Financial
Distress signals
Property profile

23 Corporate Plz Dr Newport Beach, CA 92660

OFF-MARKET
Showrooms
Property ID
US09-2922456
3 ac lot
Last sale Jan 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

23 Corporate Plaza offers exceptional coworking space in the heart of Newport Beach, Orange County. This Class A, two-story building provides single-tenant suites ranging from 100 to 1,000 square feet, perfect for individuals or small teams. The building features convenient elevator access. Its ideal location between Fashion Island and the Pacific Coast Highway (PCH) offers unparalleled access to major freeways (PCH 1, 405, 73, and 55), simplifying commutes. Enjoy the vibrant atmosphere of

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$298k
Tax billed · 2024
Assessed value$27.13M
Assessed land$13.37M
Assessed improvement$13.76M
Effective rate1.10%

Value estimate

· Sep 2026
$395k
$356k – $435k
AI approach$395k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$303/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$198 – $542

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.3
Convenience Store9.5
Garden Center9.2

Location

23 Corporate Plz Dr Newport Beach, CA 92660-7911
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2031 Orch, Newport Beach, CA 92660-0754 $7,000,000 Jan 2026 22,789 SF
4001 Macarthur, Newport Beach, CA 92660-2505 $12,600,000 Jul 2025 55,364 SF
2111 Bristol, Newport Beach, CA 92660-1758 $1,421,000 Jun 2025 1,344 SF
2172 Bristol, Newport Beach, CA 92660-1729 $550,000 May 2025 2,571 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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