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 Market205
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
Additional Details
Floor
1st and 2nd Floors
Warehouse Space
4,304 SF
Listing Agency:
JLL
(949) 296-3622
Listed By:
Xavier Nolasco
(949) 296-3622
Source:
Moodyscre
Added: Jan 8
Changed: Jul 30
Last Checked: Jul 31 at 11:34AM
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
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $211.2k | $28.32 |
| − Vacancy | −$19.0k | −$2.55 |
| EGI | $192.2k | $25.77 |
| − OpEx | −$48.0k | −$6.44 |
| NOI | $144.1k | $19.33 |
7,456 SF · lease $28.32/SF/yr · vacancy 9.00% · expense 25.00%
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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,809
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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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
