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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Manufacturing properties
6068 Corte Del Cedro Carlsbad, CA 92011-1514
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9753344
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1981
Total area
4,803 SF
Lot
0.12 ac (5,204 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
213-080-10-00
UPID
US09-9753344
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
-
Nakoa Fitness and Physical Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
$915k
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.22M
Owner & transaction history
Nakoa Fitness · 5 yrs held
Nakoa Fitness
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Carlsbad, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+76.1%
Warehouse, storage
$1.4M
+30.7%
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
$1,225,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
$995,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,040,000
Current use
AUTO REPAIR, GARAGE
$1,835,000
Change: +76% · Conversion: Easy
WAREHOUSE, STORAGE
$1,360,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10% · vs last sale $1.20M (Feb 9 2021)
Last sale anchor
$1.20M
Feb 9 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
$253 / 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
$13,632
Tax year 2024
Assessed value
$1,273,600
Assessed 2024
Previous assessed
$1,273,600
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$636,724
Assessed improvement
$636,876
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1981
Heating
NONE
Units
1
Total area
4,803 SF
Lot
0.12 ac (5,204 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
213-080-10-00
UPID
US09-9753344
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1981
Heating
NONE
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Nakoa Fitness
Individual
Mailing address
637 PNE TREE LN, VISTA, CA 92081-6810
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2021
$1,200,500
Nakoa Fitness
Susan B Galland
Grant Deed
$615,000 · Morgan Stanley Bank NA
Feb 9, 2021
—
Nakoa Fitness And Physical Therapy
—
Deed
related
$502,000 · California Statewide Certified Developme
Mar 7, 2018
—
Susan B Galland
—
Deed
related
$312,000 · Michael Hall
Feb 21, 2017
$920,000
Susan B Galland
Sundown Real Estate Partners
Grant Deed
—
Feb 21, 2017
—
Susan B Galland
Galland,boydd B
Quit Claim Deed
related
—
Apr 28, 2005
$857,000
Sundown Real Estate Ptrs LLC
Becker Frank R & N R
Grant Deed
$642,600 · Union Bank Of California
May 22, 2001
—
Frank Richard Etal Becker
Becker,frank R Etal
Quit Claim Deed
related
—
Oct 19, 1999
$411,280
Becker Trust
6068 Corte Del Cedro Ptshp
Grant Deed
$291,280 · 6068 Corte Del Cedro Ptshp
Dec 28, 1992
—
6068 Corte Del Cedro Partnership
Carpenter,albert
Quit Claim Deed
related
$72,823 · Seller
—
—
6068 Corte Del Cedro Partnership
—
Deed Of Trust
related
$872,950 · Capital Bank NA
—
—
Susan B Galland
—
Deed Of Trust
related
$312,000 · Michael Hall
—
—
Becker,tr
—
Deed Of Trust
related
$250,000 · Regents Bank NA
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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