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    24432 Muirlands Blvd Lake Forest, CA 92630

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    For Sale
    Contact for pricing

    Prime Medical Office Space for Sale

    Property size:
    1,223 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story medical office building, located at 24432 Muirlands Blvd, Lake Forest, CA 92630, offers a variety of suite sizes ranging from 1,223 to 5,459 square feet, priced at $625 per square foot. Built in 1984, the property features 55 surface parking spaces, providing a generous 4.93:1,000 parking ratio. Individual suites boast in-suite restrooms and excellent natural light thanks to a great window line. Currently undergoing renovations, both interior and exterior common areas will be updated. The property enjoys a highly desirable location in Orange County, with close proximity to Memorial Care Hospital, retail amenities, and residential areas. Convenient access to the 5 Freeway ensures easy commutes. Association dues are $0.62 per square foot per month. Several suite combinations are available for purchase, including Suite 221 (2,148 sq ft, $1,342,500), Suite 223 (1,223 sq ft, $764,375), Suite 227 (2,088 sq ft, $1,305,000), and various combinations totaling 3,371 sq ft, 3,311 sq ft, and 5,459 sq ft, with corresponding prices. This professionally managed building presents a compelling investment opportunity in a thriving medical market.

    Property Features for 24432 Muirlands Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    1,223 SF

    Building Details

    Year Built
    1984
    Stories
    2

    HighLights

    • Move‑in ready medical suites, 1,223 SF - 5,459 SF.
    • Suite 221: 2,148 SF, $1,342,500.
    • Suite 223: 1,223 SF, $764,375.
    • Suite 227: 2,088 SF, $1,305,000.
    • Suites 221 & 223 combined: 3,371 SF, $2,106,875.
    • Suites 223 & 227 combined: 3,311 SF, $2,069,375.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Forest
    County
    Orange
    State
    California
    Longitude
    -117.7036124
    Latitude
    33.6269709

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space for Sale
    Where is this medical office located?
    The property is located at 24432 Muirlands Blvd Lake Forest, CA.
    What are key features of this property?
    This property features: Move-in ready medical suites, 1,223 SF - 5,459 SF.; Suite 221: 2,148 SF, $1,342,500.; Suite 223: 1,223 SF, $764,375.
    Request Owner's contact information
    24432 Muirlands Blvd Lake Forest, CA 92630
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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
    24432 Muirlands Blvd Lake Forest, CA 92630
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