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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Automotive properties
5425 Paseo Del Norte 45 Carlsbad, CA 92008-4427
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-9755263
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2016
Total area
45,824 SF
Lot
3.22 ac (140,263 SF)
Zoning code
COMMERCIAL
APN
211-060-09-00
UPID
US09-9755263
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
-
Audi Carlsbad Service Department Auto Repair Shop Vehicle Inspection Center
-
Audi Carlsbad Parts Center Auto Parts Store
-
Audi Carlsbad Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Hoehn Ent 2 LLC · 14 yrs held
Hoehn Ent 2 LLC
since 2011
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$28 / 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
$170,543
Tax year 2024
Assessed value
$15,986,697
Assessed 2024
Previous assessed
$15,986,697
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$5,541,425
Assessed improvement
$10,445,272
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2016
Heating
NONE
Units
1
Total area
45,824 SF
Lot
3.22 ac (140,263 SF)
Zoning code
COMMERCIAL
APN
211-060-09-00
UPID
US09-9755263
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
2016
Heating
NONE
Units
1
Lot
3.22 ac
Current owner
From public records · entity-resolved
Hoehn Ent 2 LLC
Entity
Mailing address
PO BOX 789, CARLSBAD, CA 92018-0789
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2016
—
Hoehn Ent 2 LLC
—
Deed
related
$16,600,000 · Comerica Bk
Apr 1, 2015
—
Hoehn Ent 2 LLC
—
Trustees Deed
related
$16,600,000 · Comerica Bk
Nov 1, 2011
$6,000,000
Hoehn Ent 2 LLC
Carlsbad Autopark Props LLC
Grant Deed
$4,675,000 · Comerica Bank
Dec 19, 2003
$2,700,000
Carlsbad Autopark Properties
Grody Properties LLC
Grant Deed
—
Sep 30, 1999
$3,500,000
Grody Properties LLC
Finney Trust
Grant Deed
$3,300,000 · General Motors Acceptance Corp
—
—
Finney Trust
—
Deed Of Trust
related
$975,000 · World Omni Financial Corp
—
—
Carlsbad Autopark Props LLC
—
Deed Of Trust
related
$4,653,968 · Gmac Mortgage Corp
—
—
Finney Trust
—
Deed Of Trust
related
$900,000 · General Motors Acceptance Corp
—
—
Hoehn Ent 2 LLC
—
Loan Modification
related
$16,600,000 · Comerica Bk
—
—
Carlsbad Autopark Properties
—
Deed Of Trust
related
$5,032,000 · General Motors Acceptance Corp
—
—
James B Finney
—
Deed Of Trust
related
$1,300,000 · Gmac Mortgage Corp
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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