42 Corporate ParkIrvine, CA 92606

  • Other commercial real estate
  • 20,000 SF
For Lease
$24/SF/YR View listing

Property Details for 42 Corporate Park

Year built
1985
Lot size
1.00 AC
Property size (Sq ft)
20,000 SF
Property type
Other commercial real estate
APN
435-014-01
APU
43501401

Description

This exceptional office property, located at 42 Corporate Park in Irvine, California 92606, offers a total of 6,709 square feet of meticulously maintained traditional office space. Currently, the entire building is available for lease, presenting a unique opportunity for a single tenant seeking a substantial footprint or multiple tenants looking for flexible space options. The building allows for divisibility, with a minimum leasable space of 1,337 square feet and a maximum contiguous space of 5,453 square feet. This provides considerable adaptability to suit various business needs and sizes. The property's prime location in Irvine, CA offers easy access to major freeways, amenities, and a thriving business community. The address is conveniently situated at 33.6891511 latitude and -117.8270253 longitude. This is an excellent opportunity to secure high-quality office space in a desirable location. The building's traditional office design provides a professional and functional work environment. The property is ready for immediate occupancy, allowing businesses to quickly establish their operations. Interested parties are encouraged to inquire about lease terms and availability. This is a rare chance to lease a substantial and flexible office space in a highly sought-after Irvine business park.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,296,502
    Hospitality
    $5,767,562
    Educational
    $4,798,544
    Medical
    $4,963,573
    Retail
    $7,464,402
42 Corporate Park, Irvine, California
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Location Insight

City
Irvine
County
Orange
State
California
Latitude
33.6892
Longitude
-117.827
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
$34,076
$1,095,832
$2,121,982
$3,217,814
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