23201 Lake Center DrLake Forest, CA 92630

Property Details for 23201 Lake Center Dr

Year built

1982

Lot size

1.33 AC

Property size (Sq ft)

27,494 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

617-474-15

APU

61747415

Description

This exceptional executive office suite, located within the prestigious Lake Forest Professional Center at 23201 Lake Center Dr, Lake Forest, CA 92630, offers 1,423 square feet of move-in ready space. Situated in a three-story building totaling 9,501 square feet, this property boasts a convenient 4:1,000 parking ratio, ensuring ample parking for tenants and their guests. The building is equipped with elevators for easy access to all floors. The suite is part of a multi-tenant building, providing a professional and collaborative environment. This prime location in Orange County offers easy access to major transportation arteries, making commuting a breeze. The available space is ideal for businesses seeking a modern and efficient workspace in a highly desirable area. The property type is classified as Office, with a subtype of Executive Office and Professional Office. This is a fantastic opportunity to establish or expand your business in a thriving community. The building's address is clearly identifiable as 23201 Lake Center Dr, Lake Forest, CA 92630. The total building size is 9,501 square feet, with 1,423 square feet currently vacant and available for lease. The building features modern amenities and is well-maintained. Don't miss this chance to secure your ideal office space in this sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,766,969

  6.5%

  $8,092,587

  7%

  $7,514,545

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,344,699

  Geo Method

  $24,386,200

• Alternative Use

  Use

  Valuation

  Residential

  $6,826,400

  Hospitality

  $6,252,946

  Educational

  $5,202,377

  Medical

  $5,381,295

  Retail

  $8,092,587

Location Insight

City

Lake Forest

County

Orange

State

California

Latitude

33.6252

Longitude

-117.716

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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