Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Hoover St Carlsbad, CA 92008
    Back to Search
    Property profile & analytics

    Hoover St, Carlsbad, CA 92008

    View on Map
    • Commercial land
    • 1.39 lot acres
    Off-Market
    Property ID
    US09-9195110
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for Hoover St

    Lot size
    1.39 lot acres
    Zone code
    R-1:SINGLE FAM-RES
    Property type
    Commercial land
    APN
    206-171-03-00
    APU
    2061710300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 23, 2015 — Sarkaria-englert Family Trust Englert,jon F Quit Claim Deed · related —
    May 21, 2007 — Sarkaria D S & E Family Trust Sarkaria,daljit S & Elaine Quit Claim Deed · related —
    Jan 16, 2007 — Jann N Sarkaria Sarkaria,elizabeth A Quit Claim Deed · related —
    Sep 23, 1992 $295,500 Jann N Sarkaria Sarkaria,daljit Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.331
    Latitude
    33.1478
    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
    $5,741
    $501,399
    $0.00
    $501,399
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      21.23 Acres

      Haymar Dr

      VACANT COMMERCIAL LAND
      Haymar Dr, Carlsbad, CA 92008
      View Details
    • Value Estimation by Request
      0.72 Acres

      Carlsbad, CA 92008

      VACANT COMMERCIAL LAND
      Carlsbad, CA 92008
      View Details
    • Value Estimation by Request
      0.08 Acres

      Carlsbad, CA 92008

      VACANT COMMERCIAL LAND
      Carlsbad, CA 92008
      View Details
    • Value Estimation by Request
      0.61 Acres

      Encinas Avda

      VACANT COMMERCIAL LAND
      Encinas Avda, Carlsbad, CA 92008
      View Details
    • Value Estimation by Request
      3.32 Acres

      Encinas Avda

      VACANT COMMERCIAL LAND
      Encinas Avda, Carlsbad, CA 92008
      View Details
    • Value Estimation by Request

      Carlsbad Vlg Dr

      VACANT COMMERCIAL LAND
      Carlsbad Vlg Dr, Carlsbad, CA 92008
      View Details

    Similar Nearby for Sale

    • $6,795,000

      Carlsbad Beachside Development Opportunity

      Prime coastal property with development potential near Carlsbad beaches.
      3056 Carlsbad Blvd, Carlsbad, CA 92008
      View Details
    • Contact for pricing

      Carlsbad Blvd Coastal Development Opportunity

      Two parcels near the beach with redevelopment and income potential.
      3056 Carlsbad Rd, Carlsbad, CA 92008
      View Details
    • Contact for pricing

      Carlsbad Land for Restaurant

      Freeway-visible land in Carlsbad, CA, suitable for restaurant use.
      850 Tamarack Ave, Carlsbad, CA 92008
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Planned Retail Development in Carlsbad

      Retail spaces in a planned community with residential units.
      4615-4625 Gdn Hl Loop, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      Pending

      Carlsbad Retail Space Available

      Retail space for rent in Carlsbad Village.
      300 Carlsbad Village Dr, Carlsbad, CA 92008
      View Details
    • $3 SF/Yr
      22,286 SF

      Carlsbad Office Space Available

      8,210 SF office space for rent in Carlsbad.
      5790 Fleet St, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      6,484 SF

      Carlsbad Flex R&D Space

      Flex R&D space available for lease in Carlsbad.
      2262 Rutherford Rd, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      2,352 SF

      Carlsbad Office Space Available

      Office space available for rent in Carlsbad, California.
      5937 Darwin Ct, Carlsbad, CA 92008
      View Details
    • Contact for pricing
      3,881 SF

      Carlsbad Industrial Property for Rent

      Industrial property available for rent in Carlsbad, California.
      5939 Darwin Ct, 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.
    Hoover St
    Carlsbad, CA 92008
    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

    Thank You for Inquiry
    Hoover St, Carlsbad, CA, 92008
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!