Flex Space with Ground-Level Loading
For Sale
Contact for pricing
1641 Langley Ave, Irvine, CA 92614
Freestanding flex building with warehouse space, one ground-level loading door, and 600-amp 120/208V 3-phase power.
Property Size16,003 SF
Price / SF$410
Days on Market153
Property Features for 1641 Langley Ave
General Information
Standard status
Active
Size
16,003 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
20 ft
Warehouse Space
2,810 SF
Office Build-Out
13,193 SF
Drive-In Doors
1
Power
600 amps
Voltage
208 V
Three-Phase Power
Yes
Building Details
Buildings
1
Listing Agency:
Tidemark Real Estate Services
(949) 561-1900
Listed By:
Taylor Snyder · License #CA 02092420
(949) 533-1321
Source:
Moodyscre
Added: Jun 1
Changed: Oct 25
Last Checked: Oct 30 at 3:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tidemark Real Estate Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Freestanding industrial/flex building in Irvine offering a mix of improved office and warehouse space. The property includes 13,193 SF of improved office space and 2,810 SF of warehouse space. Two entrances provide parking available on both sides, supporting flexible tenant access and operations.
Warehouse features include a 20' minimum warehouse clearance and one ground-level (GL) loading door. Electrical service is listed as 600 amps, 120/208 volt, 3 phase, 4 wire power (verify).
1641 Langley Ave provides a straightforward on-site setup for users needing both office support and functional warehouse space within a single flex facility.
Warehouse features include a 20' minimum warehouse clearance and one ground-level (GL) loading door. Electrical service is listed as 600 amps, 120/208 volt, 3 phase, 4 wire power (verify).
1641 Langley Ave provides a straightforward on-site setup for users needing both office support and functional warehouse space within a single flex facility.
Key Highlights
- Freestanding flex/industrial building with 13,193 SF improved office and 2,810 SF warehouse
- Two entrances with parking available on both sides
- 20' minimum warehouse clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$272,146
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,442,920
$5.4M
Cap Rate 7%
$3,887,800
$3.9M
Cap Rate 9%
$3,023,844
$3.0M
Market Conditions
NOI Build-Up for 16,003 SF
Gross rent
$424.4K $26.52/SF
− Vacancy
−$61.5K −$3.85/SF
EGI
$362.9K $22.67/SF
− OpEx
−$90.7K −$5.67/SF
NOI
$272.1K $17.01/SF
Area
ZIP 92614
Vacancy
14.50%
Lease Rate
$26.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,442,920
Cap Rate 7%
$3,887,800
Cap Rate 9%
$3,023,844
Alternative Uses
Best Use
Office B
$3.89M
$3.40M – $4.54M
NOI $272,146 @ 7.0% cap · market cap 4.15%
Second Best
Warehouse
$3.59M
$3.14M – $4.19M
NOI $251,238 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$5.27M
$4.61M – $6.15M
NOI $368,893 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,761
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92614, CA
28,456
Population
12,499
Households
2.3
Avg Household Size
36
Median Age
67%
College-Educated
94%
High-School Grad
4.4 sq mi
ZIP Area
6,467
Density / Sq Mi
$121,276
Median Household Income
$76,050
Median Earnings
$2,773
Median Rent
$983,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Freestanding flex building with warehouse space, one ground-level loading door, and 600-amp 120/208V 3-phase power.
Where is this flex space located?
The property is located at 1641 Langley Ave Irvine, CA.
What is the asking price?
The asking price for this property is $6,561,230.
What are key features of this property?
This property features: Freestanding flex/industrial building with 13,193 SF improved office and 2,810 SF warehouse; Two entrances with parking available on both sides; 20' minimum warehouse clearance
