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Property profile & analytics
OFF-MARKET Estimated value $21,135,000
Warehouses

2 Sterling Irvine, CA 92618-2516

6,701 SF 4.41 ac lot Built 1983
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1282816
Property summary
AI-generated overview

This exceptional 91,600-square-foot Class A industrial warehouse in Irvine, CA, is available for lease. Situated on a 4.4-acre lot in Orange County, this freestanding building offers a 36-foot clear height, 11 dock-high doors with bumpers, and one ground-level door. The property includes 8,200 square feet of office/mezzanine space, 74 parking stalls, and a concrete truck court. The building boasts 2.5% skylights, ESFR fire sprinklers with K-25 heads, and ample power: a 4,000-amp, 277/480-volt, 3-phase, 4-wire metered service. Column spacing is 56' x 50'. The building is designed for efficient operations and is pursuing LEED certification. This property presents a unique opportunity for businesses seeking a modern, high-quality warehouse space in a prime Irvine location. The building is currently entirely vacant and ready for immediate occupancy. The adjacent building, LogistiCenterSM at Irvine I, totaling 133,320 square feet, is also available for lease, offering the potential for a combined 224,920 square feet of space. The property's address is 2 Sterling, Irvine, CA 92618.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Total area 6,701 SF
Lot 4.41 ac (192,080 SF)
APN 590-051-04
UPID US09-1282816
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$21.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$21.14M
Owner & transaction history
Dpif4 Ca 44 Irvine II LLC · 2 yrs held
Dpif4 Ca 44 Irvine II LLC
since 2024
Last sale
$21.1M
7 recorded transactions
2024
Price N/A
2024
$21.1M
2016
Price N/A
2007
Price N/A
2002
$508,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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