Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    23200 Del Lago Dr, Unit 3 Laguna Hills, CA 92653-1308

    • Industrial properties
    • 7,145 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimations
    $1,130,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3314129
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 23200 Del Lago Dr

    Year built
    1979
    Lot size
    0.36 lot acres
    Property size
    7,145 SF
    Property type
    Industrial properties
    APN
    936-980-03
    APU
    93698003

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,390,000
      6.5%
      $1,285,000
      7%
      $1,195,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $810,000
      Market price range: $388k - $1.35M

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

    Location Insight

    • Map
    • Local Demand
    City
    Laguna Hills
    County
    Orange
    State
    California
    Longitude
    -117.726
    Latitude
    33.6253
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,919
    $353,539
    $707,049
    $1,060,588
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      23522 Commerce Ctr Dr

      INDUSTRIAL (GENERAL)
      23522 Commerce Ctr Dr, Laguna Hills, CA 92653-1510
      View Details
    • Value Estimation by Request

      23562 Commerce Ctr Dr

      INDUSTRIAL (GENERAL)
      23562 Commerce Ctr Dr, Laguna Hills, CA 92653-1510
      View Details
    • Value Estimation by Request

      23351 Avenida De La Carlota

      INDUSTRIAL (GENERAL)
      23351 Avenida De La Carlota, Laguna Hills, CA 92653-1561
      View Details
    • Value Estimation
      $32,210,000
      225,328 SF

      26052 Merit Cir

      INDUSTRIAL (GENERAL) • 225,328 SF
      26052 Merit Cir, Laguna Hills, CA 92653-7004
      View Details
    • Value Estimation by Request
      1,600 SF

      23192 Alcalde Dr

      Distribution properties • 1,600 SF
      23192 Alcalde Dr, Laguna Hills, CA 92653
      View Details
    • Value Estimation
      $2,690,000
      6,975 SF

      23200 Del Lago Dr, Unit 4

      CONDOMINIUMS (INDUSTRIAL) • 6,975 SF
      23200 Del Lago Dr, Laguna Hills, CA 92653-1308
      View Details

    Similar Nearby for Sale

    • $598,000
      1,089 SF

      Refreshed Laguna Hills Condo

      2-bedroom, 2-bathroom condo in gated Bella Tierra community.
      25521 Indian Hill Ln, Laguna Hills, CA 92653
      View Details
    • $790,000
      1,988 SF

      Professional Office Condo For Sale

      Single-story office condo with efficient layout and freeway access.
      23193 La Cadena Dr, Laguna Hills, CA 92653
      View Details
    • $43,000

      Established Chocolatiere Business Opportunity

      Long-established chocolatiere business with commercial kitchen in Laguna Hills, CA.
      26941 Cabot Rd, Laguna Hills, CA 92653
      View Details
    • Contact for pricing

      Laguna Hills Leased Office Building

      100% leased office building in Laguna Hills, California.
      24411 Health Center Dr, Laguna Hills, CA 92653
      View Details
    • $398,000
      1,440 SF

      Laguna Hills Mobile Home

      Upgraded mobile home with garage and outdoor entertaining space.
      23301 Ridge Route Dr, Laguna Hills, CA 92653
      View Details
    • $219,000
      384 SF

      Laguna Hills Professional Office Suite

      Professional office suite for sale in Laguna Hills, California.
      23276 S Pointe Dr, Laguna Hills, CA 92653
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Laguna Hills Industrial Property

      Industrial property in Laguna Hills, currently 100% leased.
      23501 Commerce Center Dr, Laguna Hills, CA 92653
      View Details
    • Contact for pricing

      Industrial Property in Laguna Hills

      Fully leased industrial property in Laguna Hills, California.
      23501 Ridge Route Dr, Laguna Hills, CA 92653
      View Details
    • $16 SF/Yr
      100,774 SF

      Laguna Hills Office & Industrial Space

      Prime Orange County Flex Space Available
      23121-23181 Verdugo Dr, Laguna Hills, CA 92653
      View Details
    • Contact for pricing
      1,369 SF

      Modern Medical Office Warehouse

      Upscale Valencia Office, 1369 sqft
      24953 24B, Laguna Hills, CA 92653
      View Details
    • $1.70 SF/Yr
      2,808 SF

      Laguna Hills Commerce Center Space

      Multi-tenant building with ground level loading and ample parking.
      23521 Ridge Route Dr, Laguna Hills, CA 92653
      View Details
    • $2 SF/Yr
      960 SF

      Laguna Hills Flex Space

      Flex space available for lease in Laguna Hills, California.
      22971 Triton Way, Laguna Hills, CA 92653
      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.
    23200 Del Lago Dr, Unit 3
    Laguna Hills, CA 92653-1308
    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.