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    230 Commerce Irvine, CA 92602

    Sponsored
    For Lease
    $32 SF/Yr

    Premium Irvine office space available.

    Lot size:
    20,377 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Market Place Center offers exceptional executive office suites for lease in Irvine, CA. This two-story building, located at 230 Commerce, zip code 92602, boasts a total of 20,377 square feet of prime office space. Currently, there are 8,440 square feet of vacant space available, divisible into units ranging from a minimum of 3,408 square feet to a maximum contiguous space of 5,032 square feet. The building is ideally suited for businesses seeking flexible and modern office solutions. The property features ample parking, with a ratio of 4 spaces per 1,000 square feet. Situated in Orange County, this location provides easy access to major transportation arteries and a vibrant business community. The address is conveniently located in Irvine, a highly sought-after city known for its thriving economy and attractive lifestyle. This is an excellent opportunity to secure high-quality office space in a desirable location. The building's modern design and convenient amenities make it an ideal choice for businesses of all sizes. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this prestigious Irvine location.

    Property Features for 230 Commerce

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,377 SF
    Total Rate
    55017.9

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Suite 100
    Size
    5,032 SF
    Rate per SF
    $32
    Space
    Suite 185
    Size
    3,408 SF
    Rate per SF
    $32

    HighLights

    • High‑profile Santa Ana office building with I‑5 freeway frontage, boasting an average daily traffic count of 126,139 vehicles (2015 data).
    • Convenient walkability to Tustin Market Place, a major shopping, dining, and entertainment center.
    • Ample parking with a 4:1,000 ratio.
    • Direct access to the 261/241 toll road.
    • Proximity to fitness options: 0.25 miles to a 24‑hour gym and 0.5 miles to LA Fitness.
    Property Profile Location Intelligence

    Current Use by Public Records

    Linda Nguyen at Guaranteed ... Mortgage Broker NTrust Infotech Inc Software Company South Coast Shores Association / Organization Tiara de la ... Association / Organization Comprehensive Drug Testing Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.7549295
    Latitude
    33.7514861

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    FAQs

    What type of property is this?
    Office Property / Space - Premium Irvine office space available.
    Where is this office property / space located?
    The property is located at 230 Commerce Irvine, CA.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: High-profile Santa Ana office building with I-5 freeway frontage, boasting an average daily traffic count of 126,139 vehicles (2015 data).; Convenient walkability to Tustin Market Place, a major shopping, dining, and entertainment center.; Ample parking with a 4:1,000 ratio.
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    Irvine, CA 92602
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    Realmo Value Estimation

    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.

    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.

    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
    230 Commerce Irvine, CA 92602
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