Commercial Real Estate Market in Irvine, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
310 active listings and 3,454 off-market properties in Irvine, CA. Commercial property asks $328/SF to buy and $37.37/SF/Yr to lease.
Market Trends
Irvine, CA spans 71.7 square miles in Orange County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Irvine, CA asks $321/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Irvine, CA asks $1,114/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Irvine, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Irvine, CA asks $212/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 31.5%
- Civic 11.9%
- Open space 10.8%
- Industrial 7.8%
- Commercial 6.9%
- Agricultural 2.3%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Preservation
Low Density Residential
Institutional
Irvine Business Complex Multi Use
Recreation
Preservation (1.4)
Preservation (Area 1.4) by more intense recreational uses and by their manicured appearance and improved facilities. Additionally, recreation areas do not necessarily require maintenance of natural resources. 2. Recreation (Area 1.5) will not be limited to low-intensity recreational activities as is Preservation (Area 1.4), but will be designed to accommodat…
Market overview
Demographics & Economy
Irvine, CA has 307,674 residents in 120,368 households. Density runs 4,290 people per square mile. Median household income here is $132,360 and median gross rent $2,855 a month.
307,674
Population
120,368
Households
2.6
Avg Household Size
34
Median Age
71%
College-Educated
97%
High-School Grad
71.7 sq mi
ZIP Area
4,290
Density / Sq Mi
$132,360
Median Household Income
$71,555
Median Earnings
$2,855
Median Rent
$1,117,296
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Tustin | $328 (county avg) | — |
| Santa Ana | $328 (county avg) | $23.60 |
| Costa Mesa | $328 (county avg) | $33.17 |
Commercial property in Irvine, CA asks $328/SF. The 3 bordering markets run from $328/SF in Tustin to $328/SF in Tustin, and the city sits in line with their $328/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Irvine?
Commercial property in Irvine, CA asks an average of $328 per square foot. Retail carries the highest asking price at $1,114/SF.
How much does it cost to lease commercial space in Irvine?
Asking lease rates in Irvine, CA average $37.37 per square foot per year.
How does Irvine compare to nearby markets on price?
Irvine, CA asks $328/SF against $328/SF in Tustin, $328/SF in Santa Ana and $328/SF in Costa Mesa.
Where does Realmo's Irvine market data come from?
Realmo compiles Irvine, CA figures from 3 recent recorded sales, 73 active sale listings, 237 active lease listings, 3,454 tracked off-market properties, the current Irvine zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 73 active for-sale and 237 active for-lease listings in Irvine, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 40,861 zoned acres across 102 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
