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Property profile & analytics
FOR LEASE
Warehouses
2777 Loker Ave WEST Carlsbad, CA 92010
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6983586
For Lease
1 / 2
$2,120,000
2777 Loker Ave WEST, Carlsbad, CA 92010
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
9,999 SF
Lot
7.88 ac (343,252 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
209-081-30-00
UPID
US09-6983586
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
-
Point the Way Foundation Association / Organization
-
Workwell™ Technologies (Bike/Boat/Book/etc) Store Corporate Office
-
SGN Nutrition (Bike/Boat/Book/etc) Store Pharmacy
-
Black Box Distribution (Bike/Boat/Book/etc) Store
-
Site Design Group, INC. Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
First Indl LP · 8 yrs held
First Indl LP
since 2018
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,510,000
6.5%
$2,315,000
7%
$2,150,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,835,000
Current use
Blend value · Realmo final
$2.12M
Range $1.91M – $2.33M · ±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
$212 / 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
$260,651
Tax year 2024
Assessed value
$24,463,330
Assessed 2024
Previous assessed
$24,463,330
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$11,378,293
Assessed improvement
$13,085,037
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1990
Heating
NONE
Units
1
Total area
9,999 SF
Lot
7.88 ac (343,252 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
209-081-30-00
UPID
US09-6983586
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Carlsbad, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.8M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Units
1
Lot
7.88 ac
Current owner
From public records · entity-resolved
First Indl LP
Entity
Mailing address
898 N PACIFIC COAST HWY STE #175, EL SEGUNDO, CA 90245-2741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Feb 20, 2018
—
First Indl LP
Fr 2777 Loker LLC
Quit Claim Deed
$63,912,300 · Miscellaneous Ins Co
May 31, 2017
$21,500,000
Fr 2777 Loker LLC
S & S Prop Acquisition LLC
Grant Deed
—
Jun 14, 2012
$11,500,000
S & S Prop Acquisition LLC
Whiteflag LLC
Grant Deed
—
Oct 4, 2005
$13,453,000
Whiteflag LLC
Loker Investment Partners
Grant Deed
$10,113,100 · Torrey Pines Bank
Oct 1, 2004
—
Bank Of Hawaii Tr
First Hawaiian Bank
Quit Claim Deed
related
—
Oct 1, 2004
$9,000,000
Investment Partners Loker
Ptf Of Operating Engineers LLC
Grant Deed
$8,950,000 · Bank Of America
Sep 20, 2002
—
Ptf For Operating Engineeers
Bank Of New York Trustee
Grant Deed
related
—
Dec 11, 1991
$7,600,000
Northern Trust C
Premier Business
Grant Deed
—
—
—
Whiteflag LLC
—
Deed Of Trust
related
$2,000,000 · Cdc Small Business Finance Co
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?”
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