Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11 Vanderbilt Irvine, CA 92618

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.00 SF/Yr ($2,049 /Mo)

    24,599 SF office space in prime South Orange County.

    Property size:
    24,599 SF
    Lot size:
    24,599 SF

    Property Features for 11 Vanderbilt

    General Information

    Size
    24,599 SF

    Building Details

    Year built
    1983

    We can help!

    Listing Contact
    Bj Fell
    Bj Fell
    Source: Lee-associates

    Listing Agent: Bj Fell

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

    Learn more

    Property Insight Report

    Overview

    High Image Corporate Headquarters Space

    This 24,599 square foot office space is suitable as a high image corporate headquarters. The layout includes multiple conference rooms, 20 private offices, a large open bullpen area, four restrooms, and a large break room with a large patio. The property features a dock high loading door. It is located in a prime South Orange County location with access to the 5 and 405 Freeways. The space is available via sublease through April 30, 2026, with the possibility of a longer direct term.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.713721
    Latitude
    33.6491891

    Nearby Similar for Lease

    • $4,592 /Mo
      1,458 SF

      Irvine Office Suite for Lease

      Office suite with offices, kitchen, and storage in Irvine.
      2020 Main St, Irvine, CA 92614
      View Details
    • $2 SF/Yr
      25,064 SF

      Prestigious Office Building in Irvine

      25,000 SF office space with excellent freeway access.
      19732 Macarthur Blvd, Irvine, CA 92612
      View Details
    • $12,375 /Mo

      Furnished Office Space in Irvine

      High-image, fully furnished office space in Irvine Spectrum area.
      16500 Bake Pkwy, Irvine, CA 92618
      View Details
    • Contact for pricing

      Irvine Spectrum R&D/Flex Building

      LEED-accredited R&D/flex building in Irvine Spectrum with freeway frontage.
      3 Glen Bell Way, Irvine, CA 92618
      View Details
    • Contact for pricing

      Laguna Altera End-Unit Home

      Like-new 3-bedroom home in guard-gated Laguna Altera community.
      103 Bianco, Irvine, CA 92618
      View Details
    • Contact for pricing

      Premium Corner Carriage Unit

      Single-level 1 bedroom + den carriage unit for rent.
      306 Birch Grv, Irvine, CA 92618
      View Details
    • $1.25 SF/Yr
      7,463 SF

      Irvine Spectrum Freestanding Office Building

      Highly upgraded office building in Irvine Spectrum with ample parking.
      9927 Muirlands Blvd Blvd, Irvine, CA 92618
      View Details
    • Contact for pricing

      Irvine Office Space For Rent

      Ground floor commercial space in Irvine's Jeffrey Office Park.
      950 Roosevelt, Irvine, CA 92620
      View Details
    • Contact for pricing
      158,000 SF

      Centerstone Plaza: Irvine Office Campus

      Four-building Irvine office campus, ideal for various businesses.
      4000 Barranca Pkwy, Irvine, CA 92604
      View Details
    • $19 SF/Yr
      157,954 SF

      Irvine Spectrum Office/Warehouse Space

      Modern Irvine office & warehouse suites available.
      184-220 Technology Dr, Irvine, CA 92618
      View Details
    • $1.79 SF/Yr
      63,901 SF

      Jamboree Business Center Suites

      Irvine Flex Space: 1,090-2,583 SF
      2691 Richter Ave, Irvine, CA 92606
      View Details
    • $36 SF/Yr
      89,194 SF

      Airport Tower Office Space For Lease

      Prestigious Irvine Executive Suites Available
      18881 Von Karman Ave, Irvine, CA 92612
      View Details

    FAQs

    What type of property is this?
    Office space - 24,599 SF office space in prime South Orange County.
    Where is this office space located?
    The property is located at 11 Vanderbilt Irvine, CA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - High image 24,599 SF corporate headquarters in prime South Orange County location.; - Convenient access to 5 & 405 Freeways.; - Multiple conference rooms, 20 private offices, and large open bullpen.
    (949) 790-3144
    Request Owner's contact information
    11 Vanderbilt Irvine, CA 92618
    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.
    11 Vanderbilt
    Irvine, CA 92618
    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
    11 Vanderbilt Irvine, CA 92618
    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

    We can help!
    Listing Contact
    Bj Fell
    Bj Fell
    Real Estate License ID: 01929179
    (949) 790-3144 (949) 923-1138
    Learn more
    Google sign-in failed. Please try again or use another login method.