Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2101 Faraday Ave Carlsbad, CA 92008-7205
    Back to Search
    Property profile & analytics

    2101 Faraday Ave, Carlsbad, CA 92008-7205

    View on Map
    • Warehouses
    • 64,946 SF
    • 4.03 lot acres
    Off-Market
    Property ID
    US09-9769290
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $9,285,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medtronic / Corporate Office

    Property Details for 2101 Faraday Ave

    Year built
    1996
    Lot size
    4.03 lot acres
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Warehouses
    APN
    212-070-01-00
    APU
    2120700100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 24, 2018 — Blackmore Faraday Partners Blackmore Faraday Partners Grant Deed · related $3M · First Republic Bank
    Jun 14, 1995 — Mapleridge Properties Upland Industries Corp, Grant Deed · related —
    — — Upland Industrie — Deed Of Trust · related $4.1M · Carlsbad Research
    — — Faraday Partners Blackmore — Deed Of Trust · related $4M · Great-west Life & Annuity Ins
    — — Mapleridge Properties — Deed Of Trust · related $2.1M · Canada Life Insurance

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.284
    Latitude
    33.1337
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $118,308
    $1,941,734
    $9,144,046
    $11,085,780
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,695,000
      21,964 SF

      1949 Kellogg Ave

      WAREHOUSE, STORAGE
      1949 Kellogg Ave, Carlsbad, CA 92008-6582
      View Details
    • Value Estimation
      $2,445,000
      20,705 SF

      1955 Kellogg Ave

      WAREHOUSE, STORAGE
      1955 Kellogg Ave, Carlsbad, CA 92008-6582
      View Details
    • Value Estimation
      $4,090,000
      32,000 SF

      1954 Kellogg Ave

      WAREHOUSE, STORAGE
      1954 Kellogg Ave, Carlsbad, CA 92008-6581
      View Details
    • Value Estimation
      $650,000
      5,029 SF

      1948 Kellogg Ave

      WAREHOUSE, STORAGE
      1948 Kellogg Ave, Carlsbad, CA 92008-6581
      View Details
    • Value Estimation
      $5,195,000
      21,436 SF

      5919 Farnsworth Ct

      WAREHOUSE, STORAGE
      5919 Farnsworth Ct, Carlsbad, CA 92008-7303
      View Details
    • Value Estimation
      $885,000
      7,225 SF

      3161 Tyler St, Unit 81

      WAREHOUSE, STORAGE
      3161 Tyler St, Carlsbad, CA 92008-3025
      View Details

    Similar Nearby for Sale

    • $6,415,000

      Carlsbad Industrial Building For Sale

      21,743 SF industrial building in Carlsbad, available February 2026.
      2261 Rutherford Rd, Carlsbad, CA 92008
      View Details
    • $9,200,000

      Carlsbad Freestanding Industrial Building

      Freestanding industrial building with office and warehouse space for sale.
      5931 Darwin Ct, Carlsbad, CA 92008
      View Details
    • Contact for pricing

      Carlsbad Freestanding Industrial Building

      31,200 SF industrial building with office and warehouse space.
      5931 Darwin Ct, Carlsbad, CA 92008
      View Details
    • $5,950,000

      Industrial Distribution Warehouse For Sale

      Purchase an industrial distribution warehouse offering an investment opportunity with straightforward warehouse-oriented utility.
      2261 Rutherford Rd, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      77,699 SF

      Carlsbad Manufacturing Industrial Building

      Manufacturing industrial building in premier Carlsbad Research Center.
      1675 Faraday Ave, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      52,777 SF

      Carlsbad Flex R&D Space

      Flex R&D space available for lease in Carlsbad, CA.
      5931 Priestly Dr, Carlsbad, CA 92008
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Carlsbad Flex/Industrial/Office Space Available

      Flex, industrial, and office spaces for lease in Carlsbad.
      1910 Palomar Point Way, Carlsbad, CA 92008
      View Details
    • $1.85 SF/Yr
      7,177 SF

      Carlsbad Flex Space with Freeway Access

      Flex space with office improvements, HVAC, and freeway access.
      5205 Avenida Encinas, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      3,175 SF

      Carlsbad Industrial Park Space Available

      Multi-tenant industrial park near I-5 and Pacific Ocean.
      5375 Avenida Encinas, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      1,596 SF

      Carlsbad Flex Space Available

      Flex space featuring office and warehouse components for lease.
      2205 Faraday Ave, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      4,000 SF

      Carlsbad Industrial Space for Lease

      Industrial space featuring above-standard power, multiple loading docks, and ample parking.
      5858 Dryden Pl, Carlsbad, CA 92008
      View Details
    • $1.45 SF/Yr
      21,743 SF

      Carlsbad Warehouse/R&D Space For Lease

      21,743 SF industrial building in Carlsbad available February 2026.
      2261 Rutherford Rd, Carlsbad, CA 92008
      View Details
    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.
    2101 Faraday Ave
    Carlsbad, CA 92008-7205
    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
    2101 Faraday 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!