Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    18012 Cowan Irvine, CA 92614-6800
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18012 Cowan Irvine, CA 92614-6800

    View on Map
    • Commercial real estate
    • 25,310 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Dec 2, 2025
    $9,175,000
    Property ID
    US10-3078065
    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.
    Value Estimations
    $8,650,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Davinci Meeting Rooms / Marketing & Advertising / Event Planning
    • WorkSpace Irvine / Coworking & Hybrid Office
    • Mammoth Media / Advertising Agency / Marketing & Advertising
    • Recruit 360 / Employment Agency
    • Exotics AutoHaus / Car Rental Facility

    Property Details for 18012 Cowan

    Year built
    1981
    Lot size
    1.00 lot acres
    Property size
    25,310 SF
    Property type
    Commercial real estate
    APN
    427-283-02
    APU
    42728302

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,060,000
      6.5%
      $6,520,000
      7%
      $6,055,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,732,000
      Market price range: $6.48M - $9.73M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $8,525,000
      Current use
      RETAIL STORES
      $12,335,000
      Change: +45% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $11,875,000
      Change: +39% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $11,290,000
      Change: +32% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $10,880,000
      Change: +28% Conversion: Moderate
      OFFICE BUILDING
      $10,860,000
      Change: +27% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $10,250,000
      Change: +20% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.865
    Latitude
    33.691
    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
    $84,420
    $5,432,043
    $2,144,403
    $7,576,446
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $505,000
      7.42 Acres

      5 Park Plz

      SHOW ROOM, WAREHOUSE • 7.42 Acres
      5 Park Plz, Irvine, CA 92614-5995
      View Details
    • Value Estimation by Request
      4.01 Acres

      3 Park Plza

      SHOW ROOM, WAREHOUSE • 4.01 Acres
      3 Park Plza, Irvine, CA 92614-8505
      View Details
    • Value Estimation by Request
      3.51 Acres

      17370 Red Hl Ave

      COMMERCIAL (GENERAL) • 3.51 Acres
      17370 Red Hl Ave, Irvine, CA 92614-5639
      View Details
    • Value Estimation by Request
      4.32 Acres

      17941 Von Karman Ave

      SHOW ROOM, WAREHOUSE • 4.32 Acres
      17941 Von Karman Ave, Irvine, CA 92614-6253
      View Details
    • Value Estimation by Request
      0.03 Acres

      17191 Macarthur Blvd

      SHOW ROOM, WAREHOUSE • 0.03 Acres
      17191 Macarthur Blvd, Irvine, CA 92614
      View Details
    • Value Estimation
      $640,000
      1.07 Acres

      1920 Main St

      SHOW ROOM, WAREHOUSE • 1.07 Acres
      1920 Main St, Irvine, CA 92614-7209
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,300 SF

      Irvine Warehouse: ±123,748 SF

      Large Irvine warehouse, ideal for vehicle storage. Multiple loading docks & high ceilings.
      17352 Armstrong Ave, Irvine, CA 92614
      View Details
    • Contact for pricing
      24,652 SF

      Industrial Building with Freeway Frontage

      Freestanding industrial building with immediate freeway access and ample parking.
      17872 Cowan, Irvine, CA 92614
      View Details
    • Contact for pricing
      50,820 SF

      Irvine Flex Space Opportunity

      Flex space near John Wayne Airport with multi-use zoning.
      17550 Gillette Ave, Irvine, CA 92614
      View Details
    • Contact for pricing
      271,106 SF

      Irvine Concourse Office Space

      Office suites available in Irvine Concourse near John Wayne Airport.
      2020 St Unit 750, Irvine, CA 92614
      View Details
    • $16,850,000
      34,026 SF

      Prime Irvine Mixed-Use Property

      1.91 Acres, 34,026 SF, High Potential
      17672 Cowan, Irvine, CA 92614
      View Details
    • Contact for pricing
      146,262 SF

      Free Standing Buildings in Irvine

      Three free standing buildings with office and warehouse space.
      17522-17572 Armstrong Ave, Irvine, CA 92614
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Irvine Flex Property For Rent

      Flex property in Irvine Business Complex with office and warehouse.
      17809-17819 Gillette Ave, Irvine, CA 92614
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 17305 Von Karman Ave, Irvine.
      17305 Von Karman Ave, Irvine, CA 92614
      View Details
    • Contact for pricing

      Class A Office Building

      13-story office building in Irvine business district for rent.
      2601-2603 Main St, Irvine, CA 92614
      View Details
    • Contact for pricing

      Irvine Flex Space For Rent

      Flex project in Irvine location with warehouse space and truck doors.
      2801-2823 Mcgaw Ave, Irvine, CA 92614
      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.
    18012 Cowan
    Irvine, CA 92614-6800
    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.
    Sign Up Successful!
    You now have access to more from Realmo!