Property profile

22722 Lambert St Lake Forest, CA 92630

OFF-MARKET
Retail space
Property ID
US09-1466405
23,040 SF 2.1 ac lot Built 1978
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The Canada Business Center, located at 22722 Lambert Street in Lake Forest, California (zip code 92630), offers a diverse range of flex office spaces ideal for businesses of all sizes. This expansive commercial property totals 296,597 square feet and comprises six individual suites, currently featuring 7,782 square feet of vacant space. Suite sizes vary, ranging from 576 to 1,996 square feet, providing flexibility for various business needs. The property is situated in the Mission Viejo submarket cluster of Orange County and benefits from a convenient location with prime street frontage. While the building itself doesn't offer dedicated parking spaces, the marketing materials highlight on-site restaurants, individual suite signage, on-site management, and 24-hour access for tenants. The Canada Business Center is described as encompassing approximately 300,000 square feet across 16 buildings, suggesting a larger campus-like environment. Suites are customizable, allowing businesses to tailor the space to their specific requirements. This presents a unique opportunity to secure office space in a well-maintained and conveniently located business center within a thriving Orange County community.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Total area 23,040 SF
Lot 2.1 ac (91,307 SF)
APN 617-434-02
UPID US09-1466405

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Alternative Medicine Practice Spa & Massage Center
  • Real Estate Agency
  • Physician Medical Clinic
  • Building Supply General Contractor

Location

22722 Lambert St Lake Forest, CA 92630-1633
Lake Forest metro Census 52410 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$5.35M

Owner & transaction history

since 2022
4 recorded transactions
2025
Price N/A
2025
Price N/A
2022
Price N/A
1989
$29.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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