First-Floor Office
5927 Balfour Court, Carlsbad, CA 92008
For Sale
Contact for pricing
Office condominium offering a ground-level workspace in a 2005 commercial building.
Property Size1,130 SF
Price / SF$450
Days on Market104
Property Features for 5927 Balfour Court
General Information
Standard status
Size
Class
Property subtype
Investment Type
Site & Location
Neighborhood
Additional Details
Floor
Building Details
Year Built
Buildings
Stories
Listing Agency:
Urban Property Group, Inc.
Listed By:
Bill Shrader · License #CA 01033317
(619) 851-0288
Source:
Crexi
Added: Jul 29
Changed: Oct 28
Last Checked: Nov 8 at 6:12AM
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 Urban Property Group, Inc.
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Investment Insights
Based on property information with market context.
This first-floor office condominium comprises approximately 1,130 SF within a commercial building constructed in 2005. The property is located at 5927 Balfour Court in Carlsbad, California, providing a defined office unit for an owner or occupant seeking a dedicated commercial address.
Key Highlights
- Approximately 1,130 SF of office space
- First‑floor office condominium
- Building constructed in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,332
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,640
$486.6K
Cap Rate 7%
$347,600
$347.6K
Cap Rate 9%
$270,356
$270.4K
Market Conditions
NOI Build-Up for 1,130 SF
Gross rent
$37.3K $33.00/SF
− Vacancy
−$4.8K −$4.29/SF
EGI
$32.4K $28.71/SF
− OpEx
−$8.1K −$7.18/SF
NOI
$24.3K $21.53/SF
Area
Carlsbad, CA
Vacancy
13.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,640
Cap Rate 7%
$347,600
Cap Rate 9%
$270,356
Alternative Uses
Best Use
Office B
$347.6K
$304.2K – $405.5K
NOI $24,332 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$415.3K
$363.4K – $484.5K
NOI $29,068 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,131
Businesses Nearby
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Business Placement
Demographics for 92008, CA
27,282
Population
13,102
Households
2.1
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
10.4 sq mi
ZIP Area
2,623
Density / Sq Mi
$105,371
Median Household Income
$55,965
Median Earnings
$2,343
Median Rent
$1,142,300
Median Home Value
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Market
Average Price Trend$/SF for Office Units in San Diego County, CA
Properties on Market for Office Units in San Diego County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office condominium offering a ground-level workspace in a 2005 commercial building.
Where is this office unit located?
The property is located at 5927 Balfour Court Carlsbad, CA.
What is the asking price?
The asking price for this property is $508,500.
What are key features of this property?
This property features: Approximately 1,130 SF of office space; First‑floor office condominium; Building constructed in 2005
