4980 Barranca PkwyIrvine, CA 92604

Property Details for 4980 Barranca Pkwy

Year built

1983

Lot size

0.88 AC

Property size (Sq ft)

4,000 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

452-031-10

APU

45203110

Description

This exceptional 3,123 square foot medical office building in Irvine, California, presents a unique leasing opportunity. Located at 4980 Barranca Pkwy, 92604, this Class B property offers a flexible space ideal for a variety of medical practices. The entire building, totaling 3,123 square feet, is currently vacant and available for lease. The space is divisible, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 3,123 square feet, providing adaptability for different business needs. The building is a two-story structure conveniently situated in Orange County. One of the key advantages is the availability of free on-site surface parking, ensuring ample and convenient parking for patients and staff. This prime location in Irvine offers excellent visibility and accessibility, making it an attractive option for medical professionals seeking a well-equipped and conveniently located office space. The property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,617,287

  6.5%

  $1,492,880

  7%

  $1,386,246

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,547,858

  Geo Method

  $3,547,858

• Alternative Use

  Use

  Valuation

  Residential

  $1,259,300

  Hospitality

  $1,153,512

  Educational

  $959,709

  Medical

  $992,715

  Retail

  $1,492,880

Location Insight

City

Irvine

County

Orange

State

California

Latitude

33.6757

Longitude

-117.794

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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