Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    19200 Von Karman Ave Irvine, CA 92612
    Property profile & analytics

    19200 Von Karman Ave, Irvine, CA 92612

    View on Map
    • Office Spaces
    • 3,725 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Computer World / (Bike/Boat/Book/etc) Store / Corporate Office
    • Domtar Paper Co LLC / Industrial Manufacturer / Production Facility
    • my true cloud / (Bike/Boat/Book/etc) Store / Corporate Office
    • Faulkner & Associates / Law Firm
    • Lalloway Law Firm / Law Firm

    Property Details for 19200 Von Karman Ave

    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    The Atrium, located at 19200 Von Karman Ave, Suite 400, Irvine, CA 92612, offers executive office suites in a highly desirable Orange County location. This iconic building boasts 3,725 total square feet, with 1,252 square feet currently vacant and available for lease. Individual suites range from a minimum of 74 square feet to a maximum contiguous space of 360 square feet, providing flexibility for businesses of various sizes. The building features generous interior spaces and spectacular views, complemented by the convenience of the Bistango Restaurant located on the ground floor. Its prime location between MacArthur Blvd and Jamboree Road places it within easy reach of world-class dining and shopping at South Coast Plaza and Fashion Island. Furthermore, The Atrium enjoys excellent access to major transportation arteries, including John Wayne International Airport (SNA) and the 405, 55, and 73 Freeways. This multiple-tenancy building presents a unique opportunity for businesses seeking a prestigious and well-connected address in Irvine. The property is classified as an Executive Office, Professional space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.858
    Latitude
    33.6706

    Comparable in this City

    • Value Estimation by Request

      7020 Scholarshipg10

      CONDOMINIUM OFFICES
      7020 Scholarshipg10, Irvine, CA 92612-4422
      View Details
    • Value Estimation by Request

      7040 Scholarshipa23

      CONDOMINIUM OFFICES
      7040 Scholarshipa23, Irvine, CA 92612-4422
      View Details
    • Value Estimation by Request

      7040 Scholarshipl11

      CONDOMINIUM OFFICES
      7040 Scholarshipl11, Irvine, CA 92612-4422
      View Details
    • Value Estimation by Request

      7020 Scholarshipa13

      CONDOMINIUM OFFICES
      7020 Scholarshipa13, Irvine, CA 92612-4422
      View Details
    • Value Estimation by Request

      18850 Von Karman Ave, Unit C1

      CONDOMINIUM OFFICES
      18850 Von Karman Ave, Irvine, CA 92612-6575
      View Details
    • Value Estimation by Request

      18851 Bardeen Ave, Unit 1

      CONDOMINIUM OFFICES
      18851 Bardeen Ave, Irvine, CA 92612-1520
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,500 SF

      Irvine Office Building For Sale

      Two-story office building in Irvine Business Complex.
      18851 Bardeen Ave, Irvine, CA 92612
      View Details
    • Contact for pricing

      Profitable Nail Bar in Irvine

      High-income nail bar for sale in prime Irvine location.
      B153-4237 Campus Dr, Irvine, CA 92612
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,673 SF

      Irvine Office Space Available

      Office space available for rent in Irvine, California.
      2211 Michelson Dr, Irvine, CA 92612
      View Details
    • Contact for pricing
      494,303 SF

      Premier Office Space in Irvine

      175,000 SF divisible office space in vibrant campus environment.
      3351 Michelson Dr, Irvine, CA 92612
      View Details
    • Contact for pricing
      494,303 SF

      Premier Office Space in Irvine

      175,000 SF office space for lease in Irvine, CA.
      3345 Michelson Dr, Irvine, CA 92612
      View Details
    • Contact for pricing
      494,303 SF

      Premier Office Space in Irvine

      175,000 SF office block for lease in vibrant campus.
      3337 Michelson Dr, Irvine, CA 92612
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease in Irvine, California.
      19712 Macarthur Blvd, Irvine, CA 92612
      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.
    19200 Von Karman Ave
    Irvine, CA 92612
    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

    Thank You for Inquiry
    19200 Von Karman Ave, Irvine, CA, 92612
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!