Property profile

23321 El Toro Rd Lake Forest, CA 92630

FOR LEASE
Showrooms
Property ID
US09-1915511
9,300 SF 0.7 ac lot Built 1978
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional medical office building, located at 23321 El Toro Rd in Lake Forest, California, offers a total of 3,705 square feet of space. Currently, the entire building is vacant and available for lease, presenting a unique opportunity for a single tenant or multiple tenants. The property is situated in Orange County, zip code 92630, and is ideally suited for medical practices seeking a prominent location. Flexible lease terms are available to accommodate various needs. Individual suites range from a minimum of 1,228 square feet to a maximum contiguous space of 1,240 square feet, providing options for practices of different sizes. The building's design and layout are well-suited for medical use, offering ample space for examination rooms, waiting areas, and administrative offices. The property's convenient location provides easy access for patients and staff, with excellent visibility and ample parking. This is a rare opportunity to secure a high-quality medical office space in a desirable location. Contact us today to schedule a viewing and discuss your leasing requirements. The property is classified as a multi-tenant office building.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1978
Total area 9,300 SF
Lot 0.7 ac (30,536 SF)
APN 617-084-28
UPID US09-1915511

Cap rate & NOI

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

Location

23321 El Toro Rd Lake Forest, CA 92630
Lake Forest metro Census 52411 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
$2.42M
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$2.21M

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2021
Price N/A
2021
Price N/A
2021
$2.9M
2007
Price N/A
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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