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R&D Office Condo

9810-9820 Irvine Center Dr, Irvine, CA 92618

For Sale
New
Contact for pricing

Restrooms serve both floors, with the property presented for one or two occupants.

Property Size4,960 SF
Price / SF$575
Days on Market5

Property Features for 9810-9820 Irvine Center Dr

General Information

Standard status Active
Size 4,960 SF
Property subtype OFFICE

Site & Location

Neighborhood Spectrum 5 Pa34

Additional Details

Property Use R&D Office

Building Details

Buildings 1
Stories 2
Listing Agency: Kidder Mathews
Listed By: Eric Tse · License #01476614
Source: Moodyscre
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 5:50PM

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 Kidder Mathews

Rey
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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.

This 4,960-square-foot office condominium is identified for research and development use. Restrooms are located on both the first and second floors. The property may accommodate a two-tenant arrangement or a single owner-user.

Key Highlights

  • 4,960‑square‑foot R&D office condominium
  • Restrooms on both the first and second floors
  • Potential configuration for two tenants or a single owner‑user

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,376
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,647,520 $1.6M
Cap Rate 7%
$1,176,800 $1.2M
Cap Rate 9%
$915,289 $915.3K
Market Conditions
NOI Build-Up for 4,960 SF
Gross rent
$131.5K $26.52/SF
− Vacancy
−$21.7K −$4.38/SF
EGI
$109.8K $22.14/SF
− OpEx
−$27.5K −$5.54/SF
NOI
$82.4K $16.61/SF
Area
ZIP 92618
Vacancy
16.50%
Lease Rate
$26.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,647,520
Cap Rate 7%
$1,176,800
Cap Rate 9%
$915,289

Alternative Uses

Best Use
Office B
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,376 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M (±1% cap)
NOI $114,336 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Veterinary Clinic Parking Lot & Garage Pet Store Bar & Pub Grocery & Convenience Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,277
Businesses Nearby

Demographics for 92618, CA

57,488
Population
26,470
Households
2.2
Avg Household Size
35
Median Age
72%
College-Educated
97%
High-School Grad
20.7 sq mi
ZIP Area
2,777
Density / Sq Mi
$135,609
Median Household Income
$85,192
Median Earnings
$3,053
Median Rent
$1,153,400
Median Home Value

Market

Properties on Market for Office Units in Irvine

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Restrooms serve both floors, with the property presented for one or two occupants.
Where is this office unit located?
The property is located at 9810-9820 Irvine Center Dr Irvine, CA.
What is the asking price?
The asking price for this property is $2,852,000.
What are key features of this property?
This property features: 4,960‑square‑foot R&D office condominium; Restrooms on both the first and second floors; Potential configuration for two tenants or a single owner‑user
(949) 557-5018 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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