Office Condominium with Solar
26246 Enterprise Court Lake Forest, CA 92630
For Sale
$1,950,000
Move-in-ready office condominium built in 2005 with owned solar panel equipment and energy-efficient tinted windows.
Property Size4,000 SF
Price / SF$487.50
Days on Market17
Property Features for 26246 Enterprise Court
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing Agency:
Lee & Associates
(949) 337-2546
Listed By:
Dale Camera · License #CalDRE #01313921
(949) 337-2546
Source:
Lee-associates
Added: Jul 8
Changed: Jul 23
Last Checked: Jul 23 at 6:19PM
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
Investment Insights
Based on property information with market context.
Located in the Lake Forest submarket of Orange County, this move-in-ready office condominium at 26246 Enterprise Court was built in 2005 and is offered with an owned solar panel system. The property includes 108 SunPower-230 SPRW solar modules and three SunPower SPR-6000m PV inverters, along with tinted windows designed for energy efficiency.
The site provides easy access to the 405, 5, and 241 freeways, and it is just minutes from the Baker Ranch community. Zoning is listed as M1, and association dues are $793.10 per month.
The site provides easy access to the 405, 5, and 241 freeways, and it is just minutes from the Baker Ranch community. Zoning is listed as M1, and association dues are $793.10 per month.
Key Highlights
- ±4,000 SF office condominium built in 2005
- Owned solar panel system with 108 SunPower‑230 SPRW modules and 3 SunPower SPR‑6000m PV inverters
- Tinted windows for energy efficiency
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.5k | $29.88 |
| − Vacancy | −$14.6k | −$3.66 |
| EGI | $104.9k | $26.22 |
| − OpEx | −$26.2k | −$6.55 |
| NOI | $78.7k | $19.66 |
4,000 SF · lease $29.88/SF/yr · vacancy 12.25% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.12M
$983.2K – $1.31M
NOI $78,659 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,046 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Move-in-ready office condominium built in 2005 with owned solar panel equipment and energy-efficient tinted windows.
Where is this office units located?
The property is located at 26246 Enterprise Court Lake Forest, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: ±4,000 SF office condominium built in 2005; Owned solar panel system with 108 SunPower‑230 SPRW modules and 3 SunPower SPR‑6000m PV inverters; Tinted windows for energy efficiency
