Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    450 State Place Escondido, CA 92029

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.40 SF/Yr $465/Mo (calc)

    3,986 SF industrial suite available August 1, 2024.

    Type:Office
    Property size:
    3,986 SF
    Added:
    Nov 26, 2025
    Days on Market:
    159
    Last Refresh:
    Apr 5 at 9:34 pm

    Property Features for 450 State Place

    General Information

    Standard status
    Active
    Size
    3,986 SF
    Property subtype
    Office

    Spaces For Lease

    at 450 State Place Contact us

    We can help!

    Listing Contact
    Daniel Knoke
    Daniel Knoke

    Listing agent Daniel Knoke License #CalDRE #01215373

    Listing office Lee & Associates | North San Diego County

    Listing date Nov 26, 2025

    Source Lee-associates

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

    All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | North San Diego County

    Overview

    Escondido Industrial Suite Available

    This property features an approximately 3,986 square foot industrial suite. The layout includes a reception area, three offices, a warehouse, and a restroom. There are six unreserved parking spaces available. The suite is available starting August 1, 2024. The lease rate is $1.40 per square foot, with CAM fees of $0.10 per square foot.
    Location Intelligence

    Current Use by Public Records

    M And M Electric Electrical Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Hotel & Motel Nail Salon

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

    Similar Places Nearby

    • Big Dev's Down-Home Barbeque — 1297 Simpson Way # H, Escondido, CA 92029
    • Platter and Honey — 1291 Simpson Way, Escondido, CA 92029
    • North County Cooking Classes — 1291 Simpson Way ste. H, Escondido, CA 92029
    • Polka Polish Goodies — 1291 Simpson Way, Escondido, CA 92029

    Location Insight

    • Map
    • Local Demand
    City
    Escondido
    County
    San Diego
    State
    California
    Longitude
    -117.111
    Latitude
    33.1223

    Nearby Similar for Lease

    • Contact for pricing

      La Terraza Corporate Plaza

      500 La Terraza Blvd, Unit 150, Escondido, CA 92025
      View Details
    • Sponsored
      Contact for pricing

      CA, Escondido - N Rose St

      105 Rose St, Escondido, CA 92027
      View Details
    • $0.66 SF/Yr

      Prime Escondido Commercial Space

      Modern, versatile space ideal for retail or office use.
      611 North Broadway, Escondido, CA 92025
      View Details
    • Contact for pricing

      Escondido Retail Space Available

      Retail unit in a busy Escondido shopping center.
      190 W El Norte, Escondido, CA 92026
      View Details
    • $599,000 SF/Yr

      Light Manufacturing/Retail Ready to Occupy

      Move-in ready light manufacturing/retail space with office and storage.
      107 S Andreasen Dr. S, Escondido, CA 92029
      View Details
    • $2.00 SF/Yr

      Restaurant with Patio in Escondido

      Restaurant with full bar and patio available for lease.
      148-152 W Grand Ave | Escondido, CA 92025, CA 92025
      View Details
    • $2 SF/Yr

      Renovated Medical/Dental Office Space

      2,250 SF renovated medical/dental office with plumbing.
      200 N Ash St, Escondido, CA
      View Details
    • $1.60 SF/Yr

      Escondido Warehouse Space Available

      Warehouse space featuring a reception area, office, and restroom.
      1310 Industrial Ave, Escondido, CA
      View Details
    • $1.65 SF/Yr

      Escondido Warehouse Space Available

      Office, restroom, and warehouse space for lease in Escondido.
      1330 Industrial Ave, Escondido, CA
      View Details
    • $1.05 SF/Yr

      Escondido Office Warehouse with Yard

      Office/warehouse building with custom offices, warehouse space, and fenced yard.
      640 Alpine Way, Escondido, CA
      View Details
    • Contact for pricing

      Escondido Office Space For Lease

      Office spaces available for lease in Escondido, California.
      390 W Valley Pkwy, Escondido, CA 92025
      View Details
    • Contact for pricing

      Escondido Office Space Available

      Modern office space in a prime Escondido location.
      501 W Felicita Ave Suite 104, Escondido, CA 92025
      View Details

    FAQs

    What type of property is this?
    Flex space - 3,986 SF industrial suite available August 1, 2024.
    Where is this flex space located?
    The property is located at 450 State Place Escondido, CA.
    What is the lease rate?
    The lease rate is $1.40 SF/Yr.
    What are key features of this property?
    This property features: Approx. 3,986 SF industrial suite; Available Aug 1, 2024; Lease Rate: $1.40 PSF MG
    (760) 929-7836
    We can help!
    Listing Contact
    Daniel Knoke
    Daniel Knoke
    Real Estate License ID: CalDRE #01215373
    Learn More
    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.
    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

    Thank You for Inquiry

    450 State Place, Escondido, CA 92029

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!