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Property profile & analytics
OFF-MARKET Estimated value $8,585,000
Showrooms

8687 Research Dr Irvine, CA 92618-4289

1.56 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US10-3303700
Property summary
AI-generated overview

This exceptional Class A creative office building, located at 8687 Research Drive in Irvine's vibrant Spectrum submarket, presents a unique opportunity for a single tenant or multiple users. The property boasts a total of 22,091 square feet across two stories, with a minimum divisible space of 4,726 square feet and the possibility of leasing the entire building contiguously. Completely renovated in 2023, the building offers modern amenities and a desirable workspace. The 1.56-acre lot (67,839 square feet) features ample parking with 88 spaces. Building features include one elevator and a building floor area ratio (FAR) of 0.33. The property is zoned 5.4 (A) and has an APN of 588-174-03 in Orange County, California. The building was originally constructed in 1999 and enjoys a prime location with easy access to Research Drive and Bunsen. Property taxes are $5.16 per square foot. The entire 22,091 square feet is currently vacant, providing flexibility for a variety of business needs. This is an ideal opportunity to establish a presence in a sought-after Irvine location. The address is 8687 Research Dr, Irvine, CA 92618.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Lot 1.56 ac (67,839 SF)
APN 588-174-03
UPID US10-3303700
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
Current use
Occupant on record · Public records
  • Gumball Big Box & Wholesale Store
  • Big Purple Dot (Bike/Boat/Book/etc) Store Corporate Office
  • Vision Kitchen Bath Bathroom Renovation Irvine Construction Company
  • Thompson Aerospace Freight Service Logistics Company
  • Studio Oh Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.56M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.59M
Owner & transaction history
Group Benefit Plan Agmt & Declarati
Group Benefit Plan Agmt & Declarati
since 2025
Last sale
$8.6M
4 recorded transactions
2025
$8.6M
2022
$10.6M
2017
Price N/A
2007
$7.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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