Free Standing Building For
For Sale
Contact for pricing
29 Rancho Cir, Lake Forest, CA
Free standing building with potential to increase warehouse footprint.
Property Size8,563 SF
Lot Size0.15 Acres
Price / SF$495
Days on Market347
Property Features for 29 Rancho Cir
General Information
Standard status
Active
Size
8,563 SF
Lot size
0.15 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates - Newport Beach
(949) 463-8658
Listed By:
Rick Turner · License #01871353
(949) 463-8658
Source:
Moodyscre
Added: Aug 22, 2025
Changed: Jul 6
Last Checked: May 20 at 8:16PM
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
Investment Insights
Based on property information with market context.
This free-standing building offers potential for expanding the existing warehouse footprint. The property features seven private offices, two conference rooms, a reception area, and three restrooms. An oversized ground-level loading door, measuring 12 feet by 14 feet, provides convenient access for deliveries and shipments. Additional amenities include a recording/media room, a private gym with a shower, and an executive conference room with a hidden room. The property's zoning allows for a variety of approved uses.
Key Highlights
- Free standing building
- Potential to increase warehouse footprint
- Oversized ground level loading (12'x14')
Financial Insights For Flex RnD
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 | $284.6k | $33.24 |
| − Vacancy | −$44.9k | −$5.25 |
| EGI | $239.7k | $27.99 |
| − OpEx | −$83.9k | −$9.80 |
| NOI | $155.8k | $18.19 |
8,563 SF · lease $33.24/SF/yr · vacancy 15.79% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.23M
$1.95M – $2.60M
NOI $155,799 @ 7.0% cap · market cap 3.68%
Second Best
Warehouse
$1.88M
$1.64M – $2.19M
NOI $131,377 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,330 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,498
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Orange County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Free standing building with potential to increase warehouse footprint.
Where is this warehouse located?
The property is located at 29 Rancho Cir Lake Forest, CA.
What is the asking price?
The asking price for this property is $4,238,685.
What are key features of this property?
This property features: Free standing building; Potential to increase warehouse footprint; Oversized ground level loading (12'x14')