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Property profile & analytics
OFF-MARKET Estimated value $32,000,000
Showrooms

27101 Puerta Real Mission Viejo, CA 92691-8518

0.64 ac lot
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US09-3929283
Property summary
AI-generated overview

This exceptional Mission Viejo office complex presents a compelling investment or owner-user opportunity. Comprising two four-story buildings totaling 233,531 rentable square feet on a 10.3-acre lot, this property boasts 929 parking spaces and enjoys a prime location directly adjacent to the Interstate 5 Freeway, providing unparalleled visibility and signage opportunities with approximately 310,956 vehicles passing daily. Substantially renovated in 2021, the property features updated lobbies, restrooms, wayfinding, exterior signage, a new conference center, tenant lounge, and a refreshed fitness facility. Currently at 49.8% occupancy, there is significant potential for increased revenue. The property benefits from its proximity to numerous amenities, including The Kaleidoscope, The Shops at Mission Viejo, The Center at Rancho Niguel, Puerta Real Plaza, College Center, Providence Mission Hospital, and Saddleback College. Built in 2001, this multi-tenant property offers 116,788 square feet of immediately available space, making it ideal for both value-add investors and owner-users. The property's location in Orange County, known for its strong economy, high-quality workforce, and desirable lifestyle, further enhances its investment appeal. The property is offered free and clear of any existing financing, on an "as-is, where-is" basis. The substantial freeway frontage and proximity to Providence Mission Hospital present attractive upside potential, including possible medical conversion.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Lot 0.64 ac (27,976 SF)
APN 761-111-20
UPID US09-3929283
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$32.00M
Owner & transaction history
Metlife Commercial Mtg Originator · 4 yrs held
Metlife Commercial Mtg Originator
since 2022
Last sale
$32.0M
4 recorded transactions
2022
Price N/A
2013
Price N/A
2003
Price N/A
2003
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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