Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5927 Balfour Ct, Unit 205206 Carlsbad, CA 92008-7375

    • Office Properties & Spaces
    • 3,382 SF
    • 3.05 lot acres
    OFF-MARKET
    Last Sale
    Mar 07, 2022
    $1,227,000
    Value Estimations
    $1,115,000
    Show details
    Cap Rate Potential
    9.9%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US09-9788629
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pro Accounting Solutions / Accounting Firm
    • Law Office of Thomas E. Ladegaard, APC / Consultant
    • The Helvetica Group / Bank
    • Madison Appraisal Services Inc / Real Estate Agency
    • Neoverve.com - We Help Businesses Succeed at E-commerce. / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 5927 Balfour Ct

    Year built
    2005
    Lot size
    3.05 lot acres
    Property size
    3,382 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Office Properties & Spaces
    APN
    212-070-13-07
    APU
    2120701307

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $785,000
      ML approach
      $790,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,295,000
      6.5%
      $1,195,000
      7%
      $1,110,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,459,000
      Market price range: $860k - $1.92M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,450,000
      Current use
      MEDICAL BUILDING
      $1,605,000
      Change: +11% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,290,000
      Change: -11% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.281
    Latitude
    33.1299
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,610
    $520,200
    $756,370
    $1,276,570
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $845,000
      2,729 SF

      1295 Carlsbad Vlg Dr

      CONDOMINIUM OFFICES • 2,729 SF
      1295 Carlsbad Vlg Dr, Carlsbad, CA 92008-1950
      View Details
    • Value Estimation by Request
      1,754 SF

      5927 Balfour Ct Ste, Unit 101

      CONDOMINIUM OFFICES • 1,754 SF
      5927 Balfour Ct Ste, Carlsbad, CA 92008-7376
      View Details
    • Value Estimation by Request
      1,367 SF

      5927 Balfour Ct Ste, Unit 202

      CONDOMINIUM OFFICES • 1,367 SF
      5927 Balfour Ct Ste, Carlsbad, CA 92008-7377
      View Details
    • Value Estimation by Request
      1,476 SF

      5927 Balfour Ct Ste, Unit 209

      CONDOMINIUM OFFICES • 1,476 SF
      5927 Balfour Ct Ste, Carlsbad, CA 92008-7377
      View Details
    • Value Estimation
      $1,115,000
      3,202 SF

      5927 Balfour Ct Ste, Unit 213

      CONDOMINIUM OFFICES • 3,202 SF
      5927 Balfour Ct Ste, Carlsbad, CA 92008-7377
      View Details
    • Value Estimation by Request
      827 SF

      2677 State St, Unit 101

      CONDOMINIUM OFFICES • 827 SF
      2677 State St, Carlsbad, CA 92008-1627
      View Details

    Similar Nearby for Sale

    • $17,392,320
      54,351 SF

      Carlsbad Executive Office Building

      Prime Carlsbad location, 54,351 SF, vacant.
      5935 Darwin Ct, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      5,016 SF

      Carlsbad Office Space: Prime Location

      Downtown Carlsbad Office, 5016 sq ft
      2753 St Unit 100, Carlsbad, CA 92008
      View Details
    • $9,806,160
      46,696 SF

      Carlsbad Class A Office Building

      Prime Carlsbad location, value-add opportunity.
      1917 Palomar Oaks Way, Carlsbad, CA 92008
      View Details
    • $8,500,000
      20,375 SF

      Plaza Encinas: Carlsbad Office Building

      Prime Carlsbad Office, Fully Renovated
      5055 Avenida Encinas, Carlsbad, CA 92008
      View Details
    • $1,500,000
      1,350 SF

      Carlsbad Office Building For Sale

      Office building featuring multiple private offices, waiting area, and restroom.
      2774 Jefferson St, Carlsbad, CA 92008
      View Details
    • Contact for pricing

      Carlsbad Luxury Land Development Opportunity

      Ocean View Residential Land in Carlsbad, CA
      1 Hemingway Dr, Carlsbad, CA 92008
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      146,461 SF

      Wright Place Executive Offices

      San Diego Class A Office Space for Lease
      1902-1903 Palomar Oaks Way, Carlsbad, CA 92008
      View Details
    • $23 SF/Yr
      17,056 SF

      Genesis Corporate Center: Carlsbad Office Space

      Prestigious Carlsbad office building; 9,104 SF available.
      5938 Priestly Dr, Carlsbad, CA 92008
      View Details
    • $39 SF/Yr
      14,765 SF

      Carlsbad Office Space: Pacific Ridge

      Prime Carlsbad office, ocean views.
      5780 Fleet St, Carlsbad, CA 92008
      View Details
    • $2 SF/Yr
      46,833 SF

      Carlsbad Office Space for Lease

      Prime Carlsbad Office & R&D Space Available
      5962 La Place Ct, Carlsbad, CA 92008
      View Details
    • $16 SF/Yr
      9,351 SF

      Carlsbad Office Suites Available

      Prime Carlsbad location, flexible office space.
      2231 Faraday Ave, Carlsbad, CA 92008
      View Details
    • $31 SF/Yr
      51,162 SF

      Prestigious Carlsbad Executive Suites

      Class A Office Space, San Diego County
      5050 Avenida Encinas, Carlsbad, CA 92008
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5927 Balfour Ct, Unit 205206
    Carlsbad, CA 92008-7375
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.