Property profile

8 Vanderbilt Irvine, CA 92618

OFF-MARKET
Industrial properties
Property ID
US09-2098627
11,205 SF 0.86 ac lot Built 1986
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 20,100-square-foot single-tenant property, located at 8 Vanderbilt in Irvine, California, presents a unique opportunity for businesses seeking versatile space. Situated in Orange County, this building boasts a desirable blend of office, flex, and warehouse capabilities, making it ideal for a variety of uses. Built in 1986, the property features a substantial 22-foot ceiling height, providing ample vertical space for storage or specialized equipment. The building's electrical capacity is robust, with 800-1200 amps available (buyer to verify). The entire 20,100 square feet is currently vacant, offering immediate occupancy for a new tenant. The property's address is 8 Vanderbilt, Irvine, CA 92618. Its convenient location within Orange County provides easy access to major transportation arteries, enhancing logistical efficiency. This single-tenant space offers the advantage of complete control and customization, allowing businesses to tailor the layout and functionality to their specific needs. The property type is classified as Office and Industrial, offering a flexible solution for diverse operational requirements. This is an excellent opportunity to secure a substantial and adaptable space in a prime Orange County location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Total area 11,205 SF
Lot 0.86 ac (37,637 SF)
APN 591-023-11
UPID US09-2098627

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply
  • Computer & Electronic Repair

Location

8 Vanderbilt Irvine, CA 92618-2081
Irvine metro Census 52408 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.23M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.80M

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2021
Price N/A
1997
$1.6M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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