23291 Ml Crk Dr Laguna Hills, CA 92653-1631
- Showrooms
- 0.56 lot acres
Current Use by Public Records
- Showrooms
Property Details for 23291 Ml Crk Dr
- Lot size
- 0.56 lot acres
- Property type
- Showrooms
- APN
- 588-142-09
- APU
- 58814209
Description
This Laguna Hills, CA office building offers 5,432 square feet of immediately available space in a 12,658 square foot, two-story Class B building. Located at 23291 Mill Creek Dr, near Lake Forest Dr. & Moulton Parkway, this property boasts 39 parking spaces (30 covered), one elevator, and easy freeway access via the 5, 405, 133, and 73 Toll Roads. The building, constructed in 1988, features a modern glass-lined design and is situated on a 0.53-acre lot. The minimum divisible space is 2,083 square feet, with a maximum contiguous space of 5,432 square feet currently vacant. The property is zoned PA (Parcel Assessor Number 588-142-09) and has a tax cost per square foot of $0.21. Surrounded by mature trees and scenic mountains, this location offers proximity to Irvine Spectrum and other amenities. The building is configured with two floors of office space and covered parking on the ground floor, providing convenient access for tenants and visitors. All floors are accessible via stairs or elevator. This is an excellent opportunity for businesses seeking a well-located, functional office space in a desirable South Orange County setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,830,000
- 6.5%
- $2,875,000
- 7%
- $2,990,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,575,000
- Geo Method
- $2,620,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,915,000
- Retail
- $3,120,000
- Mixed-Use
- $2,440,000
- Hospitality
- $2,690,000
- Educational
- $2,810,000
- Residential Income
- $3,170,000
- Energy
- $2,675,000
- Income-Based Land
- $2,565,000
- Food Service
- $3,160,000
Location Insight
- Map
- Local Demand
- City
- Laguna Hills
- County
- Orange
- State
- California
- Longitude
- -117.736
- Latitude
- 33.6239
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
