Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    564 Wald Irvine, CA 92618-4637
    Back to Search
    Property profile & analytics

    564 Wald, Irvine, CA 92618-4637

    View on Map
    • Industrial properties
    Off-Market
    Last Sale Nov 26, 2025
    $3,100,000
    Property ID
    US10-3185780
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,100,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Eternax Solar LLC / Production Facility
    • Target Technology Co / Electronics & Wireless Store

    Property Details for 564 Wald

    Property type
    Industrial properties
    APN
    931-361-59
    APU
    93136159

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 26, 2025 $3,100,000 Prop Irvine LLC The Nee Family Trust Grant Deed $1.9M · Velocity Commercial Capital LLC
    May 14, 2018 — Han H Nee — Deed · related $455k · East West Bank
    Jan 30, 2017 — Han H Nee — Deed · related $1M · Royal Business Bank
    Jul 12, 2007 — Nee Family Trust Nee,han H & Alice H Quit Claim Deed · related —
    May 21, 2007 $849,000 Han H Nee Target Technology Co LLC Grant Deed —
    Nov 23, 2004 — Target Technology Co LLC Hla Wald LLC Grant Deed · related —
    — — Target Technology Co LLC — Deed Of Trust · related $930k · United Commercial Bank
    — — Target Technology Co LLC — Deed Of Trust · related $930k · Far East National Bank
    — — Target Technology Co LLC — Deed Of Trust · related $1M · United Commercial Bank
    — — Nee Family Trust — Deed Of Trust · related $1M · East West Bank

    Description

    This exceptional 5,875 square foot office condo, situated on a 0.52-acre lot in Irvine's desirable Spectrum area, presents a unique investment opportunity. Built in 2004, this two-story corner unit boasts a thoughtfully designed layout, ideal for a variety of businesses. The ground floor encompasses three private offices, a conference room, an open bullpen workspace, a dedicated server room, two bathrooms, and a combined storage/break room area. Adding to its functionality is approximately 1,400 square feet of warehouse or R&D space, complete with a convenient roll-up door and loading bay, perfect for storage or light manufacturing needs. The second floor mirrors the efficiency of the first, featuring three additional private offices, another bullpen area, a break room, and a bathroom. A significant advantage is the presence of 60 solar panels, fully paid for, offering substantial long-term energy cost savings. The property is zoned 5.4A, providing flexibility for various business uses. This turnkey office condo offers immediate occupancy and is priced at $3,500,000. Its prime location, modern amenities, and energy-efficient features make it an attractive proposition for discerning buyers seeking a high-quality commercial space in a thriving Irvine business district.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.735
    Latitude
    33.6319
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $24,952
    $1,609,063
    $623,914
    $2,232,977
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      430 Goddard, Unit 11

      CONDOMINIUMS (INDUSTRIAL)
      430 Goddard, Irvine, CA 92618-4610
      View Details
    • Value Estimation by Request

      380 Goddard, Unit 6

      CONDOMINIUMS (INDUSTRIAL)
      380 Goddard, Irvine, CA 92618-4601
      View Details
    • Value Estimation by Request
      0.38 Acres

      9351 Irvine Blvd

      INDUSTRIAL (GENERAL)
      9351 Irvine Blvd, Irvine, CA 92618-1669
      View Details
    • Value Estimation by Request

      9601 Irvine Ctr Dr

      CONDOMINIUMS (INDUSTRIAL)
      9601 Irvine Ctr Dr, Irvine, CA 92618-4652
      View Details
    • Value Estimation by Request

      9501 Irvine Ctr Dr

      CONDOMINIUMS (INDUSTRIAL)
      9501 Irvine Ctr Dr, Irvine, CA 92618-4654
      View Details
    • Value Estimation by Request

      9531 Irvine Ctr Dr

      CONDOMINIUMS (INDUSTRIAL)
      9531 Irvine Ctr Dr, Irvine, CA 92618-4654
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      39,696 SF

      Irvine Industrial Property For Sale

      39,696 SqFt industrial property available in Irvine, CA.
      15 Whatney, Irvine, CA 92618
      View Details
    • Contact for pricing
      4,900 SF

      Irvine Flex Property Investment Opportunity

      High-tech flex property in Irvine's business corridor, offering investment potential.
      61 Post, Irvine, CA 92618
      View Details
    • Contact for pricing
      5,350 SF

      High-Image Industrial/Flex Condo For Sale

      5,350 SF industrial/flex condo with office space and loading doors.
      32 Mauchly, Irvine, CA 92618
      View Details
    • Contact for pricing
      77,297 SF

      Freestanding Industrial Building For Sale

      Freestanding industrial building featuring a secured truck court.
      19 Hughes, Irvine, CA 92618
      View Details
    • Contact for pricing
      71,640 SF

      Freestanding Warehouse with Secured Truck

      71,640 SF warehouse featuring a secured truck court.
      23 Hughes, Irvine, CA 92618
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      28,626 SF

      Irvine Industrial Property for Rent

      Industrial property available for lease in Irvine, California.
      9750 Irvine Blvd, Irvine, CA 92618
      View Details
    • Contact for pricing

      Leased Industrial Property in Irvine

      Fully leased industrial building in Irvine, California.
      16 Goodyear, Irvine, CA 92618
      View Details
    • Contact for pricing

      Irvine Office and Industrial Space

      Single tenant office and industrial space available for rent.
      6400 Oak Cyn, Irvine, CA 92618
      View Details
    • Contact for pricing
      1,750 SF

      Irvine Industrial Property For Rent

      Industrial property in Irvine, CA, currently 100% leased.
      12 Hughes, Irvine, CA 92618
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    564 Wald
    Irvine, CA 92618-4637
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    564 Wald, Irvine, CA, 92618
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!