564 Wald Irvine, CA 92618-4637
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.