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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Office Spaces
6221 Metropolitan St Carlsbad, CA 92009-3096
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-6537348
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2009
Total area
5,281 SF
Lot
1.94 ac (84,715 SF)
Zoning code
COMMERCIAL
APN
213-260-01-09
UPID
US09-6537348
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
-
Bressi Ranch Medical Plaza Medical Clinic
-
True Beauty: Dr. Reagan Brian MD, ASAPS, F.A.C.S., Breast Augmentation, Rhinoplasty,Facelift Physician Medical Clinic
-
Sheikh Cyrous DDS Dental Office
-
Bressi Ranch Family Dentistry Dental Office
-
Bressi Ranch Family Dentistry - Michelle Lee DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.87M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
Lala Investment Properties LLC · 1 yrs held
Lala Investment Properties LLC
since 2024
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,020,000
6.5%
$1,865,000
7%
$1,735,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,265,000
Current use
AUTO REPAIR, GARAGE
$2,015,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10%
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
$268 / 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
$40,805
Tax year 2024
Assessed value
$3,665,487
Assessed 2024
Previous assessed
$3,665,487
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,895,570
Assessed improvement
$1,769,917
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2009
Heating
NONE
Units
1
Total area
5,281 SF
Lot
1.94 ac (84,715 SF)
Zoning code
COMMERCIAL
APN
213-260-01-09
UPID
US09-6537348
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
OFFICE BUILDING Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
2009
Heating
NONE
Units
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
Lala Investment Properties LLC
Entity
Mailing address
6221 METROPOLITAN ST STE #201, CARLSBAD, CA 92009-3096
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
$1,970,000
Lala Investment Properties LLC
Discovery Childrens Dentistry LLC
Grant Deed
$1,568,000 · Us Bank NA
Sep 20, 2021
$1,400,000
Healthcare Properties LLC
Metropolitan 102 LLC
Grant Deed
$1,050,000 · Jpmorgan Chase Bank NA
Feb 17, 2021
—
Discovery Childrens Dentistry LLC
—
Deed
related
$630,000 · First Citizens Bank & Trust Co
Oct 19, 2020
—
6221 Metropolitan LLC
Spellman C N & Lee M F/tr
Quitclaim Deed
—
Aug 18, 2020
—
Spellman & Lee Family Trust
Michelle Lee
Quitclaim Deed
related
—
Jul 1, 2020
—
Michelle Lee
Lien Lee
Quitclaim Deed
related
—
Aug 16, 2017
—
Metropolitan 102 LLC
—
Deed
related
$904,000 · Bank Of The West
Sep 10, 2009
$2,496,500
6 Pak LLC
Bressi Ranch Medical Plaza LLC
Grant Deed
$1,480,000 · Ironstone Bank
—
—
6 Pak LLC
—
Deed Of Trust
related
$1,195,000 · Edf Resource Capital INC
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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