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Property profile & analytics
OFF-MARKET
Estimated value
$8,650,000
Commercial real estate
18012 Cowan Irvine, CA 92614-6800
Individually Owned
~
Est. High Equity
Property ID
US10-3078065
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1981
Total area
25,310 SF
Lot
1 ac (43,512 SF)
APN
427-283-02
UPID
US10-3078065
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.52M
Comparable Approach
Comparable
$9.73M
Blend (final)
Blend
$8.65M
Owner & transaction history
Arkham Technology Limited
Arkham Technology Limited
since 2025
Last sale
$9.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$12.3M
+44.7%
Neighborhood: shopping center
$11.9M
+39.3%
Auto repair, garage
$11.3M
+32.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Irvine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irvine submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,060,000
6.5%
$6,520,000
7%
$6,055,000
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
Blend value · Realmo final
$8.65M
Range $7.79M – $9.52M · ±10% · vs last sale $9.18M (Dec 2 2025)
Last sale anchor
$9.18M
Dec 2 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$342 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$84,420
Tax year 2024
Assessed value
$7,576,446
Assessed 2024
Previous assessed
$7,576,446
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$5,432,043
Assessed improvement
$2,144,403
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1981
Heating
NONE
Stories
2
Total area
25,310 SF
Lot
1 ac (43,512 SF)
APN
427-283-02
UPID
US10-3078065
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$8.5M
RETAIL STORES
Est. value
$12.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.9M
AUTO REPAIR, GARAGE
Est. value
$11.3M
INDUSTRIAL (GENERAL)
Est. value
$10.9M
OFFICE BUILDING
Est. value
$10.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.3M
COMMERCIAL (GENERAL) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Stories
2
Lot
1 ac
Current owner
From public records · entity-resolved
Arkham Technology Limited
Individual
Mailing address
18012 COWAN STE #200, IRVINE, CA 92614-6823
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2025
—
Arkham Technology Limited
Bluetree Management LLC
Deed
$3,796,000 · Business Finance Capital
Dec 2, 2025
$9,175,000
Bluetree Management LLC
Cowan Irvine LLC
Grant Deed
$4,614,000 · Everbank NA
Dec 28, 2020
—
Cowan Irvine LLC
—
Deed
related
$5,582,250 · Western Alliance Bank
Aug 1, 2019
$7,066,500
Cowan Irvine LLC
Cowan Investments LLC
Grant Deed
related
$5,400,000 · Calprivate Bk
Jul 27, 1993
—
Rutter Trust
Island View Part
Grant Deed
related
—
—
—
Island View Partnership
—
Deed Of Trust
related
$500,000 · Individual
—
—
Cowan Investments LLC
—
Deed Of Trust
related
$3,000,000 · Miscellaneous Ins Co
—
—
Cowan Investments LLC
—
Deed Of Trust
related
$1,400,000 · Pacific Western Bank
—
—
Cowan Investments LLC
—
Deed Of Trust
related
$3,875,000 · Pacific Western Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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