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    14701 Myford Road, Tustin, CA 92780

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    Commercial Lease - Tustin, CA

    Property size:
    917 SF
    Added:
    Jun 6, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 7 at 4:06 am

    Property Features for 14701 Myford Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    43250314
    Size
    917 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Architectural style
    Other

    We can help!

    Listing Contact
    Dominic Mestas

    Listing agent Dominic Mestas License #01828308

    Listing office Best Value Real Estate Service 13083 Maxwell Dr, Tustin, CA

    Listing date Jun 6, 2026

    MLS# OC26123712 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Unit B1 offers approximately 917 SF of office/flex space built out for reception, private offices, and an open work area
    • Central air conditioning in the suite
    • Shared restroom located nearby in the complex
    • Tenant pays a pro‑rata share of electricity based on actual usage
    • Direct ground‑level access with ample surface parking
    • M‑1 light industrial complex near the Tustin/Irvine border, minutes from I‑5 and I‑55

    Overview

    Available for lease, Unit B1 is an approximately 917-square-foot, turn-key office/flex suite inside a high-image M-1 light industrial complex in Tustin. The space includes a welcoming reception area, private offices, and an open work area designed to support both collaborative and focused work. A shared restroom is located nearby for tenant convenience. Electricity is billed on a pro-rata basis based on actual usage, and the unit is configured for immediate occupancy with existing professional build-out.

    The property provides ample surface parking and direct ground-level access, making day-to-day operations straightforward for staff and visitors. The business park setting is professionally managed, and ownership maintains the property in excellent condition. The location places the suite minutes from the I-5 and I-55 freeways and near the Market Place shopping and dining district, with Tustin Legacy’s nearby business and residential activity. John Wayne Airport (SNA) is approximately 7 miles away.

    This suite is a practical fit for creative, professional, or R&D users who want a clean, efficient workspace with a mix of reception, private office space, and an open area for day-to-day work. With ground-level access and on-site parking, it’s well-suited for teams that value accessibility and a turn-key interior layout inside a light industrial environment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pyka Lenhardt Schnaider ... Law Firm Patios By B&B, ... Construction Company JG Industries General Contractor Microadvantage Publishing Publishing House

    Suggested Use

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

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

    Similar Places Nearby

    • Culinairy Arts — 2322 apple tree dr, tustin, ca 92780

    Location Insight

    • Map
    • Local Demand
    City
    Tustin
    County
    Orange
    State
    California
    Longitude
    -117.804284
    Latitude
    33.7119105

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    FAQs

    What type of property is this?
    Flex space - Built-out office/flex suite with reception, private offices, and an open work area within a professionally managed industrial park.
    Where is this flex space located?
    The property is located at 14701 Myford Road Tustin, CA.
    What are key features of this property?
    This property features: Unit B1 offers approximately 917 SF of office/flex space built out for reception, private offices, and an open work area; Central air conditioning in the suite; Shared restroom located nearby in the complex
    (714) 396-0136
    We can help!
    Listing Contact
    Dominic Mestas
    Real Estate License ID: 01828308
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    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.

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