15 MarebluAliso Viejo, CA 92656

Property Details for 15 Mareblu

Year built

1989

Lot size

2.20 AC

Property size (Sq ft)

36,180 SF

Property type

Showrooms

APN

627-541-53

APU

62754153

Description

This exceptional three-story medical office building, totaling approximately 34,222 square feet, is situated in the affluent Aliso Viejo neighborhood of Orange County. Built in 1990 and extensively renovated in 2023, the property boasts updated common area finishes and abundant natural light throughout. The building features 144 free surface parking spaces, providing a generous parking ratio of 6.00 per 1,000 square feet, ensuring convenient patient access. Its location at the end of a cul-de-sac offers excellent visibility and ample parking. The building is elevator-served and equipped with sprinklers. Multiple suites are available, ranging from a minimum of 921 square feet to a maximum contiguous space of 1,578 square feet, with a total of 6,328 square feet currently vacant. The property benefits from strong market demographics and easy freeway access from both Orange County and Northern San Diego, making it an ideal location for medical practices. Excellent highway 73 exposure is enhanced by tenant eyebrow and building top signage opportunities. This is a rare opportunity to secure space in a highly desirable and recently renovated medical office building.

• CAP approach

  CAP return

  Valuation

  6%

  $11,148,349

  6.5%

  $10,290,784

  7%

  $9,555,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,755,879

  Geo Method

  $32,090,372

• Alternative Use

  Use

  Valuation

  Residential

  $8,680,661

  Hospitality

  $7,951,439

  Educational

  $6,615,504

  Medical

  $6,843,022

  Retail

  $10,290,784

Location Insight

City

Aliso Viejo

County

Orange

State

California

Latitude

33.5734

Longitude

-117.704

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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