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Property profile & analytics
OFF-MARKET
Estimated value
$9,095,000
Retail space
6120 Paseo Del Norte Carlsbad, CA 92011-1150
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6986254
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Total area
28,250 SF
Lot
1 ac (43,560 SF)
Zoning code
COMMERCIAL
APN
211-040-20-00
UPID
US09-6986254
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
-
Advance CPA Accounting Firm
-
Jordan Bruce M DDS Dental Office
-
Panduru Flavia F DDS Dental Office
-
Jordan Dental Dental Office
-
Nancy Trowbridge Mft Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.69M
CAP Approach
CAP
$7.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.10M
Owner & transaction history
6120 Paseo Del Norte LLC · 1 yrs held
6120 Paseo Del Norte LLC
since 2025
Last sale
$10.7M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
$8,690,000
ML approach
$7,690,000
CAP Approach
CAP Return
Estimation
6%
$8,455,000
6.5%
$7,805,000
7%
$7,245,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$14,950,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$13,405,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$9.10M
Range $8.19M – $10.00M · ±10% · vs last sale $10.65M (Apr 29 2025)
Last sale anchor
$10.65M
Apr 29 2025
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
$322 / 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
$74,281
Tax year 2024
Assessed value
$6,950,912
Assessed 2024
Previous assessed
$6,950,912
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,387,718
Assessed improvement
$4,563,194
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
Off-Market
Year built
1983
Heating
NONE
Units
1
Total area
28,250 SF
Lot
1 ac (43,560 SF)
Zoning code
COMMERCIAL
APN
211-040-20-00
UPID
US09-6986254
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Carlsbad, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.0M
MEDICAL BUILDING
Est. value
$13.4M
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
1983
Heating
NONE
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
6120 Paseo Del Norte LLC
Entity
Free & Clear · 1 yrs held
Mailing address
12631 IMPERIAL HWY STE F232, SANTA FE SPGS, CA 90670-6778
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2025
$10,650,000
6120 Paseo Del Norte LLC
Paseo Del Norte Holdings LLC
Grant Deed
—
Jun 10, 2021
$7,975,000
Paseo Del Norte Holdings LLC
6120 Paseo Del Norte LLC
Grant Deed
$5,200,000 · Citizens Business Bank
Feb 8, 2019
—
6120 Paseo Del Norte LLC
657 Mission Street Bldg Ptshp
Quit Claim Deed
related
—
May 31, 2017
$8,550,000
657 Msn Street Building Ptshp
Plaza Del Norte INC
Grant Deed
—
Jun 10, 2002
—
Plaza Del Norte INC
Plaza Del Norte
Quit Claim Deed
related
—
May 25, 1999
$3,850,000
Plaza Del Norte LLC
Pac-san Development INC
Grant Deed
$2,887,500 · Valley Independent Bank
—
—
Pac-san Development
—
Deed Of Trust
related
$200,000 · Grossmont Bank
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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