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Building C Office Unit

23151 Alcalde Dr Bldg C, Laguna Hills, CA 92653

For Sale
Contact for pricing

Office space in the building is available for purchase.

Property Size942 SF
Price / SF$595.54
Days on Market53

Property Features for 23151 Alcalde Dr Bldg C

General Information

Standard status Active
Size 942 SF
Property subtype OFFICE
Listing Agency: CBRE
Listed By: Jeff Carr · License CA #01009600
Source: Moodyscre
Added: Sep 23 Changed: Nov 2 Last Checked: Nov 12 at 8:20AM

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

Rey
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Investment Insights

Based on property information with market context.

A 942-square-foot office unit is offered for sale in Building C at 23151 Alcalde Dr, Laguna Hills, California.

Key Highlights

  • 942 square feet of office space
  • Located at 23151 Alcalde Dr, Building C, Laguna Hills, CA 92653

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,524
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,480 $370.5K
Cap Rate 7%
$264,629 $264.6K
Cap Rate 9%
$205,822 $205.8K
Market Conditions
NOI Build-Up for 942 SF
Gross rent
$28.1K $29.88/SF
− Vacancy
−$3.4K −$3.66/SF
EGI
$24.7K $26.22/SF
− OpEx
−$6.2K −$6.55/SF
NOI
$18.5K $19.66/SF
Area
Orange County, CA
Vacancy
12.25%
Lease Rate
$29.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,480
Cap Rate 7%
$264,629
Cap Rate 9%
$205,822

Alternative Uses

Best Use
Office B
$264.6K
$231.6K – $308.7K (±1% cap)
NOI $18,524 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.4K
$276.9K – $369.1K (±1% cap)
NOI $22,148 @ 7.0% cap · market cap 3.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Bar & Pub (Bike/Boat/Book/etc) Store Pet Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,619
Businesses Nearby

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

Average Price Trend$/SF for Office Units in Orange County, CA

$362 Jul
$259 Aug
$399 Sep
$346 Oct

Properties on Market for Office Units in Orange County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office space in the building is available for purchase.
Where is this office unit 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 $561,000.
What are key features of this property?
This property features: 942 square feet of office space; Located at 23151 Alcalde Dr, Building C, Laguna Hills, CA 92653
(949) 725-8631 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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