Back to Search
Property profile & analytics
OFF-MARKET
Retail space
1902 Wright Pl Carlsbad, CA 92008-6583
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9755295
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
52,000 SF
Lot
3.37 ac (146,797 SF)
Zoning code
COMMERCIAL
APN
212-091-26-00
UPID
US09-9755295
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
-
Inviscid Software (Bike/Boat/Book/etc) Store Corporate Office
-
U.S. Bank-Mortgage Loan Officer-Jon Tucker Loan Service Bank
-
g n w designs inc (Bike/Boat/Book/etc) Store
-
MaxAudience, Inc | Online Marketing Company Marketing & Advertising
-
Human Performance by Phil Landman Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cornerstone Corp · 6 yrs held
Cornerstone Corp
since 2020
Last sale
$33.6M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Carlsbad, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$110,979
Tax year 2024
Assessed value
$10,400,357
Assessed 2024
Previous assessed
$10,400,357
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$3,109,384
Assessed improvement
$7,290,973
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Heating
NONE
Units
1
Total area
52,000 SF
Lot
3.37 ac (146,797 SF)
Zoning code
COMMERCIAL
APN
212-091-26-00
UPID
US09-9755295
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Carlsbad, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Carlsbad, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Units
1
Lot
3.37 ac
Current owner
From public records · entity-resolved
Cornerstone Corp
Entity
Free & Clear · 6 yrs held
Mailing address
12501 SEAL BCH BLVD STE #225, SEAL BEACH, CA 90740-8804
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
—
Si Wright Place LLC
—
Deed
related
$11,000,000 · Rga Reinsurance Company
Mar 5, 2020
$34,200,000
Cornerstone Corp
Wasatch Cornerstone Hldgs LLC
Grant Deed
—
Jan 17, 2019
—
Wasatch Cornerstone Hldgs LLC
—
Loan Modification
related
$32,599,947 · Wells Fargo Bk
Apr 1, 2014
—
Cornerstone Holdings L Wasatch
Wasatch Cornerstone Holdings
Quit Claim Deed
related
—
Oct 14, 2011
$33,600,000
Wasatch Cornerstone Holdings LLC
The Realty Associates Fund V LP
Grant Deed
$25,500,000 · Wells Fargo Bank NA
Aug 30, 2000
—
Realty Associates Fund V
—
Deed Of Trust
related
$63,000,000 · General Motors Pension Trust
Nov 2, 1995
$692,000
Wisconsin Investment Board
Bay Street Number Ten Ltd
Grant Deed
—
Jul 24, 1992
$4,909,892
Bay Street Number Ten Ltd
Carlsbad Airport
Trustees Deed
related
—
—
—
Wasatch Cornerstone Holdings L
—
Loan Modification
related
$36,225,000 · Wells Fargo Bk
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 1902 Wright Pl?
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.
