18011 Mitchell S Irvine, CA 92614-6863
Property profile & analytics
18011 Mitchell S Irvine, CA 92614-6863
- Warehouses
- 36,035 SF
- 2.44 lot acres
Property ID
US09-2743781
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.
Location Intelligence
Current Use by Public Records
- VQ OrthoCare / Corporate Office
- Pacific American Life Science Learning Center / Training Center
- Maximum Medical, Inc / Geriatric Care Provider / Nursing Home
- Integrated Healthcare Solutions / (Bike/Boat/Book/etc) Store / Pharmacy
- Brace It Better / Corporate Office
Property Details for 18011 Mitchell S
- Year built
- 1978
- Lot size
- 2.44 lot acres
- Property size
- 36,035 SF
- Property type
- Warehouses
- APN
- 427-251-01
- APU
- 42725101
Description
This exceptional investment opportunity presents a fee-simple ownership of a 35,616-square-foot Tesla Collision Center in Irvine, California. The property, built in 1978 and renovated in 2024, sits on a 2.44-acre lot and boasts 135 parking spaces. Currently 100% occupied by Tesla under a triple-net (NNN) lease, this property offers a secure, long-term investment with a new 10-year lease featuring 3.50% annual rent increases throughout the initial term and options, with fair market value increases at the start of each option period. The lease includes two 5-year renewal options, demonstrating Tesla's strong commitment to the location. The property is zoned for multi-use (IBC) and benefits from its prime location at a hard-corner intersection with high daily traffic volume, excellent access to major freeways (State Highway 55, 73, and Interstate 405), and proximity to John Wayne Airport. The surrounding area features a dense concentration of retail establishments, including major shopping centers and numerous residential communities, creating a strong consumer base and synergistic tenant mix. The 5-mile trade area boasts a highly affluent population with average household incomes exceeding $128,000. This low-management investment opportunity is ideal for passive investors seeking a stable, high-growth asset in a thriving market. The property's APN is 427-251-01.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Irvine
- County
- Orange
- State
- California
- Longitude
- -117.864
- Latitude
- 33.6909
- 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
$122,247
$9,883,800
$1,078,390
$10,962,190
-
$0.00
$0.00
$0.00
