Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Irvine Spectrum Office Space Title is generated by Realmo AI

    15955 Alton Pkwy, CA

    Claim this Listing
    For Lease
    Contact for pricing

    Office space available for lease in Irvine Spectrum.

    Type:OFFICE
    Property size:
    104,294 SF
    Lot size:
    19.38 Acres
    Added:
    Jan 22, 2024
    Days on Market:
    841
    Last Refresh:
    Apr 5 at 8:14 pm

    Property Features for 15955 Alton Pkwy

    General Information

    Standard status
    Active
    Size
    104,294 SF
    Lot size
    19.38 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 15955 Alton Pkwy Contact us

    We can help!

    Listing Contact
    Sue Lyle

    Listing agent Sue Lyle

    Listing office Irvine Company

    Listing date Jan 22, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Irvine Company

    HighLights

    • Office space for lease

    Overview

    Office space is available for lease. The property offers 104294 square feet of space and is located in the Irvine Spectrum area.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Dental Office Hair Salon Law Firm Nail Salon

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

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Sonora Crossroads

      Retail space available in a large, anchored shopping center.
      1031-C Sanguinetti Road | Sonora, CA, CA
      View Details
    • $1.50 SF/Yr

      Irvine Spectrum Warehouse Space Available

      24,169 SF warehouse with office space for lease.
      15281 Barranca Pkwy, Irvine Spectrum, CA
      View Details
    • Contact for pricing

      Retail Space in Livermore Center

      Retail space available in a busy Livermore shopping center.
      1332 Railroad Avenue | Livermore, CA, CA
      View Details
    • $1.70 SF/Yr

      Industrial Space with Office

      Warehouse with office space, dock and ground level loading.
      19901-19977 Harrison Ave, Industry, CA
      View Details
    • $1.65 SF/Yr

      Industrial Space with Refurbished Offices

      Multi-tenant building with refurbished offices and freeway access.
      15241-15277 Don Julian Rd, Industry, CA
      View Details
    • $1.55 SF/Yr

      New Industrial Warehouse For Lease

      Under construction warehouse with large yard, available Q4 2025.
      15010 Don Julian Rd, Industry, CA
      View Details
    • $1.55 SF/Yr

      Industrial Flex Space Available

      Multi-tenant building with immediate freeway access for lease.
      14145 Proctor Ave, Bldg 1, Industry, CA
      View Details
    • $1.03 SF/Yr

      City of Industry Warehouse Space

      Warehouse space with freezer/cooler, convenient freeway access.
      17521 Railroad St, Industry, CA
      View Details
    • $1.70 SF/Yr

      Freestanding Warehouse with Office Space

      Warehouse with office space, easy freeway access, available for sublease.
      17007 Evergreen Pl, Industry, CA
      View Details
    • $1.90 SF/Yr

      Irvine Spectrum Corporate Headquarters Facility

      Corporate headquarters facility with office space and fenced yard.
      15365 Barranca Pkwy, Irvine Spectrum, CA
      View Details
    • $3 SF/Yr

      Office Suite in Irvine Spectrum

      Second floor office suite available for rent in Irvine Spectrum.
      16420-16430 Bake Pkwy, Irvine Spectrum, CA
      View Details
    • $0.88 SF/Yr

      Class A Distribution Space Available

      9,792 SF Class A distribution space with freeway access.
      18505-18535 E Gale Ave, Industry, CA
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available for lease in Irvine Spectrum.
    Where is this office units located?
    The property is located at 15955 Alton Pkwy CA.
    What are key features of this property?
    This property features: Office space for lease
    (949) 720-2668 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sue Lyle
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15955 Alton Pkwy, Irvine Spectrum, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!