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Property profile & analytics
FOR LEASE
Manufacturing properties
5803 Newton Dr Carlsbad, CA 92008
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6986607
For Lease
1 / 2
$17,110,000
5803 Newton Dr, Carlsbad, CA 92008
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1996
Total area
71,602 SF
Lot
4.45 ac (193,842 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-130-48-00
UPID
US09-6986607
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
-
Palomar Display Products Inc Electronics & Wireless Store
-
Diamondback Fitness Corporate Office
-
Lifecore Fitness Inc Gym & Fitness Center
-
Assault Fitness (Bike/Boat/Book/etc) Store
-
Heather Shaelyn Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.66M
Comparable Approach
Comparable
$23.92M
Blend (final)
Blend
$17.11M
Owner & transaction history
Ev Newton LLC · 4 yrs held
Ev Newton LLC
since 2021
Last sale
$18.6M
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
$18,995,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,800,000
6.5%
$13,660,000
7%
$12,685,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$20,015,000
Current use
Blend value · Realmo final
$17.11M
Range $15.40M – $18.82M · ±10% · vs last sale $18.60M (Sep 15 2021)
Last sale anchor
$18.60M
Sep 15 2021
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
$239 / 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
$206,180
Tax year 2024
Assessed value
$19,351,440
Assessed 2024
Previous assessed
$19,351,440
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$9,363,600
Assessed improvement
$9,987,840
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1996
Heating
NONE
Units
1
Total area
71,602 SF
Lot
4.45 ac (193,842 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-130-48-00
UPID
US09-6986607
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
INDUSTRIAL (GENERAL) Current
Est. value
$20.0M
INDUSTRIAL (GENERAL) 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
1996
Heating
NONE
Units
1
Lot
4.45 ac
Current owner
From public records · entity-resolved
Ev Newton LLC
Entity
Mailing address
3323 NE 163RD ST STE #600, N MIAMI BEACH, FL 33160-5598
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Sep 15, 2021
$18,600,000
Ev Newton LLC
Rif IV Newton LLC
Grant Deed
$13,365,000 · Zb NA
Mar 22, 2010
—
Rif IV-newton LLC
—
Deed Of Trust
related
$72,000,000 · Bank Of America
Apr 10, 2007
—
Rif IV-newton LLC
Carmel Oaks Properties LLC
Grant Deed
$9,500,000 · Bank Of America
Jun 26, 2001
—
Carmel Oaks Properties LLC
Real Estate 3 LLC
Grant Deed
$3,220,000 · Alliance Bank
Apr 30, 1998
—
Real Estate 3 LLC
—
Grant Deed
related
$3,750,000 · Southern California Bank
Dec 26, 1997
$2,576,000
Real Estate 3 LLC
Sheico USA INC
Grant Deed
—
Mar 7, 1995
—
Q D S Enterprise INC Etal
Upland Industries Corp,
Grant Deed
related
—
—
—
Real Estates 3 LLC
—
Deed Of Trust
related
$5,137,500 · Wells Fargo Bank
—
—
Carmel Oaks Properties LLC
—
Deed Of Trust
related
$4,700,000 · General Electric Capital 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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