Technical
Financial
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Property profile

2271 Cosmos Ct Carlsbad, CA 92011

OFF-MARKET
Manufacturing properties
Property ID
US09-9770659
85,165 SF 4.03 ac lot Built 1987
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 88,533-square-foot industrial property in Carlsbad, California, presents a significant value-add opportunity. Located at 2271 Cosmos Court, this Class B building, constructed in 1987, sits on a 4.03-acre lot (APN 213-050-4-100) and offers a versatile layout ideal for manufacturing, R&D, or flex uses. The property features a two-story building with a 24-26' clear height, six dock-high doors, and three grade-level doors, all within P-M zoning. Ample parking is available. The building boasts a powerful 1,600A 277/480v power supply, skylights, a main lobby entrance, and existing outdoor amenities. Its convenient location offers easy access via dual cuts on Cosmos Court, enhancing operational efficiency and logistics. The property is available for sale or lease and presents a rare lease-up opportunity in a high-demand market, with strong potential for future rent growth. The property's high-image exterior, large outdoor entrance, and prominent two-story lobby make it an attractive option for a variety of tenants. The San Diego industrial market currently boasts a low vacancy rate, further enhancing the investment potential of this property. This location offers proximity to Interstate 5 and the Pacific Coast, making it a highly desirable location within the thriving North San Diego commercial hub. The property's features and location make it well-suited for life science GMP tenants.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1987
Total area 85,165 SF
Lot 4.03 ac (175,546 SF)
Zoning code INDUSTRIAL (M ZONE)
APN 213-050-41-00
UPID US09-9770659

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

2271 Cosmos Ct Carlsbad, CA 92011-1517
Carlsbad metro Census 22102 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$16.25M
Comparable Approach Comparable
$23.34M
Blend (final) Blend
$16.88M

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2023
$21.1M
2023
Price N/A
2006
Price N/A
2005
Price N/A
2001
Price N/A
1997
$5.8M

Zoning & alternative use

INDUSTRIAL (M ZONE) · Carlsbad, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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