Industrial R&D Flex Unit with Top
For Sale
Contact for pricing
16782 Von Karman Ave, Irvine, CA 92606
Flex unit with warehouse and office space, zoned for 5.1 IBC multi-use, plus building top signage.
Property Size7,456 SF
Price / SF$505
Days on Market297
Property Features for 16782 Von Karman Ave
General Information
Standard status
Active
Size
7,456 SF
Property subtype
INDUSTRIAL
Zoning
5.1 IBC Multi-Use
Site & Location
Neighborhood
Westpark II
Additional Details
Floor
1st and 2nd Floors
Warehouse Space
4,304 SF
Listing Agency:
JLL
(949) 885-2900
Listed By:
Xavier Nolasco
(949) 296-3622
Source:
Moodyscre
Added: Jan 8
Changed: Oct 26
Last Checked: Oct 30 at 5:18PM
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 JLL
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Industrial/R&D flex unit offering a total of 7,456 SF with dedicated warehouse and office components. The space includes 4,304 SF of warehouse area along with 952 SF of first-floor office and 2,200 SF of second-floor office, supporting a layout that can accommodate both production and administrative needs.
The property is located at 16782 Von Karman Ave in Irvine, CA. The building features top signage, which can help improve visibility for users operating on-site.
Zoned 5.1 IBC multi-use, the unit presents an owner-user purchase opportunity with the building configured to combine workspace and office functions under one roof.
The property is located at 16782 Von Karman Ave in Irvine, CA. The building features top signage, which can help improve visibility for users operating on-site.
Zoned 5.1 IBC multi-use, the unit presents an owner-user purchase opportunity with the building configured to combine workspace and office functions under one roof.
Key Highlights
- 7,456 SF industrial/R&D flex unit with 4,304 SF warehouse
- 952 SF first‑floor office and 2,200 SF second‑floor office
- Zoned 5.1 IBC multi‑use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,113
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,882,260
$2.9M
Cap Rate 7%
$2,058,757
$2.1M
Cap Rate 9%
$1,601,256
$1.6M
Market Conditions
NOI Build-Up for 7,456 SF
Gross rent
$211.2K $28.32/SF
− Vacancy
−$19.0K −$2.55/SF
EGI
$192.2K $25.77/SF
− OpEx
−$48.0K −$6.44/SF
NOI
$144.1K $19.33/SF
Area
Irvine, CA
Vacancy
9.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,882,260
Cap Rate 7%
$2,058,757
Cap Rate 9%
$1,601,256
Alternative Uses
Best Use
Office B
$2.06M
$1.80M – $2.40M
NOI $144,113 @ 7.0% cap · market cap 3.83%
Second Best
Warehouse
$1.64M
$1.44M – $1.91M
NOI $114,875 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $184,565 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,676
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92606, CA
23,383
Population
9,436
Households
2.5
Avg Household Size
36
Median Age
66%
College-Educated
95%
High-School Grad
3.5 sq mi
ZIP Area
6,681
Density / Sq Mi
$140,790
Median Household Income
$70,451
Median Earnings
$2,845
Median Rent
$1,046,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Creative Coordinating Catering — 2730, Irvine, CA 92619
- Cruisin Fusion — 1527 Synergy, Irvine, CA 92614
- International Catering — 16221 Construction Cir W, Irvine, CA 92606
- Aldos Catering and Tacos — 16221 Construction Cir W, Irvine, CA 92606
Frequently Asked Questions
What type of property is this?
Flex space - Flex unit with warehouse and office space, zoned for 5.1 IBC multi-use, plus building top signage.
Where is this flex space located?
The property is located at 16782 Von Karman Ave Irvine, CA.
What is the asking price?
The asking price for this property is $3,765,280.
What are key features of this property?
This property features: 7,456 SF industrial/R&D flex unit with 4,304 SF warehouse; 952 SF first‑floor office and 2,200 SF second‑floor office; Zoned 5.1 IBC multi‑use
