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    Property profile & analytics

    7720 El Camino Real Carlsbad, CA 92009

    • Grocery and convenience stores
    • 91,431 SF
    • 8.69 lot acres
    For Lease
    View listing
    Last Sale
    Mar 15, 2021
    $57,600,000
    Value Estimations
    $59,880,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9765113
    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

    • Garrett Electric / Electrical Service / General Contractor
    • Kerri's Skin Care and Waxing / Hair Salon / Nail Salon
    • Beacon Optometry / Physician
    • A Line Boutique / Clothing & Fashion Store
    • Easy Fix Garage Door Repairs Services / Building Supply / General Contractor

    Property Details for 7720 El Camino Real

    Year built
    1982
    Lot size
    8.69 lot acres
    Property size
    91,431 SF
    Zone code
    COMMERCIAL
    Property type
    Grocery and convenience stores
    APN
    216-124-16-00
    APU
    2161241600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $64,245,000
      Market price range: $23.8M - $78.4M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $50,675,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $82,375,000
      Change: +63% Conversion: Moderate
      RESTAURANT
      $59,950,000
      Change: +18% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $48,390,000
      Change: -5% Conversion: Difficult
      MEDICAL BUILDING
      $43,390,000
      Change: -14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.266
    Latitude
    33.0829
    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
    $569,508
    $20,371,838
    $27,957,668
    $48,329,506
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,185,000
      12,950 SF

      2629 Gtwy Rd

      GROCERY, SUPERMARKET • 12,950 SF
      2629 Gtwy Rd, Carlsbad, CA 92009-1726
      View Details
    • Value Estimation
      $9,720,000
      47,363 SF

      2687 Gtwy Rd

      GROCERY, SUPERMARKET • 47,363 SF
      2687 Gtwy Rd, Carlsbad, CA 92009-1726
      View Details
    • Value Estimation
      $3,070,000
      16,451 SF

      2650 Gtwy Rd

      GROCERY, SUPERMARKET • 16,451 SF
      2650 Gtwy Rd, Carlsbad, CA 92009-1773
      View Details
    • Value Estimation
      $9,680,000
      50,529 SF

      7660 El Camino Real

      GROCERY, SUPERMARKET • 50,529 SF
      7660 El Camino Real, Carlsbad, CA 92009-7901
      View Details
    • Value Estimation
      $7,150,000
      30,800 SF

      7710 El Camino Real

      GROCERY, SUPERMARKET • 30,800 SF
      7710 El Camino Real, Carlsbad, CA 92009-8506
      View Details
    • Value Estimation
      $1,345,000
      7,500 SF

      2776 Gtwy Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,500 SF
      2776 Gtwy Rd, Carlsbad, CA 92009-1730
      View Details

    Similar Nearby for Sale

    • $58,800
      69,696.00 Acres

      Carlsbad Land/Lot Opportunity

      1.6-acre open space parcel in desirable Carlsbad location.
      Bolero St, Carlsbad, CA 92009
      View Details
    • $2,350,000

      Carlsbad Land Opportunity

      Land available in Carlsbad, California.
      Between 7402-7412 Cadencia St, Carlsbad, CA 92009
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      954 SF

      Retail Space in La Costa

      954 SF retail space with high visibility and access.
      7720 Rancho Santa Fe Rd, Carlsbad, CA 92009
      View Details
    • Contact for pricing
      10,093 SF

      La Costa Town Square Retail Spaces

      Prime Carlsbad Retail, Multiple Units Available
      3439 Via Montebello, Carlsbad, CA 92009
      View Details
    • Contact for pricing
      2,408 SF

      Retail Space in Bressi Ranch

      Retail space available in established shopping center.
      2647 Gateway Rd, Carlsbad, CA 92009
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    • Contact for pricing
      1,862 SF

      Retail Space in Bressi Ranch

      Retail space available in a busy shopping center.
      2641 Gateway Rd, Carlsbad, CA 92009
      View Details
    • Contact for pricing

      Retail Space in Carlsbad Center

      Retail spaces available in a high-traffic Carlsbad shopping center.
      2622-2674 Gateway Rd, Carlsbad, CA 92009
      View Details
    • Contact for pricing

      Retail Space in Carlsbad, CA

      Retail property in affluent north county communities of Carlsbad and Encinitas.
      6981 El Camino Real, Carlsbad, CA 92009
      View Details
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    Carlsbad, CA 92009
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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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