Back to Search
Property profile & analytics
FOR LEASE
Warehouses
5816 Dryden Pl Carlsbad, CA 92008
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9755269
For Lease
1 / 28
$5,730,000
5816 Dryden Pl, Carlsbad, CA 92008
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Total area
22,156 SF
Lot
1.44 ac (62,726 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-091-07-00
UPID
US09-9755269
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
-
San Diego Legion Gym & Fitness Center
-
Saint Inky's De-Fishing Soap Industrial Manufacturer Production Facility
-
wavecloudnetworks Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.60M
CAP Approach
CAP
$5.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.73M
Owner & transaction history
5816 Dryden LLC · 5 yrs held
5816 Dryden LLC
since 2021
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Carlsbad, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.5M
+51.2%
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
$6,430,000
ML approach
$6,600,000
CAP Approach
CAP Return
Estimation
6%
$5,560,000
6.5%
$5,135,000
7%
$4,765,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,280,000
Current use
OFFICE BUILDING
$9,495,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$5.73M
Range $5.16M – $6.30M · ±10% · vs last sale $5.24M (Feb 24 2021)
Last sale anchor
$5.24M
Feb 24 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
$259 / 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
$59,391
Tax year 2024
Assessed value
$5,560,729
Assessed 2024
Previous assessed
$5,560,729
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,228,536
Assessed improvement
$3,332,193
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
1991
Heating
NONE
Units
1
Total area
22,156 SF
Lot
1.44 ac (62,726 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-091-07-00
UPID
US09-9755269
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
$6.3M
OFFICE BUILDING
Est. value
$9.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
1991
Heating
NONE
Units
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
5816 Dryden LLC
Entity
Free & Clear · 5 yrs held
Mailing address
10919 VANOWEN ST, N HOLLYWOOD, CA 91605-6408
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2021
$5,240,000
5816 Dryden LLC
Stos Partners 46 Dryden LLC
Grant Deed
—
Sep 12, 2019
$3,780,000
Stos Partners 46 Dryden LLC
Dclw Holdings LLC
Grant Deed
$2,881,100 · C3bank NA
Mar 29, 2017
—
Dclw Holdings LLC
Gardner,caroline M
Quit Claim Deed
—
Jul 24, 2012
—
Caroline M Gardner
Gardner,darren
Quit Claim Deed
related
—
Jun 7, 2012
$1,713,500
Caroline M Gardner
Zinola LP
Grant Deed
—
Feb 22, 2008
$3,425,000
Zinola
Pellaton,eric
Grant Deed
$1,600,000 · North Island Financial Cu
Feb 22, 2008
—
Eric Pellaton
California Pegasus LLC
Quit Claim Deed
related
—
Jan 8, 2004
—
California Pegasus LLC
Pegasus California LLC
Quit Claim Deed
related
—
Oct 3, 2003
—
Pegasus California LLC
Cox,tr
Grant Deed
related
—
Feb 1, 1990
—
James M Cox
—
Grant Deed
related
$1,450,000 · Torrey Pines Bank
Sep 13, 1989
$545,000
James M Cox
Carlsbad Airport
Grant Deed
$340,000 · Torrey Pines 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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
