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Property profile & analytics
FOR LEASE
Retail space
5857 Owens Ave Carlsbad, CA 92008
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9755273
For Lease
$13,585,000
5857 Owens Ave, Carlsbad, CA 92008
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
65,500 SF
Lot
4.24 ac (184,694 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-092-32-00
UPID
US09-9755273
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
-
Statseeker (Bike/Boat/Book/etc) Store Corporate Office
-
vteams (Bike/Boat/Book/etc) Store Corporate Office
-
Hoopla (Bike/Boat/Book/etc) Store Corporate Office
-
Mpact International, Inc (Bike/Boat/Book/etc) Store Corporate Office
-
MK4Solutions (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.59M
Owner & transaction history
Palomar Heights Holdings LLC · 14 yrs held
Palomar Heights Holdings LLC
since 2011
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%
$19,600,000
6.5%
$18,095,000
7%
$16,800,000
Blend value · Realmo final
$13.59M
Range $12.23M – $14.94M · ±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
$207 / 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
$207,700
Tax year 2024
Assessed value
$18,224,890
Assessed 2024
Previous assessed
$18,224,890
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$4,925,710
Assessed improvement
$13,299,180
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2000
Heating
NONE
Units
1
Total area
65,500 SF
Lot
4.24 ac (184,694 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-092-32-00
UPID
US09-9755273
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.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Units
1
Lot
4.24 ac
Current owner
From public records · entity-resolved
Palomar Heights Holdings LLC
Entity
Mailing address
595 S 80TH E STE #400, LOGAN, UT 84321-6845
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Mar 14, 2022
—
Palomar Heights Holdings LLC
—
Deed
related
$11,000,000 · Sunwest Bank
Jan 17, 2019
—
Palomar Heights Holdings LLC
—
Loan Modification
related
$36,225,000 · Wells Fargo Bk
Oct 17, 2011
$2,252,255
Palomar Heights Holdings LLC
Palomar Heights I LP
Grant Deed
—
Dec 31, 2009
—
Heights I LP Palomar
Palomar Heights II LP
Quit Claim Deed
$11,400,000 · Wells Fargo Bank
Jun 20, 2008
$15,800,000
Heights I Palomar
Buie Carlsbad LLC
Grant Deed
—
Oct 31, 2001
$1,081,000
Buie-bonita Meadows LLC
Carlsbad Summit LLC
Grant Deed
—
Aug 3, 2001
—
Carlsbad Summit LLC
—
Deed Of Trust
related
$10,000,000 · First Bank & Trust
Feb 26, 1999
—
Carlsbad Summit LLC
—
Grant Deed
related
$11,000,000 · First Bank & Trust
Nov 13, 1997
—
Carlsbad Summit LLC
Mtk Corp America
Grant Deed
$2,500,000 · First Bank & Trust
—
—
Buie Carlsbad LLC
—
Deed Of Trust
related
$11,400,000 · Lasalle National Bank
—
—
California Pegasus LLC
—
Deed Of Trust
related
$2,450,000 · Eric Pellaton
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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