16601 Hale AveIrvine, CA 92606

Property Details for 16601 Hale Ave

Year built

1973

Lot size

1.67 AC

Property size (Sq ft)

27,969 SF

Property type

Flex space

APN

435-061-10

APU

43506110

Description

This exceptional 29,967-square-foot freestanding industrial/R&D building is available for lease in Irvine, California. Situated on a 1.67-acre lot, this single-tenant property offers a spacious and versatile layout ideal for various industrial or research and development uses. The building features a single story with ceiling heights ranging from 10 to 16 feet, providing ample vertical space for operations and storage. Loading is facilitated by one dock. Ample parking is available with 100 stalls, offering a generous 3:1 ratio. The property boasts a robust 1,200-amp, 480/277-volt electrical panel, ensuring sufficient power for demanding operations. Located at 16601 Hale Ave, Irvine, CA 92606, this property is zoned 5.1 IBC Multi-Use (City of Irvine) within Orange County. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy this well-equipped facility. This prime location offers easy access to major transportation arteries, making it an attractive option for businesses seeking efficient logistics and a strategic presence in the thriving Irvine market. The property's size, features, and location combine to create an exceptional opportunity for a discerning tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $17,723,300

  6.5%

  $16,360,000

  7%

  $15,191,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,750,800

  Geo Method

  $15,750,800

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $8,288,390

  Mixed-Use / Specialty

  $8,179,320

  Hospitality / Lodging

  $5,897,370

  Office

  $8,047,890

  Institutional / Educational

  $8,474,770

  Residential Income

  $9,915,480

  Multifamily

  $12,333,000

  Automotive / Energy

  $7,264,090

  Parking / Income-Based Land

  $2,585,320

  Restaurant / Food Service

  $4,084,410

  Healthcare / Senior Housing

  $8,469,290

Location Insight

City

Irvine

County

Orange

State

California

Latitude

33.6959

Longitude

-117.832

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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