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    17672 Cowan Irvine, CA 92614

    Sponsored
    For Sale
    $16,850,000

    Prime Irvine location, versatile space, recent renovations.

    Property size:
    34,026 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property in Irvine, CA, offers 34,026 square feet of space ideal for a variety of uses, including medical office, R&D, and light manufacturing. Located at 17672 Cowan #B, this two-story, Class B building sits on a 1.906-acre lot and boasts recent renovations (2020-2021) including a modernized façade with Lucabond panels and metal columns, upgraded HVAC systems, new flooring, and enhanced power supply. The interior features approximately 17,033 square feet of two-story office space with extensive skylights, creating a bright and inviting work environment. The property also includes 148 parking spaces (a 3:1,000 sq ft ratio), one ground-level loading dock, and a minimum 14-foot warehouse clearance. Built in 1981, the property is zoned 5.1 and features functional landscaping. Its strategic location provides easy access to major freeways (405, 55, and 73). The asking price is $16,850,000 ($495.21/sq ft), making it an attractive owner/user investment opportunity. The property's versatile design and prime location make it an ideal choice for businesses seeking a prominent and functional presence in Irvine. APN: 42727112. This is a 1031 exchange eligible property.

    Property Features for 17672 Cowan

    General Information

    Property type
    Life science properties
    Square Feet
    34,026 SF
    Class
    B
    Lot Size
    83,025 SF

    Building Details

    Year Built
    1981
    Stories
    2

    HighLights

    • $16,850,000 asking price for a 34,026 square foot mixed‑use property.
    • Prime Irvine, CA location, zoned 5.1.
    • Versatile property suitable for medical office, R&D, flex, warehouse, and distribution uses.
    • 1.9 acres with 148 parking spaces (3/1000 sq ft ratio).
    • Recently renovated (2020‑2021) with modern amenities including new HVAC, upgraded flooring, and exterior improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Progenity Laboratory Bach Diagnostics Diagnostic Center

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.8570026
    Latitude
    33.693284

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    FAQs

    What type of property is this?
    Life science property - Prime Irvine location, versatile space, recent renovations.
    Where is this life science property located?
    The property is located at 17672 Cowan Irvine, CA.
    What is the asking price?
    The asking price for this property is $16,850,000.
    What are key features of this property?
    This property features: $16,850,000 asking price for a 34,026 square foot mixed-use property.; Prime Irvine, CA location, zoned 5.1.; Versatile property suitable for medical office, R&D, flex, warehouse, and distribution uses.
    Request Owner's contact information
    17672 Cowan Irvine, CA 92614
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    Irvine, CA 92614
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    Realmo Value Estimation

    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.

    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.

    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
    17672 Cowan Irvine, CA 92614
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