Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    971 Calle Amanecer San Clemente, CA 92673

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    971 Calle Amanecer San Clemente, CA 92673

    View on Map
    • Warehouses
    • 17,280 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • eVent Medical Inc. / Medical Supply Store
    • Crankbrothers Service Center / Industrial Manufacturer / Production Facility

    Property Details for 971 Calle Amanecer

    Year built
    1990
    Property size
    17,280 SF
    Property type
    Warehouses
    Property subtype
    Life science properties

    Description

    This exceptional 17,280-square-foot industrial property, located at 971 Calle Amanecer in San Clemente, California, presents a compelling investment opportunity. The single-story building, constructed in 1990, features a desirable warehouse and R&D space configuration, currently operating under a multi-tenant NNN lease. The property boasts a strong net operating income (NOI) of $143,523.60, yielding a 5.26% cap rate. The asking price is $6,655,880, translating to a land value of $385 per square foot. Currently, the occupancy rate stands at 47%, with one unit available for immediate occupancy. The building includes upgraded improvements such as polished concrete floors, metal ductwork, exposed ceilings, and upgraded lighting. Features include approximately 20-foot ceiling heights, one dock-high door, and ample parking (4 spaces per 1,000 square feet). Situated within the Rancho San Clemente Business Park, this property benefits from a supply-constrained submarket with a low vacancy rate of 3.7%. The lease commenced on December 31, 2021, and expires on December 30, 2026. This is one of only four true single-story industrial buildings exceeding 15,000 square feet in the park (excluding smaller incubator properties), making it a rare and highly sought-after asset. The property's high-image and functional design, combined with its prime location in Orange County, California, make it an ideal investment for discerning buyers seeking strong returns in a competitive market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Clemente
    County
    Orange
    State
    California
    Longitude
    -117.601
    Latitude
    33.452

    Comparable in this City

    • Value Estimation by Request
      81,260 SF

      940-946 Calle Amanecer

      Life science properties • 81,260 SF
      940-946 Calle Amanecer, San Clemente, CA 92673
      View Details
    • Value Estimation by Request
      71,397 SF

      927-931 Calle Negocio

      Distribution properties • 71,397 SF
      927-931 Calle Negocio, San Clemente, CA 92673
      View Details
    • Value Estimation by Request
      10,865 SF

      1010-1060 Calle Cordillera

      Distribution properties • 10,865 SF
      1010-1060 Calle Cordillera, San Clemente, CA 92673
      View Details
    • Value Estimation
      $1,705,000
      12,400 SF

      981 Calle Negocio

      WAREHOUSE, STORAGE • 12,400 SF
      981 Calle Negocio, San Clemente, CA 92673-6284
      View Details
    • Value Estimation by Request
      4.43 Acres

      160 Avenida La Pata

      INDUSTRIAL (GENERAL) • 4.43 Acres
      160 Avenida La Pata, San Clemente, CA 92673-6304
      View Details
    • Value Estimation by Request
      0.60 Acres

      181 Avenida La Pata

      INDUSTRIAL (GENERAL) • 0.60 Acres
      181 Avenida La Pata, San Clemente, CA 92673-6341
      View Details

    Similar Nearby for Sale

    • $8,036,759

      San Clemente Industrial Building For Sale

      Industrial building with warehouse, office space, and fenced yard.
      1001 Calle Negocio, San Clemente, CA 92673
      View Details
    • $5,719,650
      13,458 SF

      Freestanding Corporate Headquarters in Talega

      Corporate headquarters with office and warehouse space in South Orange County.
      1251 Puerta Del Sol, San Clemente, CA 92673
      View Details
    • $5,300,000

      Industrial Property with Private Entry

      Industrial property featuring a private entry and dramatic views.
      1020 Calle Recodo, San Clemente, CA 92673
      View Details
    • Contact for pricing
      4,190 SF

      Industrial Property in San Clemente

      4,190 SqFt industrial property available for sale.
      1050 Calle Amanecer, San Clemente, CA 92673
      View Details
    • Contact for pricing
      6,700 SF

      San Clemente Manufacturing/Industrial Building

      Freestanding building with office, manufacturing space, and solar.
      1130 Calle Cordillera, San Clemente, CA 92673
      View Details
    • $5,829,600

      Prime Corner Office Building

      High-end office building in South Orange County location.
      1201 Puerta Del Sol, San Clemente, CA 92673
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Office and Warehouse Units

      Industrial project with modern office and warehouse units for lease.
      927-931 Calle Negocio, San Clemente, CA 92673
      View Details
    • $1.95 SF/Yr

      Functional Office/Warehouse in Business Park

      Professionally managed office/warehouse spaces with good access and amenities.
      1010-1060 Calle Cordillera, San Clemente, CA 92673
      View Details
    • $1.75 SF/Yr

      San Clemente Warehouse Space Available

      88,070 sqft warehouse space for lease in San Clemente.
      100 Avenida La Pata, San Clemente, CA 92673
      View Details
    • Contact for pricing
      2,980 SF

      San Clemente Industrial Property

      Industrial property in San Clemente, currently 100% leased.
      1023 Calle Sombra, San Clemente, CA 92673
      View Details
    • $1.55 SF/Yr

      Freestanding R&D Building For Rent

      High-image R&D building in South Orange County location.
      1327 Calle Avanzado, San Clemente, CA 92673
      View Details
    • Contact for pricing

      Retail Center in Talega

      Neighborhood retail center serving the Talega and San Clemente area.
      1011 Avenida Pico, San Clemente, CA 92673
      View Details
    Request Owner's contact information
    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.
    971 Calle Amanecer
    San Clemente, CA 92673
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!