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    24401 Rdg Rte Dr Laguna Woods, CA 92653

    Sponsored
    For Lease
    $30 SF/Yr

    Laguna Woods retail space, high visibility

    Lot size:
    21,388 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Lakehills Plaza, located at 24401 Ridge Route Drive in Laguna Woods, California (zip code 92653), presents a prime retail investment opportunity. This 21,388 square foot strip center sits on a 2.56-acre lot and offers ample parking with 134 spaces. Currently, there are two available retail spaces, ranging from 1,348 to 1,723 square feet, totaling 3,071 square feet of vacant space. The property boasts an outstanding tenant mix and enjoys a highly visible corner location at the intersection of Ridge Route and Moulton Parkway. Its strategic placement adjacent to the Department of Motor Vehicles ensures consistent high traffic volume. This well-maintained center provides an excellent opportunity for businesses seeking a thriving location in a desirable Laguna Woods community. The property's address is easily accessible and benefits from strong visibility due to its prominent corner location. The existing tenant mix contributes to a vibrant and successful shopping environment. This is an exceptional opportunity to establish or expand your business in a high-traffic area with significant potential for growth.

    Property Features for 24401 Rdg Rte Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,388 SF
    Total Rate
    53470

    Unit(s) available at that property

    Space
    Ste A-104
    Size
    1,723 SF
    Rate per SF
    $30
    Space
    Ste A-103
    Size
    1,348 SF
    Rate per SF
    $30
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Laguna Woods
    County
    Orange
    State
    California
    Longitude
    -117.73210075168
    Latitude
    33.62151457732

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    FAQs

    What type of property is this?
    Neighborhood center - Laguna Woods retail space, high visibility
    Where is this neighborhood center located?
    The property is located at 24401 Rdg Rte Dr Laguna Woods, CA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    Request Owner's contact information
    24401 Rdg Rte Dr Laguna Woods, CA 92653
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    Laguna Woods, CA 92653
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    Realmo Value Estimation

    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.

    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.

    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
    24401 Rdg Rte Dr Laguna Woods, CA 92653
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