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

    24001 Via Fabricante Mission Viejo, CA 92691

    • Commercial real estate
    • 56,168 SF
    • 3.73 lot acres
    For Lease
    View listing
    $23 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0639678
    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

    • Commercial real estate

    Property Details for 24001 Via Fabricante

    Year built
    1976
    Lot size
    3.73 lot acres
    Property size
    56,168 SF
    Property type
    Commercial real estate
    APN
    809-321-08
    APU
    80932108

    Description

    This exceptional property at 24001 Via Fabricante, Mission Viejo, CA 92691, offers a diverse range of flexible spaces ideal for various business needs. Located in the heart of South Orange County, this Class B property boasts convenient access to the 5 freeway and benefits from strong demographics. The Jeronimo Center comprises five single-story buildings, providing a total of 1,728 square feet currently available for lease. The space is suitable for a variety of uses, including medical office, traditional office, creative office, flex space, R&D, and even refrigerated/cold storage, making it a highly adaptable option for numerous businesses. The building features a 12-foot ceiling height and heavy power capabilities, catering to a wide array of operational requirements. The property is situated near Alicia, offering excellent visibility and accessibility. This multi-tenant building provides a vibrant and collaborative environment, with a diverse mix of existing tenants. Space sizes range from 1,700 to 5,000 square feet, offering flexibility to accommodate businesses of varying scales. This is an unparalleled opportunity to establish a presence in a thriving Orange County commercial hub.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $15,795,000
      6.5%
      $14,580,000
      7%
      $13,540,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission Viejo
    County
    Orange
    State
    California
    Longitude
    -117.68
    Latitude
    33.6156
    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
    $173,490
    $10,711,457
    $6,151,417
    $16,862,874
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.53 Acres

      25800 Jeronimo Rd

      COMMERCIAL (GENERAL) • 3.53 Acres
      25800 Jeronimo Rd, Mission Viejo, CA 92691-2776
      View Details
    • Value Estimation by Request
      0.14 Acres

      26056 Acero

      SHOW ROOM, WAREHOUSE • 0.14 Acres
      26056 Acero, Mission Viejo, CA 92691-2768
      View Details
    • Value Estimation by Request
      0.46 Acres

      26047 Acero, Unit 3

      COMMERCIAL (GENERAL) • 0.46 Acres
      26047 Acero, Mission Viejo, CA 92691-7950
      View Details
    • Value Estimation by Request

      24420 Alicia Pkwy

      COMMERCIAL (GENERAL)
      24420 Alicia Pkwy, Mission Viejo, CA 92691-4506
      View Details
    • Value Estimation
      $525,000
      3.94 Acres

      27690 Santa Margarita Pkwy

      SHOW ROOM, WAREHOUSE • 3.94 Acres
      27690 Santa Margarita Pkwy, Mission Viejo, CA 92691-6711
      View Details
    • Value Estimation
      $10,130,000
      40,308 SF

      26691 Plz Plaza

      SHOW ROOM, WAREHOUSE • 40,308 SF
      26691 Plz Plaza, Mission Viejo, CA 92691-6329
      View Details

    Similar Nearby for Sale

    • $18,500,000

      Freestanding Retail Building in Mission Viejo

      Former Toys R Us/Furniture City near I-5 with strong demographics.
      25362 El Paseo, Mission Viejo, CA 92691
      View Details
    • $210,000

      Mission Viejo RCFE Opportunity

      Licensed 6-bed RCFE in desirable Mission Viejo neighborhood.
      24272 Lysanda Dr, Mission Viejo, CA 92691
      View Details
    • $49,000

      Turnkey Salon in Mission Viejo

      Fully equipped hair salon in high-traffic Mission Viejo location.
      23166 Los Alisos Blvd, Mission Viejo, CA 92691
      View Details
    • $749,000
      32,701 SF

      High Identity Office Building

      Office building with expandable parking and planned renovations for sale.
      24800 Chrisanta Dr, Mission Viejo, CA 92691
      View Details
    • $499,000
      812 SF

      Charming Condo in Mission Viejo

      2-bedroom condo with lake privileges, close to amenities.
      23251 La Glorieta, Mission Viejo, CA 92691
      View Details
    • $4,400,000
      5,100 SF

      Retail Property in Mission Viejo

      Retail property with 5,100 square feet available for sale.
      27672 Crown Valley Pkwy, Mission Viejo, CA 92691
      View Details

    Similar Nearby for Lease

    • $1.50 SF/Yr
      17,412 SF

      Mission Viejo Office & Warehouse Space

      Prime Office/Warehouse, Flexible Suites Available
      23831-23891 Vía Fabricante, Mission Viejo, CA 92691
      View Details
    • $25 SF/Yr
      67,619 SF

      Garden Plaza: Mission Viejo Office Space

      Versatile Office Suites, Abundant Parking
      27001 La Paz Rd, Mission Viejo, CA 92691
      View Details
    • Contact for pricing
      23,599 SF

      Mission Viejo Medical Office Space

      Prime Medical Office Suites Available Now
      27871 Medical Center Rd, Mission Viejo, CA 92691
      View Details
    • $3,450 /Mo
      1,158 SF

      Upgraded Townhouse in Aliso Villas

      Two-story townhouse with modern upgrades, community amenities, and convenient location.
      26053 Via Pera, Mission Viejo, CA 92691
      View Details
    • $1.80 SF/Yr
      1,360 SF

      Mission Viejo Flex Space Available

      Multi-tenant building with warehouse and office space for rent.
      23392 Madero, Mission Viejo, CA 92691
      View Details
    • $2 SF/Yr
      2,475 SF

      Mission Viejo Office Space Available

      Office space featuring private offices, conference room, and kitchen.
      26035 Acero, Mission Viejo, CA 92691
      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.
    24001 Via Fabricante
    Mission Viejo, CA 92691
    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.