23321 El Toro RdLake Forest, CA 92630

Property Details for 23321 El Toro Rd

Year built

1978

Lot size

0.70 AC

Property size (Sq ft)

9,300 SF

Property type

Showrooms

APN

617-084-28

APU

61708428

Description

This exceptional medical office building, located at 23321 El Toro Rd in Lake Forest, California, offers a total of 3,705 square feet of space. Currently, the entire building is vacant and available for lease, presenting a unique opportunity for a single tenant or multiple tenants. The property is situated in Orange County, zip code 92630, and is ideally suited for medical practices seeking a prominent location. Flexible lease terms are available to accommodate various needs. Individual suites range from a minimum of 1,228 square feet to a maximum contiguous space of 1,240 square feet, providing options for practices of different sizes. The building's design and layout are well-suited for medical use, offering ample space for examination rooms, waiting areas, and administrative offices. The property's convenient location provides easy access for patients and staff, with excellent visibility and ample parking. This is a rare opportunity to secure a high-quality medical office space in a desirable location. Contact us today to schedule a viewing and discuss your leasing requirements. The property is classified as a multi-tenant office building.

• CAP approach

  CAP return

  Valuation

  6%

  $2,965,476

  6.5%

  $2,737,363

  7%

  $2,541,837

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,837,408

  Geo Method

  $8,248,769

• Alternative Use

  Use

  Valuation

  Residential

  $2,309,068

  Hospitality

  $2,115,094

  Educational

  $1,759,733

  Medical

  $1,820,253

  Retail

  $2,737,363

Location Insight

City

Lake Forest

County

Orange

State

California

Latitude

33.6246

Longitude

-117.697

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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