Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Space in Carlsbad, CA Title is generated by Realmo AI

    5806-5814 Van Allen Way, Carlsbad, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Mixed-use property suitable for medical, retail, restaurant, or office tenants.

    Type:OFFICE
    Property size:
    3,894 SF
    Lot size:
    4.38 Acres
    Added:
    Feb 19, 2025
    Days on Market:
    471
    Last Refresh:
    May 20 at 8:13 pm

    Property Features for 5806-5814 Van Allen Way

    General Information

    Standard status
    Active
    Size
    3,894 SF
    Lot size
    4.38 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 5806-5814 Van Allen Way Contact us

    We can help!

    Listing Contact
    Chris Baumgart, SIOR

    Listing agent Chris Baumgart, SIOR License #1888224

    Listing office JLL | San Diego

    Listing date Feb 19, 2025

    Source Moodyscre

    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 JLL | San Diego

    HighLights

    • Term through May 31, 2027
    • Built‑out office/medical suite
    • Mixed‑Use Property suitable for Medical, Retail, Restaurant, or Office
    • Excellent visibility
    • Building and monument signage available
    • Attached back patio

    Overview

    This property offers a versatile space suitable for medical, retail, restaurant, or office tenants. The property features a built-out office/medical suite and an attached back patio. The lease term extends through May 31, 2027. Excellent visibility is offered, and building and monument signage is available. The property's size is 3,894 square feet and is located in Carlsbad, CA.
    Location Intelligence

    Current Use by Public Records

    The Island at Carlsbad Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    • California Veterinary Specialist: Proulx David DVM — 2310 Faraday Ave, Carlsbad, CA 92008
    • VCA Animal Hospitals — 2310 Faraday Ave, Carlsbad, CA 92008
    • California Veterinary Specialist: Ogilvie Gregory K DVM — 2310 Faraday Ave, Carlsbad, CA 92008
    • Healing Hope — 2244 Faraday Ave, Carlsbad, CA 92008
    • Dhupa Sarit DVM — 2310 Faraday Ave, Carlsbad, CA 92008

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.287
    Latitude
    33.1352

    Nearby Similar for Lease

    • Sponsored
      $129-$4,825/Mo
      11-1,292 SF

      CA, Carlsbad - Palomar Airport Road

      2131 Palomar Airport Rd, Carlsbad, CA 92011
      View Details
    • Sponsored
      $129-$4,335/Mo
      11-1,292 SF

      Pacific Center

      701 Palomar Airport Rd, Unit 300, Carlsbad, CA 92011
      View Details
    • $129-$4,337/Mo
      11-1,292 SF

      Cornerstone Corporate

      1902 Wright Pl Cornerstone Corporate Ctr, Unit 2ND, Carlsbad, CA 92008
      View Details
    • $1.40 SF/Yr
      2,915 SF

      Carlsbad Office Space Available

      Office space for sublease in Carlsbad, excellent freeway access.
      5140-5142 Avenida Encinas, Carlsbad, CA
      View Details
    • $1.85 SF/Yr
      7,177 SF

      Carlsbad Flex Space with Freeway Access

      Flex space with office improvements, HVAC, and freeway access.
      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
    • $1.90 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
    • $21 SF/Yr
      1,013 SF

      Carlsbad Office Space Available

      Office space available for rent in Carlsbad, California.
      2790 W Loker Ave, Carlsbad, CA 92010
      View Details
    • $21 SF/Yr
      1,856 SF

      Carlsbad Office Space For Lease

      Office space available for lease in Carlsbad, California.
      5933 Sea Lion Place, Carlsbad, CA 92010
      View Details
    • $2 SF/Yr
      6,348 SF

      Class A Office Space

      Well-kept office building near Bressi Ranch amenities.
      2710 Loker Ave W , Carlsbad, CA
      View Details
    • $1.90 SF/Yr
      3,844 SF

      Carlsbad Office Space Available

      Office space available for lease in Carlsbad, California.
      2554 Gateway Road, Carlsbad, CA, 92009
      View Details
    • $1.90 SF/Yr
      3,810 SF

      Carlsbad Office Space For Rent

      Office space in Bressi Ranch area available for rent.
      2550 Gateway Road, Carlsbad, CA, 92009
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Mixed-use property suitable for medical, retail, restaurant, or office tenants.
    Where is this medical office space located?
    The property is located at 5806-5814 Van Allen Way Carlsbad, CA.
    What are key features of this property?
    This property features: Term through May 31, 2027; Built‑out office/medical suite; Mixed‑Use Property suitable for Medical, Retail, Restaurant, or Office
    (858) 410-1200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Baumgart, SIOR
    Real Estate License ID: 1888224
    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
    5806-5814 Van Allen Way, Carlsbad, CA
    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!