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    Property profile & analytics

    2991 Michelson Dr Irvine, CA 92612-0623

    • Showrooms
    • 8.53 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-2715607
    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.

    Current Use by Public Records

    • Houston's / American Restaurant / Restaurant

    Property Details for 2991 Michelson Dr

    Lot size
    8.53 lot acres
    Property type
    Showrooms
    APN
    445-211-01
    APU
    44521101

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.846
    Latitude
    33.6727
    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
    2016
    $0.00
    $26,937,946
    $11,905,473
    $38,843,419
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      11.29 Acres

      3345 Michelson Dr

      SHOW ROOM, WAREHOUSE • 11.29 Acres
      3345 Michelson Dr, Irvine, CA 92612-0692
      View Details
    • Value Estimation by Request
      5.00 Acres

      19800 Macarthur Blvd, Unit P

      SHOW ROOM, WAREHOUSE • 5.00 Acres
      19800 Macarthur Blvd, Irvine, CA 92612-2421
      View Details
    • Value Estimation by Request
      226,521 SF

      18200 Von Karman Ave

      SHOW ROOM, WAREHOUSE • 226,521 SF
      18200 Von Karman Ave, Irvine, CA 92612-1023
      View Details
    • Value Estimation by Request
      4.59 Acres

      2600 Michelson Dr

      SHOW ROOM, WAREHOUSE • 4.59 Acres
      2600 Michelson Dr, Irvine, CA 92612-1550
      View Details
    • Value Estimation by Request
      1.14 Acres

      Irvine, CA 92612

      SHOW ROOM, WAREHOUSE • 1.14 Acres
      Irvine, CA 92612
      View Details
    • Value Estimation by Request
      0.33 Acres

      2242 Dupont Dr

      SHOW ROOM, WAREHOUSE • 0.33 Acres
      2242 Dupont Dr, Irvine, CA 92612
      View Details

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    Property Visit Statistics

    • Visits by month
      18.7k
    • Visitors by month
      16.0k
    • Avg Time on site
      77 min
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    2991 Michelson Dr
    Irvine, CA 92612-0623
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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
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