Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Hotels
2223 Palomar Airport Rd Carlsbad, CA 92011-1553
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9770656
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2008
Total area
9,999 SF
Lot
2.64 ac (114,998 SF)
Zoning code
COMMERCIAL
APN
213-070-30-00
UPID
US09-9770656
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
-
hOURCHURCH Church
-
Homewood Suites by Hilton Carlsbad-North San Diego County Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$932k
Blend (final)
Blend
$855k
Owner & transaction history
Palomar Airport Road Hotel LLC · 1 yrs held
Palomar Airport Road Hotel LLC
since 2024
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
Method
Estimation
Statistic approach
by Request
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$985,000
7%
$915,000
Blend value · Realmo final
$855k
Range $770k – $941k · ±10%
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
$86 / 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
$369,172
Tax year 2024
Assessed value
$34,664,362
Assessed 2024
Previous assessed
$34,664,362
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$4,685,126
Assessed improvement
$29,979,236
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2008
Heating
NONE
Units
145
Total area
9,999 SF
Lot
2.64 ac (114,998 SF)
Zoning code
COMMERCIAL
APN
213-070-30-00
UPID
US09-9770656
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Carlsbad, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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.
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Units
145
Lot
2.64 ac
Current owner
From public records · entity-resolved
Palomar Airport Road Hotel LLC
Entity
Mailing address
20342 SW ACACIA ST, NEWPORT BEACH, CA 92660-1702
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
—
German American Capital Corporation
—
Deed
related
$21,500,000 · Bbcms Mtg Tr 2025-c32 Com Mtg Pass-throu
Dec 20, 2024
$309,500
Palomar Airport Road Hotel LLC
Jsg Hospitality Management LLC
Grant Deed
$21,500,000 · Drb Investments Co Limited
Dec 5, 2024
—
Jsg Hospitality Management LLC
—
Deed
related
$18,000,000 · E.sun Commercial Bank Ltd
Dec 27, 2017
$33,000,000
Jsg Hospitality Management LLC
Chatham Carlsbad Hs LLC
Grant Deed
$242,755 · Wells Fargo Bk #2015-c27 (ce)
Dec 7, 2012
—
Chatham Carlsbad Hs LLC
—
Deed Of Trust
related
$115,000,000 · Barclays Bank Plc
Jun 15, 2011
—
Chatham Carlsbad Hs LLC
—
Deed Of Trust
related
$110,000,000 · Barclays Bank Plc
Nov 4, 2010
$8,000,000
Chatham Carlsbad Hs LLC
Lee Estates LLC
Grant Deed
—
Nov 4, 2010
$24,000,000
Chatham Carlsbad Hs LLC
Royal Hospitality Washington
Grant Deed
—
—
—
Chatham Carlsbad Hs LLC
—
Loan Modification
related
$175,000,000 · Barclays Bank Plc
—
—
Chatham Carlsbad Hs LLC
—
Deed Of Trust
related
$19,950,000 · Barclays Bk/plc
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 2223 Palomar Airport Rd?
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.
