Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1 Spectrum Pointe Dr Lake Forest, CA 92630

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A Office, Warehouse, R&D Suites

    Lot size:
    75,000 SF

    Property Features for 1 Spectrum Pointe Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    75,000 SF
    Class
    A

    Spaces For Lease

    at 1 Spectrum Pointe Dr, Lake Forest, CA 92630 Contact us

    We can help!

    Listing Contact
    Ellyssa Derry

    Listing Agency: Olen Properties Listing Agent: Ellyssa Derry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    One Spectrum Pointe, located at 1 Spectrum Pointe Dr, Lake Forest, CA 92630, offers a diverse range of premium office, industrial, and R&D spaces. This Class A property boasts a total of 75,000 square feet, with 45,520 square feet currently available. Units range from a minimum of 1,597 square feet to a maximum contiguous space of 9,641 square feet, providing flexibility for businesses of various sizes. The building features long window lines, maximizing natural light, and is situated within a beautifully landscaped complex, offering tenants ample parking and access to green spaces and walkways. Its prime location in Lake Forest, near the Irvine Spectrum Center, provides excellent accessibility and a desirable business environment. The property is ideal for companies seeking versatile, high-quality space in a thriving Orange County location. Multiple tenancy options are available, making it suitable for a variety of business needs. The building's design and amenities cater to both executive office and industrial/R&D requirements, offering a unique blend of functionality and aesthetics. This exceptional property presents a rare opportunity to secure space in a sought-after business park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Forest
    County
    Orange
    State
    California
    Longitude
    -117.6921592
    Latitude
    33.6613817

    Nearby Similar for Lease

    • $19 SF/Yr
      21,936 SF

      Foothill Business Park Warehouse Space

      Lake Forest Industrial Space: 2,638 SF Available
      26429 Rancho Pkwy, Lake Forest, CA 92630
      View Details
    • $22 SF/Yr
      306,428 SF

      Lake Forest Flex Space Available

      Modern Office, Warehouse & R&D Suites
      9-27 Capital Dr, Lake Forest, CA 92630
      View Details
    • $3 SF/Yr
      9,390 SF

      Versatile Space in South Orange

      Adaptable space suitable for office, medical, or retail use.
      23731 El Toro Rd, Lake Forest, CA 92630
      View Details
    • Contact for pricing
      100,012 SF

      Lake Forest Office Buildings ForRent

      Two-story office buildings in Lake Forest with ample parking.
      26210-26220 Enterprise Ct, Lake Forest, CA 92630
      View Details
    • Contact for pricing
      60,146 SF

      Lake Forest Warehouse Space Available

      Industrial building with easy access to major freeways and retail.
      25662-25692 Atlantic Ocean Dr, Lake Forest, CA 92630
      View Details
    • $1.75 SF/Yr
      8,178 SF

      Industrial Condo with Office Space

      Industrial condo featuring office space and natural light.
      26792 Vista Ter, Lake Forest, CA 92630
      View Details
    • Contact for pricing
      4,835 SF

      Lake Forest Warehouse Sublease Available

      Multi-tenant warehouse unit with office space for sublease.
      20512 Crescent Bay Dr, Lake Forest, CA 92630
      View Details
    • $1.85 SF/Yr
      28,417 SF

      Industrial Space with Toll Road Access

      Industrial property for lease with convenient highway access.
      20321 Lake Forest Dr, Lake Forest, CA 92630
      View Details
    • Contact for pricing
      25,560 SF

      Lake Forest Warehouse Space Available

      Warehouse space with easy freeway access, sublease through 2027.
      25671-25731 Commercentre Dr, Lake Forest, CA 92630
      View Details
    • Contact for pricing

      Retail Space in Strip Center

      Multi-tenant strip center with diverse co-tenants and surrounding businesses.
      23591 Rockfield Blvd, Lake Forest, CA 92630
      View Details
    • Contact for pricing
      1,856 SF

      Lake Forest Flex Space Available

      Flex space available in a multi-tenant building.
      20988 Bake Pkwy, Lake Forest, CA 92630
      View Details
    • Contact for pricing
      2,162 SF

      Distribution Space Available For Sublease

      Distribution property available for sublease through April 30, 2026.
      13 Orch Rd, Lake Forest, CA
      View Details

    FAQs

    What type of property is this?
    Life science property - Class A Office, Warehouse, R&D Suites
    Where is this life science property located?
    The property is located at 1 Spectrum Pointe Dr Lake Forest, CA.
    What are key features of this property?
    This property features: 2.5 miles to Foothill Towne Center; Proximity to Irvine Spectrum Center; Easy access to I-5 Santa Ana Freeway
    (949) 719-7204
    Request Owner's contact information
    1 Spectrum Pointe Dr Lake Forest, CA 92630
    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.
    1 Spectrum Pointe Dr
    Lake Forest, CA 92630
    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
    1 Spectrum Pointe Dr Lake Forest, CA 92630
    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

    We can help!
    Listing Contact
    Ellyssa Derry
    (949) 719-7204 (949) 644-6536
    Learn more
    Google sign-in failed. Please try again or use another login method.