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    Property profile & analytics
    OFF-MARKET Estimated value $9,340,000
    Showrooms

    22331 El Paseo, Rancho Santa Margarita, CA 92688-2822

    1.67 ac lot
    Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US10-3197391
    Property summary
    AI-generated overview

    This exceptional 1,475-square-foot retail space is ideally situated within a thriving 24 Hour Fitness gym in Rancho Santa Margarita, California (zip code 92688). Located at 22331 El Paseo, this single-tenant property presents a unique opportunity for a variety of fitness-related businesses. The space is perfect for uses such as martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense instruction, physical therapy, sports rehabilitation, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services, health diagnostic screening and testing, or the sale of sports, health, and wellness products and apparel. The landlord will consider other complementary fitness and wellness uses. However, uses involving on-site food and beverage preparation, pole dancing classes, or those requiring extensive construction or utility upgrades are not permitted. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This prime location in the Orange County submarket of Rancho Santa Margarita offers excellent visibility and access to a built-in clientele within the existing gym. The property is categorized as a retail fitness center.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Lot 1.67 ac (72,937 SF)
    APN 814-171-07
    UPID US10-3197391
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.82M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $9.34M
    Owner & transaction history
    Valuerock 24 Rsm LLC · 3 yrs held
    Valuerock 24 Rsm LLC
    since 2023
    Last sale
    $8.9M
    7 recorded transactions
    2023
    $8.9M
    2015
    $9.7M
    2014
    2005
    2005
    $7.2M
    1997
    1994
    $985,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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