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    9243-9245 Research Dr Irvine, CA 92618

    For Sale
    $6,200,000

    Two-story flex building with high-end upgrades and multiple entrances.

    Property size:
    11,067 SF

    Property Features for 9243-9245 Research Dr

    General Information

    Size
    11,067 SF

    Building Details

    Year built
    2008

    Source: Allen Basso Agent Allen Basso

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

    Overview

    Irvine Flex Building for Sale

    This is a two-story flex building featuring high-end upgrades throughout. The property includes multiple entrances, allowing an owner to lease a portion of the building. Building signage fronts Bake Parkway, which has a traffic volume of over 300,000 cars per day. The property's location is minutes from the Irvine Spectrum Center and Los Olivos Shopping Center. The building consists of separate condos, providing future flexibility to sell them separately. The property has a size of 11067 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    OC Bar Service, Jason's Catered Events, Alonti Catering Kitchen

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.734059
    Latitude
    33.636226

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    FAQs

    What type of property is this?
    Flex space - Two-story flex building with high-end upgrades and multiple entrances.
    Where is this flex space located?
    The property is located at 9243-9245 Research Dr Irvine, CA.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: - Building signage fronting Bake Pkwy with over 300,000 cars per day; - Multiple entrances allowing owner to lease a portion of the property; - Separate condos allowing future flexibility to sell separately
    (949) 293-1997
    Request Owner's contact information
    9243-9245 Research Dr 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
    9243-9245 Research Dr Irvine, CA 92618
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