Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2141 Palomar Airport Rd Carlsbad, CA 92011-1423

    • Retail space
    • 34,550 SF
    • 0.30 lot acres
    OFF-MARKET
    Last Sale
    Nov 10, 2022
    $29,775,000
    Value Estimations
    $29,625,000
    Show details
    Cap Rate Potential
    2.1%
    Retail space
    Location Intelligence
    Property ID
    US09-9737481
    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.

    Current Use by Public Records

    • Redemption Games / Software Company
    • Encore Tax and Accounting / Accountant
    • Origen Coffee Roasters / Coffee Shop
    • Savannah Saunders / Counselor
    • Emily Estel / Counselor

    Property Details for 2141 Palomar Airport Rd

    Year built
    1985
    Lot size
    0.30 lot acres
    Property size
    34,550 SF
    Zone code
    COMMERCIAL
    Property type
    Retail space
    APN
    213-070-16-00
    APU
    2130701600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $29,625,000
      ML approach
      $9,050,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $19,150,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $31,130,000
      Change: +63% Conversion: Moderate
      RESTAURANT
      $22,655,000
      Change: +18% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $18,285,000
      Change: -5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.275
    Latitude
    33.1241
    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
    $59,228
    $459,000
    $5,100,000
    $5,559,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      22.22 Acres

      6440 Ambrosia Ln

      RETAIL STORES (PERSONAL SERVICES) • 22.22 Acres
      6440 Ambrosia Ln, Carlsbad, CA 92011-2646
      View Details
    • Value Estimation
      $705,000
      23,389 SF

      7220 Avenida Encinas

      RETAIL STORES (PERSONAL SERVICES) • 23,389 SF
      7220 Avenida Encinas, Carlsbad, CA 92011-4690
      View Details
    • Value Estimation
      $29,625,000
      34,550 SF

      2131 Palomar Airport Rd

      RETAIL STORES (PERSONAL SERVICES) • 34,550 SF
      2131 Palomar Airport Rd, Carlsbad, CA 92011-1433
      View Details
    • Value Estimation
      $640,000
      50,700 SF

      701 Palomar Airport Rd

      RETAIL STORES (PERSONAL SERVICES) • 50,700 SF
      701 Palomar Airport Rd, Carlsbad, CA 92011-1027
      View Details
    • Value Estimation
      $805,000
      44,082 SF

      703 Palomar Airport Rd

      RETAIL STORES (PERSONAL SERVICES) • 44,082 SF
      703 Palomar Airport Rd, Carlsbad, CA 92011-1040
      View Details
    • Value Estimation
      $385,000
      46,892 SF

      2052 Corte Del Nogal

      RETAIL STORES (PERSONAL SERVICES) • 46,892 SF
      2052 Corte Del Nogal, Carlsbad, CA 92011-1464
      View Details

    Similar Nearby for Sale

    • $435,000
      1,544 SF

      Lakeshore Gardens 55+ Community Home

      Located in a 55+ gated community with many amenities.
      7024 San Bartolo #19, Carlsbad, CA 92011
      View Details
    • $435,000

      Carlsbad Specialty Property For Sale

      Specialty property available in Carlsbad, California.
      7024 A, Carlsbad, CA 92011
      View Details
    • $350,000

      Carlsbad Land For Sale

      Land available in Carlsbad, California.
      7008 San Bartolo St, Carlsbad, CA 92011
      View Details
    • Contact for pricing
      6,734 SF

      Carlsbad Industrial Warehouse For Sale

      6,734 SF Warehouse, Prime Location
      6078 Corte Del Cedro, Carlsbad, CA 92011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 SF

      Retail Space in High-Traffic Area

      Retail space available in Carlsbad with strong daytime population.
      2505 Palomar Airport Rd, Carlsbad, CA 92011
      View Details
    • $10,500 /Mo

      Carlsbad Office and Retail Space

      Office and retail spaces available for lease in Carlsbad, CA.
      6030 Paseo Del Norte, Carlsbad, CA 92011
      View Details
    • Contact for pricing
      5,000 SF

      Palomar Airport Rd Retail Space

      Prime Retail Space - 5,000 SF Available
      2219 Palomar Airport Rd, Carlsbad, CA 92011
      View Details
    • Contact for pricing
      156,928 SF

      Carlsbad Retail Center - Prime Location

      Multiple suites available, high-traffic area.
      7020 Avenida Encinas, Carlsbad, CA 92011
      View Details
    • $28 SF/Yr
      32,213 SF

      Carlsbad Retail Center - Prime Location

      High-traffic retail space available in Carlsbad, CA.
      1959 Palomar Oaks Way, Carlsbad, CA 92011
      View Details
    • Contact for pricing
      4,250 SF

      Carlsbad Warehouse Space Available

      4,250 SF warehouse space for rent in Carlsbad, CA.
      6352 Corte Del Abeto, Carlsbad, CA 92011
      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.
    2141 Palomar Airport Rd
    Carlsbad, CA 92011-1423
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.