18231 Irvine Blvd Tustin, CA 92780-3432
- Showrooms
- 5,000 SF
- 0.05 lot acres
Current Use by Public Records
- Dr. Jeffrey E. Sudeith, MD / Internist / Occupational Medical Physician
- Radiant Physician Group / Medical Clinic / Family Practice Physician
- R 2 Media Inc / Advertising Agency
- Contest Factory / Corporate Office
- Eco & Associates, Inc. / Environmental Consultant
Property Details for 18231 Irvine Blvd
- Year built
- 1985
- Lot size
- 0.05 lot acres
- Property size
- 5,000 SF
- Property type
- Showrooms
- APN
- 401-161-01
- APU
- 40116101
Description
This exceptional 18,226-square-foot executive office building in Tustin, California, presents a unique owner-user opportunity. Located at 18231 Irvine Blvd, this freestanding building boasts a prominent corner lot with excellent street visibility and signage potential. The property features a flexible layout currently configured as a multi-tenant building with two suites on the ground floor and three suites on the second floor, offering adaptability for various occupancy needs. Ample parking is provided with 60 surface stalls. The building's prime location offers easy access to major freeways (5, 22, and 55), placing it within approximately 15 minutes of John Wayne Airport and Disneyland. Nearby amenities include numerous dining, banking, and shopping options, enhancing the convenience and appeal of this property. The asking price is $6,700,000, translating to $367.61 per square foot. This represents a compelling investment for a business seeking a high-profile location with significant operational flexibility. The property is situated in Orange County, California, with a 92780 zip code. This is an ideal opportunity for a company seeking to establish a strong presence in a thriving Southern California market. The building's size and configuration provide ample space for expansion or consolidation, making it a versatile option for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,965,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,835,000
- 6.5%
- $4,465,000
- 7%
- $4,710,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,590,000
- Geo Method
- $4,395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,025,000
- Retail
- $3,575,000
- Mixed-Use
- $4,005,000
- Hospitality
- $4,690,000
- Educational
- $4,340,000
- Residential Income
- $4,240,000
- Energy
- $4,255,000
- Income-Based Land
- $4,125,000
- Food Service
- $4,265,000
Location Insight
- Map
- Local Demand
- City
- Tustin
- County
- Orange
- State
- California
- Longitude
- -117.816
- Latitude
- 33.7485
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
