Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,195,000
Warehouses
5919 Farnsworth Ct Carlsbad, CA 92008-7303
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9788633
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Total area
21,436 SF
Lot
1.48 ac (64,468 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-070-07-00
UPID
US09-9788633
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
-
Mardx Diagnostics Inc. Medical Supply Store
-
True Diagnostics Inc. Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.09M
CAP Approach
CAP
$4.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.20M
Owner & transaction history
T Swartz Properties LLC · 5 yrs held
T Swartz Properties LLC
since 2020
Last sale
$4.3M
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
$6,410,000
ML approach
$6,085,000
CAP Approach
CAP Return
Estimation
6%
$5,380,000
6.5%
$4,965,000
7%
$4,610,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,075,000
Current use
Blend value · Realmo final
$5.20M
Range $4.68M – $5.71M · ±10% · vs last sale $4.26M (Nov 20 2020)
Last sale anchor
$4.26M
Nov 20 2020
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
$242 / 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
$48,294
Tax year 2024
Assessed value
$4,520,746
Assessed 2024
Previous assessed
$4,520,746
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,591,812
Assessed improvement
$2,928,934
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
Off-Market
Year built
1991
Heating
NONE
Units
1
Total area
21,436 SF
Lot
1.48 ac (64,468 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
212-070-07-00
UPID
US09-9788633
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
$6.1M
WAREHOUSE, STORAGE 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
1991
Heating
NONE
Units
1
Lot
1.48 ac
Current owner
From public records · entity-resolved
T Swartz Properties LLC
Entity
Mailing address
49 CONQUISTADOR VIIA, LA QUINTA, CA 92253
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
T Swartz Propertie LLC
—
Deed
related
$2,590,000 · Mission FCU
Nov 20, 2020
$4,260,000
T Swartz Properties LLC
Barco Investments INC
Grant Deed
$10,000 · Sunwest Bank
Jan 22, 2007
—
Barco Investments INC
Barteaux,richard
Quit Claim Deed
related
—
Nov 16, 2006
—
Richard Barteaux
Barteaux Family
Quit Claim Deed
related
—
Aug 25, 1994
$171,500
Barteaux Family LP
Barteaux,richard L
Grant Deed
related
—
Jul 7, 1994
—
Barteaux Family Limited P
Barteaux,walter
Quit Claim Deed
related
—
May 26, 1992
$175,000
Richard L Barteaux JR.
Barteaux Trust
Grant Deed
related
—
Apr 22, 1992
$1,750,000
Barteaux Trust
Dan Lain INC
Grant Deed
—
Mar 22, 1989
$2,034,611
Wilma Pacific In
Upland Industrie
Grant Deed
—
—
—
Upland Industrie
—
Deed Of Trust
related
$4,135,810 · Carlsbad Research
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?”
You own 5919 Farnsworth Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
