Educated
94%
High-School Grad
6.9 sq mi
ZIP Area
4,359
Density / Sq Mi
$128,623
Median Household Income
$67,145
Median Earnings
$2,637
Median Rent
$978,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
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- Alonti Catering Kitchen — 23024 Lake Forest Dr suite h, Laguna Hills, CA 92653
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Frequently Asked Questions
What type of property is this?
Flex space - Single-story configuration includes office area that can be tailored to the occupant.
Where is this flex space located?
The property is located at 23151 Alcalde Dr Bldg C Laguna Hills, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 1,481 square feet of flex space; 14‑foot clear height; One grade‑level door
