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Corner Flex Space with Office
For Sale
$2,750,000

30394 Esperanza, Rancho Santa Margarita, CA 92688

Combines warehouse functionality with a dedicated office component.

Property Size5,490 SF
Price / SF$500.91
Days on Market47

Property Features for 30394 Esperanza

General Information

Standard status Active
Size 5,490 SF
Property subtype Industrial

Building Details

Building Size 5,490 SF
Listing Agency: Remax Signature Services
Listed By: Michael Taylor · License #01917215
Source: Elliman
Added: Sep 6 Changed: Oct 7 Last Checked: Oct 20 at 9:16PM

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 Remax Signature Services

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Investment Insights

Based on property information with market context.

This 5,490 SF flex space at 30394 Esperanza combines warehouse area with an office component in a corner-unit configuration. A 17' roll-up door supports movement between the building and the warehouse area, while the office portion provides dedicated workspace within the same unit.

The property is located in Rancho Santa Margarita, California, with a bike score of 67, categorized as Bikeable, and a walk score of 62, categorized as Somewhat Walkable. The unit’s combination of industrial functionality and office space supports a range of commercial operating needs within one property.

Key Highlights

  • 5,490 SF flex unit with office component
  • 17' roll‑up door
  • Corner‑unit configuration

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$107,960
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,159,200 $2.2M
Cap Rate 7%
$1,542,286 $1.5M
Cap Rate 9%
$1,199,556 $1.2M
Market Conditions
NOI Build-Up for 5,490 SF
Gross rent
$164.0K $29.88/SF
− Vacancy
−$20.1K −$3.66/SF
EGI
$143.9K $26.22/SF
− OpEx
−$36.0K −$6.55/SF
NOI
$108.0K $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%
$2,159,200
Cap Rate 7%
$1,542,286
Cap Rate 9%
$1,199,556

Alternative Uses

Best Use
Office B
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,960 @ 7.0% cap · market cap 3.93%
Second Best
Flex RnD
$1.43M
$1.25M – $1.66M (±1% cap)
NOI $99,887 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $129,079 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Hotel & Motel Storage Facility Parking Lot & Garage Furniture & Home Goods Grocery & Convenience Store Garden Center

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

2,238
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92688, CA

44,688
Population
16,388
Households
2.7
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
13.2 sq mi
ZIP Area
3,385
Density / Sq Mi
$142,015
Median Household Income
$72,020
Median Earnings
$2,508
Median Rent
$857,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Similar Off Market Nearby

  • HORBOX LLC — 22751 El Prado Building #1, Rancho Santa Margarita, CA 92688

Frequently Asked Questions

What type of property is this?
Flex space - Combines warehouse functionality with a dedicated office component.
Where is this flex space located?
The property is located at 30394 Esperanza Rancho Santa Margarita, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 5,490 SF flex unit with office component; 17' roll‑up door; Corner‑unit configuration
More about this property
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