Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Carlsbad Office or Retail Building Title is generated by Realmo AI

    861 Grand Ave, Carlsbad, CA 92008

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding building with excellent freeway access and onsite parking.

    Type:Retail, Office
    Property size:
    3,653 SF
    Lot size:
    0.22 Acres
    Added:
    Jan 24, 2025
    Days on Market:
    473
    Last Refresh:
    Mar 17 at 1:23 pm

    Property Features for 861 Grand Ave

    General Information

    Standard status
    Active
    Size
    3,653 SF
    Lot size
    0.22 Acres
    Property subtype
    Retail, Office

    Spaces For Lease

    at 861 Grand Ave Contact us

    We can help!

    Listing Contact
    Ethan Park
    Ethan Park

    Listing agent Ethan Park License #CA 02191123

    Listing office Pacific Coast Commercial

    Listing date Jan 24, 2025

    Source Crexi

    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 Pacific Coast Commercial

    HighLights

    • Excellent Freeway Access to Interstate 5
    • Corner Location: Harding Street and Grand Avenue
    • Close Proximity to Downtown Carlsbad
    • Onsite Parking plus plenty of street parking available
    • Building Size: ±3,653 Square Feet
    • Lot Size: ±9,587 Square Feet

    Overview

    This freestanding building offers approximately 3,653 square feet of office or retail space, with an available unit of approximately 750 square feet. Situated on a lot of approximately 9,587 square feet, the property benefits from a corner location at Harding Street and Grand Avenue in the Village & Barrio (V-C) zoning area of Carlsbad. Onsite parking is available, supplemented by ample street parking. The location provides excellent freeway access to Interstate 5 and is in close proximity to downtown Carlsbad. The APN is 203-354-07.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.3456688
    Latitude
    33.1626974

    Nearby Similar for Lease

    • Contact for pricing

      CA, Carlsbad - Palomar Airport Road

      2131 Palomar Airport Rd, Carlsbad, CA 92011
      View Details
    • Sponsored
      Contact for pricing

      Pacific Center

      701 Palomar Airport Rd, Unit 300, Carlsbad, CA 92011
      View Details
    • $1.40 SF/Yr

      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

      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

      Carlsbad Flex Space Available

      Flex space with office component and highway access for lease.
      6086 Corte Del Cedro, Carlsbad, CA 92011
      View Details
    • $2 SF/Yr

      Class A Office Space

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

      Carlsbad Office Space Available

      Office space available for lease in Carlsbad, California.
      2554 Gateway Road, Carlsbad, CA, 92009
      View Details
    • Contact for pricing

      Cornerstone Corporate

      1902 Wright Pl Cornerstone Corporate Ctr, Unit 2ND, Carlsbad, CA 92008
      View Details
    • Contact for pricing

      Carlsbad Office and Lab Sublease

      Office and electronic lab space available for sublease in Carlsbad.
      5919 Sea Otter Pl, Carlsbad, CA 92010
      View Details
    • $0.14 SF/Yr

      Carlsbad Industrial/R&D/Office Suite

      Industrial/R&D/Office suite in a convenient Carlsbad location.
      2380 Camino Vida Roble & 6353 El Camino Real, Carlsbad, CA 92011
      View Details
    • $1.90 SF/Yr

      Carlsbad Office Space For Rent

      Office space in Bressi Ranch area available for rent.
      2550 Gateway Road, 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

    FAQs

    What type of property is this?
    Retail space - Freestanding building with excellent freeway access and onsite parking.
    Where is this retail space located?
    The property is located at 861 Grand Ave Carlsbad, CA.
    What are key features of this property?
    This property features: Excellent Freeway Access to Interstate 5; Corner Location: Harding Street and Grand Avenue; Close Proximity to Downtown Carlsbad
    (619) 469-3600 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ethan Park
    Ethan Park
    Real Estate License ID: CA 02191123
    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
    861 Grand Ave, Carlsbad, CA 92008
    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!