Building Details

Building Size 7,238 SF

Year Built 1976

Listing Agency: Lee & Associates - Newport Beach

Listed By: Tim Walker · License #CalDRE #01218076 Show Phone

Source: Lee-associates

Added: Nov 26, 2025 Changed: Oct 1 Last Checked: Oct 12 at 5:27PM

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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 commercial building, located in Capistrano Beach, California, is available for sale. The property offers surface parking and street parking. The building has a size of 7238 square feet.

Key Highlights

• Commercial building for sale
• Offers both surface and street parking
• Year Built: 1976

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$142,334

Cap Rate

3.23%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,846,680 $2.8M

Cap Rate 7%

$2,033,343 $2.0M

Cap Rate 9%

$1,581,489 $1.6M

Market Conditions

NOI Build-Up for 7,238 SF

Gross rent

$216.3K $29.88/SF

− Vacancy

−$26.5K −$3.66/SF

EGI

$189.8K $26.22/SF

− OpEx

−$47.4K −$6.55/SF

NOI

$142.3K $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%

$2,846,680

Cap Rate 7%

$2,033,343

Cap Rate 9%

$1,581,489

Alternative Uses

Best Use

Office B

$2.03M

$1.78M – $2.37M (±1% cap)

NOI $142,334 @ 7.0% cap · market cap 3.23%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.43M

$2.13M – $2.84M (±1% cap)

NOI $170,177 @ 7.0% cap · market cap 3.87%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Farmers Insurance - David ... Insurance Agency Liberty Mutual Insurance Agency The Salt and Sauna Sanctuary Alternative Medicine Practice Pearl Street Studio Hair Salon Haydee's Tax Services, ... Tax Preparation

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Daycare Center (Bike/Boat/Book/etc) Store Garden Center Food Market

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

1,213

Businesses Nearby

Explore this area Business Placement

Demographics for 92624, CA

7,170

Population

3,309

Households

2.2

Avg Household Size

47

Median Age

50%

College-Educated

93%

High-School Grad

1.5 sq mi

ZIP Area

4,780

Density / Sq Mi

$125,377

Median Household Income

$73,479

Median Earnings

$2,786

Median Rent

$1,142,400

Median Home Value

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office building - Commercial building for sale in Capistrano Beach, California.

Where is this office building located?

The property is located at Capistrano Capistrano Beach, CA.

What is the asking price?

The asking price for this property is $4,400,000.

What are key features of this property?

This property features: Commercial building for sale; Offers both surface and street parking; Year Built: 1976