Office Condominium with Solar
For Sale
$1,950,000
26246 Enterprise Court, Lake Forest, CA 92630
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 Market108
Property Features for 26246 Enterprise Court
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Office
Zoning
M1
Additional Details
Highway Access
Yes
Amenities
solar panel system
tinted windows
Building Details
Building Size
4,000 SF
Year Built
2005
Listing Agency:
Lee & Associates - Irvine
Listed By:
Dale Camera · License #CalDRE #01313921
(949) 337-2546
Source:
Lee-associates
Added: Jul 8
Changed: Oct 15
Last Checked: Oct 20 at 7:25PM
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 - Irvine
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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
Estimated NOI and Cap Rate
NOI / Yr
$78,659
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,573,180
$1.6M
Cap Rate 7%
$1,123,700
$1.1M
Cap Rate 9%
$873,989
$874.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$119.5K $29.88/SF
− Vacancy
−$14.6K −$3.66/SF
EGI
$104.9K $26.22/SF
− OpEx
−$26.2K −$6.55/SF
NOI
$78.7K $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%
$1,573,180
Cap Rate 7%
$1,123,700
Cap Rate 9%
$873,989
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 authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 92630, CA
66,359
Population
24,390
Households
2.7
Avg Household Size
40
Median Age
47%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
6,320
Density / Sq Mi
$119,984
Median Household Income
$57,277
Median Earnings
$2,614
Median Rent
$858,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Move-in-ready office condominium built in 2005 with owned solar panel equipment and energy-efficient tinted windows.
Where is this office unit 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
