Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    High Identity Office Building Title is generated by Realmo AI

    24800 Chrisanta Dr., Mission Viejo, CA 92691

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $749,000

    Office building with expandable parking and planned renovations for sale.

    Type:Office
    Property size:
    32,701 SF
    Price / SF:
    $22/SF
    Added:
    Nov 26, 2025
    Days on Market:
    176
    Last Refresh:
    Apr 5 at 9:15 pm

    Property Features for 24800 Chrisanta Dr.

    General Information

    Standard status
    Active
    Size
    32,701 SF
    Property subtype
    Office

    Building Details

    Year Built
    1974

    We can help!

    Listing Contact
    David Bolt
    David Bolt

    Listing agent David Bolt License #CalDRE #01169899

    Listing office Lee & Associates - Newport Beach

    Listing date Nov 26, 2025

    Source Lee-associates

    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 - Newport Beach

    HighLights

    • High identity building with monument signage.
    • Expandable parking.
    • Planned restroom, entrance, lobby, and elevator renovations.
    • Beautifully landscaped open area courtyard with water feature.
    • Walking distance to food, lobby and auto services.
    • Just 1/2 mile from the 405 Freeway.

    Overview

    The property at 24800 S. Chrisanta Dr. is a high identity building featuring monument signage. The 32,701-square-foot building includes expandable parking. Planned renovations include the restroom, entrance, lobby, and elevator. The property also features a landscaped open area courtyard with a water feature, extensive glassline, and an on-site picnic area. The building has a dramatic entrance and lobby area with an open staircase, multiple executive, management, and staff offices, and conference and training rooms. It is located within walking distance of food, lobby, and auto services and is approximately 0.5 miles from the 405 Freeway.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission Viejo
    County
    Orange
    State
    California
    Longitude
    -117.673
    Latitude
    33.6024

    Nearby Similar for Sale

    • $2,398,750
      5,050 SF

      Single Story Office Building

      5,050 SF office building with concrete tilt-up construction.
      26047 Acero, Mission Viejo, CA, 92691
      View Details
    • $3,400,000
      2,000 SF

      Retail Space Available For Sale

      Retail space for sale in Mission Viejo, CA.
      23156 Los Alisos Blvd, Mission Viejo, CA 92691
      View Details
    • $4,400,000
      5,100 SF

      Retail Property in Mission Viejo

      Retail property with 5,100 square feet available for sale.
      27672 Crown Valley Pkwy, Mission Viejo, CA 92691
      View Details
    • $1,495,000
      1,099 SF

      Income-Producing Home with ADU

      Two independent living spaces with resort-style pool and lake access.
      26521 Via Gorrion, Mission Viejo, CA 92691
      View Details
    • $3,995,000
      4,014 SF

      Move-in Ready Office Space

      Second floor office space available immediately with exam rooms.
      333 Corporate Dr, Mission Viejo, CA
      View Details
    • $29,700,000
      46,244 SF

      Retail Property in Mission Viejo

      Retail property available for sale in Mission Viejo, California.
      28321 Marguerite Pkwy, Mission Viejo, CA 92691
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with expandable parking and planned renovations for sale.
    Where is this office building located?
    The property is located at 24800 Chrisanta Dr. Mission Viejo, CA.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: High identity building with monument signage.; Expandable parking.; Planned restroom, entrance, lobby, and elevator renovations.
    (949) 724-4715
    We can help!
    Listing Contact
    David Bolt
    David Bolt
    Real Estate License ID: CalDRE #01169899
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    24800 Chrisanta Dr., Mission Viejo, CA 92691
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!