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Property profile & analytics
FOR LEASE
Retail space
701 Palomar Airport Rd 300 Carlsbad, CA 92011
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-9753571
For Lease
1 / 11
$129-$18,971/Mo per office
701 Palomar Airport Rd,Unit 300, Carlsbad, CA 92011
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Property summary
AI-generated overview
This Class A, nine-story office building, Carlsbad Pacific Center, offers 130,019 square feet of executive office space in the desirable Carlsbad, California, location. Built in 1986, the property boasts a park-like setting and is strategically located along the Palomar Airport and Interstate-5 corridors, less than a quarter mile from the beach. The building features efficient floor plans with extensive window lines and outstanding views, along with energy-saving features designed to enhance productivity. Currently, 18,503 square feet of space is vacant, divisible into units ranging from 771 to 4,614 contiguous square feet. The complex provides 489 parking spaces for tenants and is situated near abundant retail, recreational, and entertainment options. This prime location in the thriving North San Diego County employment hub offers a compelling opportunity for businesses seeking a high-quality, attractive workspace to attract and retain top talent. The property is located at 701, 703 & 705 Palomar Airport Rd, Carlsbad, CA 92011, within San Diego County.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Total area
50,700 SF
Lot
2.32 ac (101,059 SF)
Zoning code
COMMERCIAL
APN
210-100-17-00
UPID
US09-9753571
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
-
Resource Analysis Corporation Tech Support Center (Bike/Boat/Book/etc) Store
-
Mitsubishi Electric Automation Electrical Service General Contractor
-
Rooter Hero Plumbing & Air Plumbing Service General Contractor
-
America's Loan Advisors Loan Service Bank
-
Sharma Kliche Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.53M
Owner & transaction history
Si Carlsbad Pacific Center Vv LLC
Si Carlsbad Pacific Center Vv LLC
since 2025
Last sale
$26.5M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · Carlsbad, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$33.2M
+18.3%
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%
$15,170,000
6.5%
$14,005,000
7%
$13,005,000
Alternative Use
Use
Estimation
RETAIL STORES
$28,100,000
Current use
RESTAURANT
$33,240,000
Change: +18% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$26,835,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$24,060,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$20.53M
Range $18.47M – $22.58M · ±10% · vs last sale $26.45M (Jul 1 2025)
Last sale anchor
$26.45M
Jul 1 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
$405 / 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
$150,631
Tax year 2024
Assessed value
$14,139,412
Assessed 2024
Previous assessed
$14,139,412
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$4,123,993
Assessed improvement
$10,015,419
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
For Lease
Year built
1987
Heating
NONE
Units
1
Total area
50,700 SF
Lot
2.32 ac (101,059 SF)
Zoning code
COMMERCIAL
APN
210-100-17-00
UPID
US09-9753571
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Carlsbad, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Carlsbad, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$28.1M
RESTAURANT
Est. value
$33.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$26.8M
MEDICAL BUILDING
Est. value
$24.1M
RETAIL STORES Current
RESTAURANT
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
1987
Heating
NONE
Units
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
Si Carlsbad Pacific Center Vv LLC
Entity
Free & Clear · 0 yrs held
Mailing address
138 CONANT ST, BEVERLY, MA 01915-1672
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$26,450,000
Si Carlsbad Pacific Center Vv LLC
Brookwood Pacific Office I LLC
Grant Deed
—
Nov 12, 2021
—
Brookwood Pacific Office I LLC
—
Deed
related
$500,000 · Western Alliance Bank
Jun 26, 2015
$32,150,000
Brookwood Pacific Office I LLC
Cognac Carlsbad Pacific Center LLC
Grant Deed
—
Jan 18, 2006
—
Cognac Carlsbad Pacific Ctr Ll
Owner,record
Grant Deed
—
Nov 13, 1997
$16,000,000
Prentiss Properties Acquisitio
Metropolitan Life Insurance
Grant Deed
—
—
—
England Mutual Life Ins New
—
Deed Of Trust
related
$5,900,000 · John Hancock Mutual Life Ins
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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