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    16662-16672 Millikan Ave Irvine, CA 92606

    For Sale
    $4,700,000

    Two-tenant building with large yard and office space.

    Property size:
    11,500 SF
    Lot size:
    0.74 Acres

    Property Features for 16662-16672 Millikan Ave

    General Information

    Size
    11,500 SF
    Lot size
    0.74 Acres

    Source: Lee & Associates - Newport Beach Agent Robert Griffin

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

    Overview

    Free Standing Industrial Building

    This free-standing industrial building features two tenant spaces. The property includes a large yard and 9,000 square feet of office area. It is equipped with four grade-level loading doors and offers an 18-foot clear height. The building is currently vacant and available for sale. The property size is 11,500 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Wine Cellar Club of America, Wine Cellar Club, inc., Public Storage, DDripps Storing, Alton Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.8304487
    Latitude
    33.6938104

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    FAQs

    What type of property is this?
    Warehouse - Two-tenant building with large yard and office space.
    Where is this warehouse located?
    The property is located at 16662-16672 Millikan Ave Irvine, CA.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: - Free standing two tenant building; - Large yard available; - 9,000 SF office area
    (949) 724-4743
    Request Owner's contact information
    16662-16672 Millikan Ave Irvine, CA 92606
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    Irvine, CA 92606
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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
    16662-16672 Millikan Ave Irvine, CA 92606
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