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Property profile & analytics
OFF-MARKET
Estimated value
$18,515,000
Warehouses
2788 Loker W Ave 96 Carlsbad, CA 92010-6611
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9783860
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
78,431 SF
Lot
5.58 ac (243,064 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
209-081-14-00
UPID
US09-9783860
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
-
Dynapac Design Group Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Invent Medical Corporation Production Facility Factory
-
Pearl Communications Inc (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.17M
Comparable Approach
Comparable
$13.63M
Blend (final)
Blend
$18.52M
Owner & transaction history
Cip Carlsbad LLC · 1 yrs held
Cip Carlsbad LLC
since 2024
Last sale
$21.1M
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%
$19,685,000
6.5%
$18,170,000
7%
$16,875,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$22,225,000
Current use
Blend value · Realmo final
$18.52M
Range $16.66M – $20.37M · ±10% · vs last sale $21.13M (Sep 4 2024)
Last sale anchor
$21.13M
Sep 4 2024
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
$236 / 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
$98,821
Tax year 2024
Assessed value
$9,221,332
Assessed 2024
Previous assessed
$9,221,332
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$4,579,578
Assessed improvement
$4,641,754
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
Off-Market
Year built
1989
Heating
NONE
Units
1
Total area
78,431 SF
Lot
5.58 ac (243,064 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
209-081-14-00
UPID
US09-9783860
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
$22.2M
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
1989
Heating
NONE
Units
1
Lot
5.58 ac
Current owner
From public records · entity-resolved
Cip Carlsbad LLC
Entity
Mailing address
1000 QUAIL ST STE #290, NEWPORT BEACH, CA 92660-2743
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2025
—
Cip Carlsbad LLC
—
Deed
related
$19,130,000 · Zb NA
Dec 4, 2024
$21,125,000
Cip Carlsbad LLC
El Fuerte Business Investors LP
Grant Deed
—
Jul 12, 2022
—
El Fuerte Business Park Investors L
—
Deed
related
$8,280,000 · Sunwest Bank
Apr 15, 2011
$4,176,500
El Fuerte Busn Pk Invtrs LP
Efbp Associates
Grant Deed
$3,165,331 · * Other Institutional Lenders
Feb 4, 1994
$3,200,000
Efbp Associates
Sanwa Bank Ca,
Trustees Deed
—
Jul 22, 1993
$5,150,000
Sanwa Bank California
El Fuerte Busine
Trustees Deed
related
—
Nov 29, 1988
—
Santa Fe I Lomas
Ticor,title Insu
Trustees Deed
related
—
Jan 15, 1988
—
El Fuerte Busine
Kaise
Grant Deed
$5,150,000 · Sanwa Bank California
—
—
Efbp Assoc
—
Deed Of Trust
related
$2,400,000 · Sanwa Bank California
—
—
El Fuerte Busn Park Invtrs LP
—
Deed Of Trust
related
$5,200,000 · Archetype Mortgage Capital LLC
—
—
Efbc Associates
—
Deed Of Trust
related
$3,850,000 · Ids Life Insurance Co
—
—
Efbp Associates
—
Deed Of Trust
related
$4,000,000 · First National Bank
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.
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