New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,690,000
Manufacturing properties
1900 Aston Ave Carlsbad, CA 92008-7308
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6989421
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Total area
44,602 SF
Lot
2.89 ac (125,888 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-120-24-00
UPID
US09-6989421
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Calcitek Medical Supply Store
-
Zimvie Institute Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.36M
CAP Approach
CAP
$8.51M
Comparable Approach
Comparable
$15.51M
Blend (final)
Blend
$11.69M
Owner & transaction history
Fh Eov 1900 Aston LLC · 3 yrs held
Fh Eov 1900 Aston LLC
since 2023
Last sale
$12.3M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Carlsbad, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$19.1M
+53.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carlsbad submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carlsbad submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$12,150,000
ML approach
$9,360,000
CAP Approach
CAP Return
Estimation
6%
$9,220,000
6.5%
$8,510,000
7%
$7,900,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,465,000
Current use
OFFICE BUILDING
$19,110,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$11.69M
Range $10.52M – $12.86M · ±10% · vs last sale $12.30M (May 22 2023)
Last sale anchor
$12.30M
May 22 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$262 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$133,802
Tax year 2024
Assessed value
$12,546,000
Assessed 2024
Previous assessed
$12,546,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$5,100,000
Assessed improvement
$7,446,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Heating
NONE
Units
1
Total area
44,602 SF
Lot
2.89 ac (125,888 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-120-24-00
UPID
US09-6989421
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Carlsbad, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Carlsbad, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carlsbad. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$12.5M
OFFICE BUILDING
Est. value
$19.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Units
1
Lot
2.89 ac
Current owner
From public records · entity-resolved
Fh Eov 1900 Aston LLC
Entity
Mailing address
514 VIA DE LA VALLE STE #203, SOLANA BEACH, CA 92075-2717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2024
—
Fh Eov Wbc LLC
—
Deed
related
$12,250,000 · The Lincoln National Life Insurance Co
May 22, 2023
$12,300,000
Fh Eov 1900 Aston LLC
Nicole A Souza
Grant Deed
—
Aug 31, 2021
—
Nicole A Souza
Jimmie P Nelson
Grant Deed
—
Aug 25, 2021
—
Jimmie P Nelson
Magnolia Industrial Park LLC
Grant Deed
—
Apr 1, 2021
—
Magnolia Industrial Park LLC
Jimmie P Nelson
Grant Deed
—
Mar 1, 2021
—
Nicole A Souza
Crcp One LLC
Grant Deed
—
Jul 23, 2020
$11,569,000
Crcp One LLC
Pdg Carlsbad 59 Ltd
Grant Deed
—
May 26, 2016
—
Pdg Carlsbad 59 Ltd
—
Deed
related
$4,500,000 · Sunwest Bank
Apr 1, 1999
—
Pdg Carlsbad 59 Ltd
—
Deed Of Trust
related
$3,150,000 · Independent Order Of Foresters
Mar 17, 1997
—
Pdg Carlsbad 59 Ltd
Diversified,carlsbad 59
Quit Claim Deed
related
$2,170,000 · City National Bank
Oct 18, 1996
—
Diversified,carlsbad 59 LLC
Union Pacific Railroad Co,
Trustees Deed
related
—
—
—
Diversified Carlsbad 59 LLC
—
Deed Of Trust
related
$540,000 · Union Pacific Railroad Co
—
—
Pdg Carlsbad 59 Ltd
—
Deed Of Trust
related
$4,200,000 · Canada Life Insurance Co Ameri
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1900 Aston Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
