Financial
Distress signals
Property profile

2011 Palomar Airport Rd Carlsbad, CA 92011

FOR LEASE
Retail space
Property ID
US09-9737499
46,550 SF 4.87 ac lot Built 1987
Last sale Feb 2019 · $9,225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office building, located at 2011 Palomar Airport Rd, Carlsbad, CA 92011, offers 46,550 square feet of prime office space. The property, built in 1987 and extensively renovated in 2019, features a prominent corner location with excellent street visibility on Palomar Airport Road, boasting exposure to 38,400 cars daily. The building comprises one two-story structure with 11-foot ceilings and ample parking (4.0 spaces per 1,000 square feet). Multiple tenancy options are

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$109k
Tax billed · 2024
Assessed value$10.09M
Assessed land$4.16M
Assessed improvement$5.93M
Effective rate1.08%

Value estimate

· Sep 2026
$9.71M
$8.74M – $10.68M
CAP approach$12.86M
NOI build-up
Gross scheduled income$76k
Vacancy & credit loss−$10k
Operating expenses−$16k
NOI · 2,244,272.73% cap applied$49k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$554/SF
Submarket average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$260 – $857
Qualifying comparables10

Cap rate analysis

How does the asset earn?
2,244,272.73%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUSTRIAL (M ZONE)
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.1
Nail Salon12.2
Convenience Store11.4

Location

2011 Palomar Airport Rd Carlsbad, CA 92011
County assessor Recorded deeds · 7 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
703 Palomar Airport, Carlsbad, CA 92011-1040 $26,450,000 Jul 2025 44,082 SF
705 Palomar Airport, Carlsbad, CA 92011-1065 $26,450,000 Jul 2025 40,779 SF
1959 Palomar Oaks, Carlsbad, CA 92011-1314 $10,106,500 Nov 2022 48,000 SF
2141 Palomar Airport, Carlsbad, CA 92011-1423 $29,775,000 Nov 2022 34,550 SF
2131 Palomar Airport, Carlsbad, CA 92011-1433 $29,775,000 Nov 2022 34,550 SF
2035 Corte Del Nogal, Carlsbad, CA 92011-1459 $9,000,000 May 2019 55,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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