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    Property profile & analytics
    OFF-MARKET Estimated value $805,000
    Showrooms

    24401 Rdg Rte Dra, Laguna Hills, CA 92653-7903

    2.66 ac lot
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-1706018
    Property summary
    AI-generated overview

    Lakehills Plaza, located at 24401 Ridge Route Drive in Laguna Woods, California (zip code 92653), presents a prime retail investment opportunity. This 21,388 square foot strip center sits on a 2.56-acre lot and offers ample parking with 134 spaces. Currently, there are two available retail spaces, ranging from 1,348 to 1,723 square feet, totaling 3,071 square feet of vacant space. The property boasts an outstanding tenant mix and enjoys a highly visible corner location at the intersection of Ridge Route and Moulton Parkway. Its strategic placement adjacent to the Department of Motor Vehicles ensures consistent high traffic volume. This well-maintained center provides an excellent opportunity for businesses seeking a thriving location in a desirable Laguna Woods community. The property's address is easily accessible and benefits from strong visibility due to its prominent corner location. The existing tenant mix contributes to a vibrant and successful shopping environment. This is an exceptional opportunity to establish or expand your business in a high-traffic area with significant potential for growth.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Lot 2.66 ac (115,872 SF)
    APN 588-161-04
    UPID US09-1706018
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $805k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $805k
    Owner & transaction history
    Lakehills Properties LLC · 6 yrs held
    Lakehills Properties LLC
    since 2020
    2 recorded transactions
    2020
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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