New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Office Spaces
6221 Metropolitan St Ste 102 Carlsbad, CA 92009-3096
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8545576
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2009
Total area
1,819 SF
Lot
1.94 ac (84,715 SF)
Zoning code
COMMERCIAL
APN
213-260-01-04
UPID
US09-8545576
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.24M
Owner & transaction history
Healthcare Properties LLC · 4 yrs held
Healthcare Properties LLC
since 2021
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Carlsbad, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+110.3%
Retail stores
$1.0M
+29.4%
Medical building
$865,000
+10.8%
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
$1,150,000
ML approach
$1,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$780,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,640,000
Change: +110% · Conversion: Difficult
RETAIL STORES
$1,010,000
Change: +29% · Conversion: Moderate
MEDICAL BUILDING
$865,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10% · vs last sale $1.40M (Sep 20 2021)
Last sale anchor
$1.40M
Sep 20 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
$679 / 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
$16,219
Tax year 2024
Assessed value
$1,456,560
Assessed 2024
Previous assessed
$1,456,560
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$676,260
Assessed improvement
$780,300
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
1,819 SF
Lot
1.94 ac (84,715 SF)
Zoning code
COMMERCIAL
APN
213-260-01-04
UPID
US09-8545576
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
$780,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$865,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2009
Heating
NONE
Units
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
Healthcare Properties LLC
Entity
Mailing address
6221 METROPOLITAN ST STE #102, CARLSBAD, CA 92009-3096
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2021
$1,400,000
Healthcare Properties LLC
Metropolitan 102 LLC
Grant Deed
$1,050,000 · Jpmorgan Chase Bank NA
Jul 22, 2009
$829,636
Metropolitan 102 LLC
Bressi Ranch Medical Plaza LLC
Grant Deed
$650,000 · Ironstone Bank
Jun 8, 2009
—
Bressi Ranch Medical Plaza
Bressi Ranch Medical Plaza LLC
Quit Claim Deed
related
—
Aug 28, 2008
—
Bressi Ranch Medical Plaza LLC
—
Trustees Deed
related
$7,100,000 · California National Bank
Jul 3, 2008
—
Bressi Ranch Medical Plaza LLC
Rancho Pacific Properties INC
Quit Claim Deed
related
—
May 23, 2007
$2,965,500
Bressi Ranch Medical Plaza LLC
Kelly Capital Group INC
Grant Deed
$1,950,000 · Pff Bank & Trust
—
—
Discovery Childrens Dentistry
—
Deed Of Trust
related
$654,400 · Ironstone Bank
—
—
Discovery Childrens Dentistry
—
Deed Of Trust
related
$818,000 · Ironstone Bank
—
—
Metropolitan 102 LLC
—
Deed Of Trust
related
$505,000 · Cdc Small Business Finance Co
—
—
Metropolitan 102 LLC
—
Deed Of Trust
related
$904,000 · Bank Of The West
—
—
Dpt Properties LLC
—
Deed Of Trust
related
$651,000 · Cdc Small Business Finance Co
—
—
Brian J Reagan
—
Deed Of Trust
related
$724,000 · Cdc Small Business Finance Co
—
—
Metropolitan Surgery Venture
—
Deed Of Trust
related
$1,173,000 · Compass 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.
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 6221 Metropolitan St Ste, Unit 102?
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.
