Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16300 Sand Canyon Ave Irvine, CA 92618
    Property profile & analytics

    16300 Sand Canyon Ave, Irvine, CA 92618

    View on Map
    • Showrooms
    • 124,152 SF
    • 0.97 lot acres
    For Lease
    $10,360,000
    View Listing →
    Irvine Office Spaces Available For Lease
    $10,360,000
    6,276 SF

    Irvine Office Spaces Available

    Office spaces for rent in Irvine, ranging from 727-6,276 SqFt.

    16300 Sand Canyon Ave, Irvine, CA 92618
    View Listing
    Property ID
    US09-1525486
    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.
    Value Estimations
    $10,360,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Newport Children's Medical Group / Pediatrician / Medical Clinic
    • Hoag Rehabilitation Center Irvine / Rehabilitation Center
    • Newport Neurohospitalist Medical Group, Inc / Medical Clinic
    • Dr Deckey / Hospital
    • Dr. Vivian Jui, DMD / Dental Office

    Property Details for 16300 Sand Canyon Ave

    Year built
    1989
    Lot size
    0.97 lot acres
    Property type
    Showrooms
    APN
    466-091-16
    APU
    46609116

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 2, 2024 — Sand Canyon Medical Office Building — Deed · related $12M · Midfirst Bank
    May 28, 2021 $10,500,000 Hoag Memorial Hospital Presbyterian Healthpeak Properties INC Grant Deed —
    Sep 20, 2019 — Hcp INC — Deed · related —
    Jan 3, 2019 — Sand Canon Medical Office Bldg — Trustees Deed · related $12M · First Republic Bk
    — — Sand Canyon Medical Office B 1 — Deed Of Trust · related $12M · Wells Fargo Bk
    — — Sand Cyn Medical Office Buildi — Deed Of Trust · related $13M · Wells Fargo Bank
    — — Hcp INC — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $10,745,000
      ML approach
      $9,690,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.773
    Latitude
    33.6604
    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
    $259,088
    $898,898
    $24,734,016
    $25,632,914
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $515,000
      8.67 Acres

      31 Technology Dr

      SHOW ROOM, WAREHOUSE
      31 Technology Dr, Irvine, CA 92618-2302
      View Details
    • Value Estimation by Request
      5.50 Acres

      6440 Oak Cyn

      SHOW ROOM, WAREHOUSE
      6440 Oak Cyn, Irvine, CA 92618-5207
      View Details
    • Value Estimation
      $565,000
      1.28 Acres

      8717 Research Dr

      SHOW ROOM, WAREHOUSE
      8717 Research Dr, Irvine, CA 92618-4200
      View Details
    • Value Estimation
      $45,585,000
      233,722 SF

      1 Blizzard

      SHOW ROOM, WAREHOUSE
      1 Blizzard, Irvine, CA 92618-3628
      View Details
    • Value Estimation
      $3,310,000
      22,627 SF

      55 Fairbanks

      SHOW ROOM, WAREHOUSE
      55 Fairbanks, Irvine, CA 92618-1603
      View Details
    • Value Estimation
      $24,200,000
      71,873 SF

      10 Morgan, Unit 6

      SHOW ROOM, WAREHOUSE
      10 Morgan, Irvine, CA 92618-2003
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,140 SF

      15751 Rockfield Blvd, Irvine, CA 92618

      Medical Office Space
      15751 Rockfield Blvd, Irvine, CA 92618
      View Details
    • $498,000

      Established Dental Office in Irvine

      Well-established dental office in a high-income Irvine market.
      15415 Jeffrey Rd, Irvine, CA 92618
      View Details
    • Contact for pricing

      Orange County Land Parcels

      Land parcels available for sale in Orange County.
      I-405 Freeways, Irvine, CA 92618
      View Details
    • Contact for pricing
      4,900 SF

      Irvine Flex Property Investment Opportunity

      High-tech flex property in Irvine's business corridor, offering investment potential.
      61 Post, Irvine, CA 92618
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Irvine Spectrum R&D/Flex Building

      LEED-accredited R&D/flex building in Irvine Spectrum with freeway frontage.
      3 Glen Bell Way, Irvine, CA 92618
      View Details
    • $2.00 SF/Yr
      5,618 SF

      Irvine Office and Showroom Space

      Two-story office space with showroom potential in Irvine, CA.
      3 Oldfield, Irvine, CA 92618
      View Details
    • Contact for pricing

      9631 Irvine Center Drive, Irvine, CA 92618

      Office Spaces
      9631 Irvine Center Dr, Irvine, CA 92618
      View Details
    • Contact for pricing

      Freeway Visible Shopping Center Space

      Premier shopping center with freeway visibility and strong co-tenants.
      16163 Lake Forest Dr, Irvine, CA 92618
      View Details
    • $1.85 SF/Yr
      168,578 SF

      Irvine Warehouse: 168,578 SF Available

      Large industrial warehouse space for lease in Irvine, CA. Multiple units available.
      9755 Research Dr, Irvine, CA 92618
      View Details
    • Contact for pricing

      Irvine Office Space Available

      Office space available in Irvine, California, offering 8,000 SqFt.
      1 Wrigley, Irvine, CA 92618
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16300 Sand Canyon Ave
    Irvine, CA 92618
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    16300 Sand Canyon Ave, Irvine, CA, 92618
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!