Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    699 Grand Ave Carlsbad, CA 92008-2329

    • Data centers and call centers
    • 5,676 SF
    OFF-MARKET
    Last Sale
    Mar 21, 2023
    Value Estimations
    $545,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9750965
    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

    • Chase Mortgage / Loan Service / Bank
    • Chase Bank / Bank / Loan Service
    • Chase ATM / Atm

    Property Details for 699 Grand Ave

    Year built
    1965
    Property size
    5,676 SF
    Zone code
    COMMERCIAL
    Property type
    Data centers and call centers
    APN
    203-304-33-00
    APU
    2033043300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $415,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $677,000
      Market price range: $315k - $787k

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.348
    Latitude
    33.1614
    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
    $31,488
    $1,961,531
    $949,130
    $2,910,661
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

      675 Carlsbad Vlg Dr

      RADIO OR TV STATION • 0.40 Acres
      675 Carlsbad Vlg Dr, Carlsbad, CA 92008-2306
      View Details
    • Value Estimation
      $600,000
      5,515 SF

      840 Carlsbad Vlg Dr

      RADIO OR TV STATION • 5,515 SF
      840 Carlsbad Vlg Dr, Carlsbad, CA 92008-2318
      View Details
    • Value Estimation by Request
      4,464 SF

      2365 Marron Rd

      RADIO OR TV STATION • 4,464 SF
      2365 Marron Rd, Carlsbad, CA 92008-1165
      View Details
    • Value Estimation by Request
      5,772 SF

      770 Carlsbad Vlg Dr

      RADIO OR TV STATION • 5,772 SF
      770 Carlsbad Vlg Dr, Carlsbad, CA 92008-2316
      View Details
    • Value Estimation by Request
      5,786 SF

      645 Carlsbad Vlg Dr

      RADIO OR TV STATION • 5,786 SF
      645 Carlsbad Vlg Dr, Carlsbad, CA 92008-2306
      View Details
    • Value Estimation by Request
      9,120 SF

      2580 El Camino Real

      RADIO OR TV STATION • 9,120 SF
      2580 El Camino Real, Carlsbad, CA 92008-1201
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,016 SF

      Carlsbad Office Space: Prime Location

      Downtown Carlsbad Office, 5016 sq ft
      2753 St Unit 100, Carlsbad, CA 92008
      View Details
    • $1,500,000
      1,350 SF

      Carlsbad Office Building For Sale

      Office building featuring multiple private offices, waiting area, and restroom.
      2774 Jefferson St, Carlsbad, CA 92008
      View Details
    • $17,392,320
      54,351 SF

      Carlsbad Executive Office Building

      Prime Carlsbad location, 54,351 SF, vacant.
      5935 Darwin Ct, Carlsbad, CA 92008
      View Details
    • $9,806,160
      46,696 SF

      Carlsbad Class A Office Building

      Prime Carlsbad location, value-add opportunity.
      1917 Palomar Oaks Way, Carlsbad, CA 92008
      View Details
    • $8,500,000
      20,375 SF

      Plaza Encinas: Carlsbad Office Building

      Prime Carlsbad Office, Fully Renovated
      5055 Avenida Encinas, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      5.64 Acres

      Carlsbad Land: 5.64 Acres

      Prime Carlsbad development land, ocean views.
      0 Hemingway Dr, Carlsbad, CA 92008
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,840 SF

      Carlsbad Arcade: Creative Office Suites

      Prime Carlsbad Village retail/office space.
      2805-55 Roosevelt St, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      54,446 SF

      Carlsbad Executive Office Suites

      Prime Carlsbad location, ocean views, flexible suites.
      5973 Avenida Encinas, Carlsbad, CA 92008
      View Details
    • $27 SF/Yr
      95,067 SF

      Carlsbad Executive Office Suites

      Prestigious Carlsbad office space, 9 suites available.
      1921 Palomar Oaks Way, Carlsbad, CA 92008
      View Details
    • $1.40 SF/Yr
      2,915 SF

      Carlsbad Office Space Available

      Office space for sublease in Carlsbad, excellent freeway access.
      5140-5142 Avenida Encinas, Carlsbad, CA 92008
      View Details
    • $2 SF/Yr
      1,800 SF

      Carlsbad Flex Space Available

      Flex space featuring offices, conference room, restroom, and reception.
      1945 Camino Vida Roble, Carlsbad, CA 92008
      View Details
    • $1.40 SF/Yr
      2,915 SF

      Carlsbad Office Space Available

      Office space with freeway access and prominent signage available for sublease.
      5140 Avenida Encinas, Carlsbad, CA 92008
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    699 Grand Ave
    Carlsbad, CA 92008-2329
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.