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Financial
Distress signals
Property profile

27281 Las Ramblas Mission Viejo, CA 92691

FOR LEASE
Showrooms
Property ID
US10-3052863
27,750 SF 1.78 ac lot Built 1981
Last sale May 2018 · $7,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Mission Viejo office property, known as "The Courtyard," offers a variety of flexible spaces ideal for businesses of all sizes. Located at 27281-27285 Las Ramblas, 92691, in Orange County, California, this two-story building boasts a total of 5,468 square feet of available office space. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. The minimum…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$46k
Tax billed · 2024
Assessed value$4.57M
Assessed land$3.24M
Assessed improvement$1.34M
Effective rate1.01%

Value estimate

· Oct 2026
$4.65M
$4.19M – $5.12M
NOI build-up
Gross scheduled income$1.67M
Vacancy & credit loss−$204k
Operating expenses−$366k
NOI · 109,741,200.00% cap applied$1.10M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$508/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$347 – $698
Qualifying comparables15

Cap rate analysis

How does the asset earn?
109,741,200.00%
$1.10M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel17.2
HVAC Service15.7
Storage Facility14.9

Location

27281 Las Ramblas Mission Viejo, CA 92691
County assessor Recorded deeds · 4 transfers 15 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
26391 Crown Vly, Mission Viejo, CA 92691-7309 $3,000,000 Mar 2023 8,000 SF
26921 Crown Vly, Mission Viejo, CA 92691-6501 $4,052,500 Mar 2023 14,475 SF
23311 Madero, Mission Viejo, CA 92691-2730 $9,540,000 Dec 2022 15,984 SF
27800 Medical Ctr, Mission Viejo, CA 92691-6410 $37,135,000 Aug 2022 71,980 SF
26732 Crown Vly, Mission Viejo, CA 92691-6306 $65,620,500 Aug 2022 120,746 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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