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Industrial Flex/Stand-Alone Building 23201 Orange Ave 2,072 SF Flex Building Lake Forest, CA 92630 $1,200,000 ($579.15/SF)



Investment Highlights
- Rare Freestanding Industrial/Flex Building | 10 Parking | Owner-User
Executive Summary
Rare opportunity to own a freestanding industrial/flex building in an established industrial corridor. This ±2,072-square-foot single-story building sits on its own ±5,933-square-foot lot and offers excellent visibility, flexibility, and rare on-site parking. The property features an open, adaptable layout suitable for a variety of light industrial, flex, contractor, auto-related, or creative industrial uses. Ten (10) dedicated parking spaces (approximately 3.9 spaces per 1,000 SF) provide a major advantage for both owner-users and tenants. Surrounded by auto shops and industrial businesses, this property is well positioned for long-term demand and future upside. Zoned Industrial Park per the City of Lake Forest. Buyer to verify permitted uses and zoning. Suitable for contractor, light industrial, auto-related support, creative industrial, or R&D/flex uses.
Small industrial and flex buildings under 3,000 SF consistently see strong tenant and owner-user demand, especially from contractors, auto-related, and service users.
to a wide range of industrial/flex uses.
Surrounded by auto shops and light industrial businesses, reinforcing long-term industrial use and reducing risk of incompatible neighboring uses.
Zoned Industrial Park per the City of Lake Forest, with the area identified for future Urban Industrial use, offering potential long-term flexibility and value upside (buyer to verify).
Ideal for SBA 504 or 7(a) buyers seeking to own rather than lease, supporting stable occupancy and exit options.
Future Redevelopment / Upside Potential
Freestanding lot configuration and future planning designation may allow for modernization or repositioning over time, subject to city approval.
Buyer to verify permitted uses and zoning with the City of Lake Forest.
Small industrial and flex buildings under 3,000 SF consistently see strong tenant and owner-user demand, especially from contractors, auto-related, and service users.
to a wide range of industrial/flex uses.
Surrounded by auto shops and light industrial businesses, reinforcing long-term industrial use and reducing risk of incompatible neighboring uses.
Zoned Industrial Park per the City of Lake Forest, with the area identified for future Urban Industrial use, offering potential long-term flexibility and value upside (buyer to verify).
Ideal for SBA 504 or 7(a) buyers seeking to own rather than lease, supporting stable occupancy and exit options.
Future Redevelopment / Upside Potential
Freestanding lot configuration and future planning designation may allow for modernization or repositioning over time, subject to city approval.
Buyer to verify permitted uses and zoning with the City of Lake Forest.
Data Room Click Here to Access
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Fenced Lot
- Signage
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Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Number | 613-371-05 | Improvements Assessment | $113,781 (2025) |
| Land Assessment | $977,619 (2025) | Total Assessment | $1,091,400 (2025) |
Property Taxes
Parcel Number
613-371-05
Land Assessment
$977,619 (2025)
Improvements Assessment
$113,781 (2025)
Total Assessment
$1,091,400 (2025)
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Industrial Flex/Stand-Alone Building | 23201 Orange Ave
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