24401 Rdg Rte Dra, Laguna Hills, CA 92653-7903
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.