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Property profile & analytics
OFF-MARKET
Estimated value
$7,490,000
Medical Office Space
5900 Pasteur Ct Carlsbad, CA 92008-7330
Entity Owned
~
Est. High Equity
Property ID
US09-9755274
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Total area
47,860 SF
Lot
3.16 ac (137,649 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-120-22-00
UPID
US09-9755274
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
-
Grand Pacific Exchange Corporate Office
-
Grand Pacific Resorts Hotel & Motel Resort
-
Lucia Capital Group - Carlsbad Financial Advisor
-
Janean Stripe. CFP® - Lucia Capital Group Financial Advisor
-
My Club Vacay Vacation Rental Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.49M
Owner & transaction history
Grand Pacific Carlsbad LP
Grand Pacific Carlsbad LP
since 2026
Last sale
$16,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$156 / 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
$72,723
Tax year 2024
Assessed value
$6,778,820
Assessed 2024
Previous assessed
$6,778,820
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,289,934
Assessed improvement
$5,488,886
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Heating
NONE
Units
1
Total area
47,860 SF
Lot
3.16 ac (137,649 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-120-22-00
UPID
US09-9755274
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
1998
Heating
NONE
Units
1
Lot
3.16 ac
Current owner
From public records · entity-resolved
Grand Pacific Carlsbad LP
Entity
Mailing address
5900 PASTEUR CT, CARLSBAD, CA 92008-7330
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
29 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2026
$4,500
Grand Pacific Carlsbad LP
Grand Pacific Resorts INC
Grant Deed
—
Jan 22, 2026
$16,000
Grand Pacific Carlsbad LP
Eric D Youngblood
Grant Deed
—
May 28, 2025
$69,000
Grand Pacific Resorts INC
Grand Pacific Palisades Owners Assn
Grant Deed
—
Mar 20, 2025
—
Donald Bishop Clark
—
Deed
related
$2,450 · Advanced Commercial Corpora
Sep 30, 2021
—
William Haggerty
—
Deed
related
$57,951 · Grand Pacific Carsbad LP
Oct 17, 2019
—
Zenie B Javier
—
Deed
related
$20,965 · Private Individual
Jan 17, 2019
—
Roger Y Rayala IV
—
Deed
related
$30,048 · Private Individual
Jun 28, 2018
—
Martha D Louzy
—
Deed
related
$12,212 · Private Individual
Jun 7, 2018
$14,500
Danny Hubbard
Grand Pacific Carlsbad LP
Grant Deed
$13,612 · Private Individual
Jun 28, 2017
—
Grand Pacific Plaza LP
—
Deed
related
$5,556,731 · Western Alliance Bk
Jul 20, 2015
$2,000
James Wood
Pelletier Family Trust
Grant Deed
—
Dec 12, 2007
—
Timeshare Holding Co LLC
Goodman,stuart M
Warranty Deed
related
—
Mar 27, 2007
—
Vi Network INC
Hall Living Trust
Grant Deed
related
—
Jul 28, 2006
$27,500
Michael O Welisch
Grand Pacific Carlsbad
Grant Deed
related
$25,536 · Grand Pacific Carlsbad LP
May 13, 2005
—
Smith Family Trust
Smith,steven & Kathy
Quit Claim Deed
related
—
Mar 24, 2005
—
Andrea L Garcia
—
Trustees Deed
related
$7,200 · Usaa Fsb
Nov 15, 2002
$11,000
Victor Urena
Grand Pacific Palisades LLC
Grant Deed
related
$10,686 · Grand Pacific Palisades LLC
Aug 2, 2002
$17,000
Robert J Minor
Grand Pacific Palisades LLC
Grant Deed
related
$15,986 · Grand Pacific Palisades LLC
Mar 15, 2002
$22,000
Ronald E Runyan
Grand Pacific Palisades LLC
Grant Deed
related
$20,486 · Grand Pacific Palisades LLC
Dec 21, 2001
$19,000
Michael Holtz
Grand Pacific Palisades LLC
Grant Deed
related
$17,786 · Grand Pacific Palisades LLC
Jun 30, 1999
$15,000
David M Williams
Grand Pacific Palisades LLC
Grant Deed
related
$13,941 · Grand Pacific Palisades LLC
Jul 23, 1997
—
Grand Pacific Plaza LLC
Union Pacific Railroad Co,
Grant Deed
related
—
—
—
Grand Pacific Plaza LP
—
Deed Of Trust
related
$2,500,000 · Torrey Pines Bank
—
—
Grand Pacific Plaza LP
—
Loan Modification
related
$5,556,731 · Western Alliance Bk
—
—
Martha D Louzy
—
Deed Of Trust
related
$12,212 · Private Individual
—
—
Zenie B Javier
—
Deed Of Trust
related
$20,965 · Private Individual
—
—
Bernard P Deitelhoff
—
Deed Of Trust
related
$12,952 · Private Individual
—
—
Grand Pacific Plaza LLC
—
Deed Of Trust
related
$4,400,000 · Woodmen Of The World Life Ins
—
—
Roger Y Rayala IV
—
Deed Of Trust
related
$30,048 · Private Individual
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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