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    15 Corporate Park Irvine, CA 92606

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    For Sale
    $8,200,000

    Two-story office building with income in Irvine's Corporate Park.

    Property size:
    14,920 SF

    Property Features for 15 Corporate Park

    General Information

    Size
    14,920 SF

    Building Details

    Year built
    1986

    Source: Kylee King Agent Kylee King

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

    Overview

    Freestanding Office Building in Irvine

    This two-story freestanding office building offers approximately 4,004 square feet of space available for an owner/user with a private entry. The building has a total area of 14,920 square feet. Approximately 10,916 square feet will be leased by Pacific Medical Laboratory at the close of escrow, generating an income of $27,290 per month NNN in the first year. The property is situated in the prestigious Corporate Park development in Irvine. Its location provides walking distance to Coffee Dose and is minutes away from John Wayne Airport, The District, Park Place Shopping Center, and Diamond Jamboree Shopping Center. The property also offers immediate access to the 405, 55, and 261 Freeways, enhancing its accessibility. The in-place income from the first-floor tenant makes it a turnkey asset suitable for either an investor or an owner/user.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pacific Medical Laboratory Medical Laboratory Sal Windshield Co. Auto Repair Shop Knight Club Entertainment Board Game Club Southern California Surveying Land Surveyor Artigiano Construction Inc Home Builder

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.8289721
    Latitude
    33.6896762

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    FAQs

    What type of property is this?
    Office building - Two-story office building with income in Irvine's Corporate Park.
    Where is this office building located?
    The property is located at 15 Corporate Park Irvine, CA.
    What is the asking price?
    The asking price for this property is $8,200,000.
    What are key features of this property?
    This property features: - Significant in-place income of $27,290 per month NNN from established tenant (Pacific Medical Laboratory).; - **±4,004 SF available for owner/user with private entry.**; - Located in prestigious Irvine Corporate Park.
    (949) 790-3108
    Request Owner's contact information
    15 Corporate Park 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
    15 Corporate Park Irvine, CA 92606
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