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    9 Corporate Park Irvine, CA 92606

    • Commercial real estate
    • 2.61 lot acres
    For Lease
    View listing
    $39 SF/Yr
    Value Estimation
    $9,160,000
    Last Sale
    Aug 10, 2022
    $9,550,000
    Location Intelligence
    Property ID
    US09-3406519
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Paul Z. Lang, MD / Ophthalmologist
    • Danale Inc / Software Company
    • Lindy H. Hoang, OD / Optometrist / Practitioner Service Location
    • Siuchi Suen, OD / Optometrist

    Property Details for 9 Corporate Park

    Lot size
    2.61 lot acres
    Property type
    Commercial real estate
    APN
    435-201-08
    APU
    43520108

    Description

    This exceptional medical office building, located at 9 Corporate Park in Irvine, California, 92606, offers a prime opportunity for medical professionals seeking flexible and modern space. The building totals 7,005 square feet and features two suites, currently fully vacant and available for lease. Individual suites range from a minimum of 1,605 square feet to a maximum contiguous space of 5,400 square feet, providing options to accommodate various practice sizes and needs. The property is classified as a medical office building, ensuring compliance with relevant regulations and offering a professional environment. Ample surface parking is provided free of charge for tenants and their clients, ensuring convenient access. The building's location in Orange County, within the thriving city of Irvine, offers excellent visibility and accessibility, with easy access to major transportation arteries. This is an exceptional opportunity to establish or expand a medical practice in a highly desirable location. The property is ready for immediate occupancy. Contact us today to schedule a viewing and discuss your leasing requirements.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $9,125,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,855,000
      6.5%
      $9,825,000
      7%
      $9,390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,010,000
      Geo Method
      $10,590,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,545,000
      Retail
      $10,070,000
      Mixed-Use
      $7,475,000
      Hospitality
      $8,070,000
      Educational
      $8,260,000
      Residential Income
      $8,475,000
      Energy
      $7,340,000
      Income-Based Land
      $9,725,000
      Food Service
      $9,490,000

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.828
    Latitude
    33.6899
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $101,035
    $7,648,716
    $2,092,284
    $9,741,000
    -
    $0.00
    $0.00
    $0.00

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      16841 Millikan Ave

      COMMERCIAL (GENERAL) • 14,310 SF
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    9 Corporate Park
    Irvine, CA 92606
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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
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