16500 Bake Pkwy Irvine, CA 92618
This exceptional 4,950 square foot office building, situated on a 0.06-acre lot in the prestigious Bacchus Office Park in Irvine, CA, presents a unique investment or owner-occupancy opportunity. The property boasts a striking double-door lobby entrance featuring a floor-to-ceiling water wall, setting a sophisticated tone for the entire space. Suite 100 includes a large glass-walled conference room overlooking the lobby's water feature, an executive office, and two open work areas currently configured for nine workstations, plus a spacious copy/file room. Suite 200 offers two executive offices and a large workstation area currently accommodating twenty workstations. Shared amenities include restrooms and a kitchenette within the lobby. High-end finishes throughout, including a magnetic lock security system, an enhanced dropped ceiling design, and Cat 6 phone and internet cabling, reflect a commitment to quality. Creative features such as full-wall whiteboard space and multi-tiered ceilings add to the modern appeal. The building benefits from excellent visibility, with signage facing Bake Parkway and the parking lot. Located in the highly desirable Irvine Spectrum area, it offers immediate access to the 5, 405, and 133 freeways. Zoned 4.2D-Community Commercial (not R&D), it's perfect for general office use, with a 4:1000 parking ratio. The building is divisible by floor. Most furniture and fixtures are available for purchase at a reasonable price. Please note that photos are not current
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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