Entity Owned 
For Lease
1 / 3
$21,265,000
16755 Von Karman Ave, Irvine, CA 92606
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Property summary
AI-generated overview
This exceptional Irvine office space at 16755 Von Karman Avenue, Suite 200, offers a variety of executive office and coworking options within a 3,956 square foot building in Orange County, CA. Currently, 1,012 square feet are available, divisible into units ranging from 90 to 290 contiguous square feet. The property features complimentary surface parking, a significant advantage in this desirable location. The building boasts a recently updated exterior and bright interiors, creating a welcoming atmosphere for clients and employees. A large boardroom, accommodating up to 14 guests, is also available for use. This central South Orange County location provides unparalleled convenience, with easy access to the 405, 5, and 55 freeways, and proximity to The District. The property is ideal for businesses seeking flexible, high-quality office space in a vibrant and accessible location. New clients can enjoy up to 25% off with a 12-month agreement. The zip code is 92606.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1984
Total area
159,208 SF
Lot
8.23 ac (358,498 SF)
APN
435-021-38
UPID
US09-3199952
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
Law Firm
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Civil Engineer
-
Counselor Construction
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.27M
Owner & transaction history
since 2026
3 recorded transactions
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$21.27M
Value range
$19.14M – $23.39M
±10% around blend
Estimated value / SF
$134 / SF
Confidence
Property data
75
Market benchmarks
67
Comparable evidence
60
$19.14M
blend $21.27M
$23.39M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
159,208 SF
Lot area
8.23 ac
Year built
1984
APN
435-021-38
Assessed value
$33,102,613
Annual tax
$354,533
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$21.27M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 43 sales
$351
-62%
County 1456 sales
$479
-72%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $134/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$33.10M
Move the market yield to see immediate price impact.
Value / SF
$208
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2.09M
$41.71M
$29.79M
$23.17M
$2.32M
$46.34M
$33.10M
$25.75M
$2.55M
$50.98M
$36.41M
$28.32M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$354,533
Tax year 2024
Assessed value
$33,102,613
Assessed 2024
Previous assessed
$33,102,613
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$15,410,938
Assessed improvement
$17,691,675
Applied tax rate
26.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1984
Heating
NONE
Total area
159,208 SF
Lot
8.23 ac (358,498 SF)
APN
435-021-38
UPID
US09-3199952
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
8.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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