Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9201 Research Dr Irvine, CA 92618-4286

    • Office Properties & Spaces
    OFF-MARKET
    Last Sale
    Mar 22, 2021
    $2,355,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1459466
    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.

    Current Use by Public Records

    • Southwest Group Engineering Consultants, Inc. / Engineering Consultant

    Property Details for 9201 Research Dr

    Property type
    Office Properties & Spaces
    APN
    931-372-23
    APU
    93137223

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.735
    Latitude
    33.638
    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
    $25,832
    $1,527,979
    $971,005
    $2,498,984
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,477 SF

      22 Odyssey

      Medical offices • 2,477 SF
      22 Odyssey, Irvine, CA 92618
      View Details
    • Value Estimation by Request

      9225 Research Dr

      CONDOMINIUM OFFICES
      9225 Research Dr, Irvine, CA 92618-4286
      View Details
    • Value Estimation by Request

      76 Discovery

      CONDOMINIUM OFFICES
      76 Discovery, Irvine, CA 92618-3105
      View Details
    • Value Estimation by Request

      22 Odyssey Ste, Unit 100

      CONDOMINIUM OFFICES
      22 Odyssey Ste, Irvine, CA 92618-3186
      View Details
    • Value Estimation by Request

      18 Endeavor Ste, Unit 100

      CONDOMINIUM OFFICES
      18 Endeavor Ste, Irvine, CA 92618-3180
      View Details
    • Value Estimation by Request

      9891 Irvine Ctr Dr Ste, Unit 110

      CONDOMINIUM OFFICES
      9891 Irvine Ctr Dr Ste, Irvine, CA 92618-4318
      View Details

    Similar Nearby for Sale

    • $3,500,000
      5,875 SF

      Irvine Office Condo - Prime Location

      Modern Office Condo, Warehouse Space, Solar Power
      564 Wald, Irvine, CA 92618
      View Details
    • $2,749,000
      4,950 SF

      Irvine Office Building - $2.75M

      Prestigious Irvine office space, ideal location.
      16500 Bake Pkwy, Irvine, CA 92618
      View Details
    • Contact for pricing
      2,575 SF

      Irvine Office Space Near Freeways

      Office space with immediate freeway access and nearby amenities.
      16521 Scientific, Irvine, CA 92618
      View Details
    • $3,436,200
      4,980 SF

      High Image Irvine Spectrum Building

      Rare 4,980 SF medical/office building in Irvine Spectrum.
      108 Discovery, Irvine, CA 92618
      View Details
    • $1,350,000
      2,158 SF

      Irvine Flex Condo For Sale

      Versatile 2,158 SF flex condo in Irvine business park.
      9630 Research Dr, Irvine, CA 92618
      View Details
    • $2,000,000
      63,430 SF

      Irvine Spectrum Medical Office Building

      Class B medical office building in Irvine Spectrum, built in 2008.
      113 Waterworks Way, Irvine, CA 92618
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      157,954 SF

      Irvine Spectrum Office/Warehouse Space

      Modern Irvine office & warehouse suites available.
      184-220 Technology Dr, Irvine, CA 92618
      View Details
    • Contact for pricing
      19,100 SF

      Irvine Office Space: 60 Bunsen

      Prime Irvine Office, 3,911 SF Available
      60 Bunsen, Irvine, CA 92618
      View Details
    • Contact for pricing
      21,327 SF

      Irvine Office/Industrial Space For Lease

      Multiple Suites Available, 1,568-7,603 SF
      9999 Muirlands Blvd, Irvine, CA 92618
      View Details
    • Contact for pricing
      22,482 SF

      Prime Irvine Executive Office Suites

      Modern Irvine office space, 1,000-2,000 sq ft.
      13700 Alton Pkwy, Irvine, CA 92618
      View Details
    • $1.79 SF/Yr
      88,112 SF

      Irvine Spectrum Center Office Space

      Modern Flex Space, Irvine, CA
      23-27 Mauchly, Irvine, CA 92618
      View Details
    • $1.60 SF/Yr
      157,954 SF

      Spectrum Tech Center Office Suites

      Irvine Executive Offices, 800-4812 SF
      184-220 Technology Dr, 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.
    9201 Research Dr
    Irvine, CA 92618-4286
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.