Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1015 Chestnut Ave Carlsbad, CA 92008

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $390,000

    Beach-close, turnkey office suite

    Property Features for 1015 Chestnut Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1984

    We can help!

    Listing Contact
    Trevor Bodi

    Listing Agency: Realty One Group Pacific Listing Agent: Trevor Bodi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Own this exceptional turnkey office suite in Olde Carlsbad, ideally situated less than a mile from the beach and conveniently located off the 5 Freeway between the Tamarack and Carlsbad Village Drive exits. This second-floor unit boasts a desirable location within the Chestnut Plaza complex, offering easy access and high visibility. Upon entering, you'll find a welcoming reception area, followed by a smaller office and a larger office, both enjoying pleasant north-facing views of Holiday Park. A rare feature for this complex, the suite includes a private bathroom and a convenient wash area. Completely remodeled in 2022, this move-in ready space features brand new flooring, paint, baseboards, countertops, electrical, plumbing, and tile. The strategic location, combined with the recent renovations and desirable amenities, makes this an exceptional opportunity for establishing a thriving business. This is a truly turnkey operation, ready for immediate occupancy. The asking price is $390,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bud Tovar - State ... Insurance Agency Law Offices of Richard ... Law Firm Law Offices of Gregory ... Law Firm DeVito & Nore, A.P.C. ... Law Firm Aro Partners Financial Advisor

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.3389
    Latitude
    33.158

    Nearby Similar for Sale

    • $2,650,000
      2,822 SF

      Carlsbad Estate with Ocean Views

      Carlsbad estate featuring a main residence, guest house, and ADU.
      2645 Highland Dr, Carlsbad, CA 92008
      View Details
    • $2,100,000
      4,430 SF

      Carlsbad Duplex with Income Potential

      Updated duplex in a quiet Carlsbad neighborhood with rental income potential.
      6809 Corintia St, Carlsbad, CA 92009
      View Details
    • $2,595,000
      2,110 SF

      Renovated Carlsbad Income Property

      Completely renovated triplex near Carlsbad Village and beaches.
      735 Pine Ave, Carlsbad, CA 92008
      View Details
    • $684,999
      1,646 SF

      Remodeled Home in Rancho Carlsbad Estates

      Remodeled 3-bedroom, 2-bath home in a 55+ Carlsbad community.
      3466 Don Lorenzo Dr, Carlsbad, CA 92010
      View Details
    • $4,995,000
      12 SF

      Carlsbad Office Building For Sale

      Two-story office building in Carlsbad Raceway Business Park.
      3172 Lionshead Ave, Carlsbad, CA 92010
      View Details
    • $3,125,000
      3,721 SF

      Coastal 4-Plex Investment Opportunity

      Rare coastal 4-plex near the beach with income potential.
      160 Hemlock Ave, Carlsbad, CA 92008
      View Details
    • $435,000
      1,544 SF

      Lakeshore Gardens 55+ Community Home

      Located in a 55+ gated community with many amenities.
      7024 San Bartolo #19, Carlsbad, CA 92011
      View Details
    • $1,975,000

      Carlsbad Duplex Near Beach

      Two charming rental units near Carlsbad Village and the beach.
      3258 Tyler St, Carlsbad, CA 92008
      View Details
    • $1,795,000
      2,677 SF

      Versatile Home with Rental Income

      Charming La Costa home with in-law suite and guest house.
      6732 Antilope St, Carlsbad, CA 92009
      View Details
    • $5,100,000
      0.11 Acres

      Carlsbad Beachside Multifamily Investment

      Seven-unit apartment complex near beach
      141 Cherry Ave, Carlsbad, CA 92008
      View Details
    • $7,500,000
      21 SF

      Carlsbad Industrial Building For Sale

      21,743 SF industrial building in Carlsbad, available February 2026.
      2261 Rutherford Rd, Carlsbad, CA 92008
      View Details
    • $9,806,160
      46,696 SF

      Carlsbad Class A Office Building

      Prime Carlsbad location, value-add opportunity.
      1917 Palomar Oaks Way, Carlsbad, CA 92008
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Beach-close, turnkey office suite
    Where is this commercial real estate located?
    The property is located at 1015 Chestnut Ave Carlsbad, CA.
    What is the asking price?
    The asking price for this property is $390,000.
    (760) 496-0760
    Request Owner's contact information
    1015 Chestnut Ave Carlsbad, CA 92008
    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.
    1015 Chestnut Ave
    Carlsbad, CA 92008
    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
    1015 Chestnut Ave Carlsbad, CA 92008
    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

    We can help!
    Listing Contact
    Trevor Bodi
    Real Estate License ID: 02107433
    (760) 496-0760
    Learn more
    Google sign-in failed. Please try again or use another login method.