Add Listing
    For Lease
    • 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

    5924 Balfour Ct Carlsbad, CA 92008

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex space featuring office, R&D, and warehouse areas.

    Property size:
    11,699 SF
    Lot size:
    1.55 Acres

    Property Features for 5924 Balfour Ct

    General Information

    Size
    11,699 SF
    Lot size
    1.55 Acres

    We can help!

    Listing Contact
    Chris Baumgart, Sior
    Source: Moodyscre

    Listing Agent: Chris Baumgart, Sior

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

    Learn more

    Property Insight Report

    Overview

    Carlsbad Flex Space Available

    This flex space property in Carlsbad, California, offers a combination of improved office and R&D space, comprising 70-75% of the total area, with the remaining area designated as warehouse space. The property features a 24-foot clear height and includes both grade-level and dock-high loading capabilities. It is equipped with heavy electrical power service. Units 100 and 102 are contiguous, offering flexible layout options. The total property size is 11699 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Enforcement Technology Inc Government Office Duncan Solutions Parking Lot & Garage GigaIO Networks Corporate Office Borsos Engineering Engineer Tear Film Innovations ... Production Facility

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon Pharmacy Hotel & Motel

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

    Similar Places Nearby

    Felix's Creative Flavors Catering, Dlivrd

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.2805411
    Latitude
    33.13101

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Cornerstone Corporate

      Discover many ways to work your way in Cornerstone Corporate
      1902 Wright Pl Cornerstone Corporate Ctr, Carlsbad, CA 92008
      View Details
    • Contact for pricing

      Pacific Center

      Discover many ways to work your way in Pacific Center
      701 Palomar Airport Rd, Carlsbad, CA 92011
      View Details
    • Contact for pricing

      CA, Carlsbad - Palomar Airport Road

      Workspaces, services and support to help you work better in Frisco Square
      2131 Palomar Airport Rd, Carlsbad, CA 92011
      View Details
    • $1.90 SF/Yr
      53,982 SF

      Carlsbad Office Space Available

      Office space available for rent in Carlsbad, California.
      2035 Corte Del Nogal, Carlsbad, CA 92009
      View Details
    • $1.85 SF/Yr
      7,177 SF

      Carlsbad Flex Space with Freeway Access

      Flex space with office improvements, freeway access, and fitness center.
      5205 Avenida Encinas, Carlsbad, CA 92008
      View Details
    • $1.25 SF/Yr
      6,645 SF

      Carlsbad Flex Space Available

      Flex space with office component and highway access for lease.
      6086 Corte Del Cedro, Carlsbad, CA 92011
      View Details
    • $1.25 SF/Yr
      5,107 SF

      Carlsbad Flex Space with Office

      Flex space with office component, excellent access to I-5.
      6084-6088 Corte Del Cedro, Carlsbad, CA 92011
      View Details
    • Contact for pricing

      Retail Center in Carlsbad

      Newly constructed retail center in the heart of Carlsbad.
      3439 Via Montebello, Carlsbad, CA 92009
      View Details
    • Contact for pricing

      Retail Space in Carlsbad Center

      Retail spaces available in a high-traffic Carlsbad shopping center.
      2622-2674 Gateway Rd, Carlsbad, CA 92009
      View Details
    • Contact for pricing

      Retail Space Near Carlsbad Outlets

      Retail spaces adjacent to Carlsbad Premium Outlets and restaurant row.
      5617 Paseo Del Norte, Carlsbad, CA 92008
      View Details
    • Contact for pricing

      Retail Space in Carlsbad, CA

      Retail property in affluent north county communities of Carlsbad and Encinitas.
      6981 El Camino Real, Carlsbad, CA 92009
      View Details
    • Contact for pricing

      Retail Destination in Carlsbad

      New retail space available in a high-traffic Carlsbad location.
      West Ranch St, Carlsbad, CA 92010
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space featuring office, R&D, and warehouse areas.
    Where is this flex space located?
    The property is located at 5924 Balfour Ct Carlsbad, CA.
    What are key features of this property?
    This property features: - Heavy electrical power service; - Grade level and dock high loading for your convenience; - 24 foot clear height
    (858) 410-1200 Call to check price and availability
    Request Owner's contact information
    5924 Balfour Ct 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.
    5924 Balfour Ct
    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
    5924 Balfour Ct 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!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Baumgart, Sior
    (858) 410-1200 (858) 736-1710
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!