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    Property profile & analytics

    624 Camelot Dr Oceanside, CA 92054-4802

    • Warehouses
    • 11,600 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimations
    $470,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8583159
    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

    • North County Yellow Cab / Taxi Service / Airport Shuttle Service

    Property Details for 624 Camelot Dr

    Lot size
    0.51 lot acres
    Property size
    11,600 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Warehouses
    APN
    149-271-06-00
    APU
    1492710600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $475,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $338,000
      Market price range: $339k - $988k

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

    Location Insight

    • Map
    • Local Demand
    City
    Oceanside
    County
    San Diego
    State
    California
    Longitude
    -117.343
    Latitude
    33.2
    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
    $6,519
    $243,927
    $306,650
    $550,577
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,185,000
      46,288 SF

      3093 Industry St

      WAREHOUSE, STORAGE • 46,288 SF
      3093 Industry St, Oceanside, CA 92054-4864
      View Details
    • Value Estimation
      $940,000
      20,145 SF

      3021 Industry St

      WAREHOUSE, STORAGE • 20,145 SF
      3021 Industry St, Oceanside, CA 92054-4834
      View Details
    • Value Estimation
      $1,465,000
      41,692 SF

      3044 Industry St, Unit 60

      WAREHOUSE, STORAGE • 41,692 SF
      3044 Industry St, Oceanside, CA 92054-4475
      View Details
    • Value Estimation
      $435,000
      1.14 Acres

      2880 Industry St

      WAREHOUSE, STORAGE • 1.14 Acres
      2880 Industry St, Oceanside, CA 92054-4812
      View Details
    • Value Estimation
      $1,030,000
      67,450 SF

      1783 Oceanside Blvd

      WAREHOUSE, STORAGE • 67,450 SF
      1783 Oceanside Blvd, Oceanside, CA 92054-3453
      View Details
    • Value Estimation by Request
      0.12 Acres

      316 Cleveland St

      WAREHOUSE, STORAGE • 0.12 Acres
      316 Cleveland St, Oceanside, CA 92054
      View Details

    Similar Nearby for Sale

    • $1,475,000
      3,000 SF

      Freestanding Building with Usable Yard

      3,000 SF building with 17,000 SF usable yard.
      2505 Industry St, Oceanside, CA 92054
      View Details
    • $2,095,000
      0.13 Acres

      1629 Coast Hwy, Oceanside, CA 92054

      Industrial properties • 0.13 Acres
      1629 Coast Hwy, Oceanside, CA 92054
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    • $1,978,000

      Tremont Street Development Opportunity

      10,000 SF C-2 zoned land near transit station.
      310 S Tremont St, Oceanside, CA 92054
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    • $1,239,000

      Oceanside Specialty Property For Sale

      Specialty property available for purchase in Oceanside, California.
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    • Contact for pricing
      10,229 SF

      Oceanside Retail Buildings For Sale

      Two retail buildings in Oceanside, CA, can be purchased separately.
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    • $1,980,000

      Residential Land Near Sprinter Station

      1.75 acres of residential land near transportation and retail.
      571-575 Canyon Dr, Oceanside, CA 92054
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    Similar Nearby for Lease

    • $1.25 SF/Yr
      24,713 SF

      Industrial Suite with Roll-up Doors

      15,086 SF industrial suite available for lease.
      1405 South Coast Hwy, Oceanside, CA 92054
      View Details
    • $1.25 SF/Yr
      28,000 SF

      Oceanside Industrial Suite For Lease

      15,086 SF industrial suite with roll-up doors available now.
      1403-1405 S Coast Hwy, Oceanside, CA 92054
      View Details
    • $1.25 SF/Yr
      15,086 SF

      Oceanside Industrial Suite Available Now

      15,086 SF industrial suite with roll-up doors for lease.
      1403-1407 S Coast Hwy, Oceanside, CA 92054
      View Details
    • Contact for pricing
      12,497 SF

      Retail/Industrial/Flex Space Available

      Retail/industrial/flex space with signage and highway exposure.
      1555 S Coast Hwy, Oceanside, CA 92054
      View Details
    • Contact for pricing
      2,337 SF

      Retail Space Available

      In-line retail space for rent in Oceanside, California.
      2335-2535 Vista Way, Oceanside, CA 92054
      View Details
    • Contact for pricing
      30,920 SF

      Oceanside Retail Space Available

      Retail property available for lease in Oceanside, California.
      2170-2184 Vista Way, Oceanside, CA 92054
      View Details
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    624 Camelot Dr
    Oceanside, CA 92054-4802
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    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
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