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    564 Wald Irvine, CA 92618

    For Sale
    $3,500,000

    Modern Office Condo, Warehouse Space, Solar Power

    Property size:
    5,875 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 5,875 square foot office condo, situated on a 0.52-acre lot in Irvine's desirable Spectrum area, presents a unique investment opportunity. Built in 2004, this two-story corner unit boasts a thoughtfully designed layout, ideal for a variety of businesses. The ground floor encompasses three private offices, a conference room, an open bullpen workspace, a dedicated server room, two bathrooms, and a combined storage/break room area. Adding to its functionality is approximately 1,400 square feet of warehouse or R&D space, complete with a convenient roll-up door and loading bay, perfect for storage or light manufacturing needs. The second floor mirrors the efficiency of the first, featuring three additional private offices, another bullpen area, a break room, and a bathroom. A significant advantage is the presence of 60 solar panels, fully paid for, offering substantial long-term energy cost savings. The property is zoned 5.4A, providing flexibility for various business uses. This turnkey office condo offers immediate occupancy and is priced at $3,500,000. Its prime location, modern amenities, and energy-efficient features make it an attractive proposition for discerning buyers seeking a high-quality commercial space in a thriving Irvine business district.

    Property Features for 564 Wald

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,875 SF
    Lot Size
    22,651 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eternax Solar LLC Solar Energy Equipment Supplier Target Technology Co Electronics Store

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.7345
    Latitude
    33.63163

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Condo, Warehouse Space, Solar Power
    Where is this office property / space located?
    The property is located at 564 Wald Irvine, CA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    (949) 794-5700
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    564 Wald Irvine, CA 92618
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    Irvine, CA 92618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    564 Wald Irvine, CA 92618
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