2251 Las Palmas DrCarlsbad, CA 92011

Property Details for 2251 Las Palmas Dr

Year built

1981

Lot size

1.24 AC

Property size (Sq ft)

11,600 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Retail space

APN

213-050-30-00

APU

2130503000

Description

This exceptional 11,600-square-foot freestanding building in Carlsbad, CA, presents a unique opportunity for businesses seeking flexible and modern workspace. Situated on a 1.24-acre gated lot, this Class B property boasts a recent 2023 exterior remodel, offering a stunning first impression. The interior features approximately 3,500 square feet of open workspace, a 1,200-square-foot soundproof studio with wood flooring and a stage, three conference rooms, and twelve or more private offices. The building's versatility is further enhanced by three glass roll-up doors and three skylights, providing ample natural light. Built in 1975 and renovated in 2004, the property includes a new energy-efficient insulated roof, LED lighting, and a smart HVAC system, ensuring year-round comfort and energy savings. Additional features include 36 total parking spaces, four drive-ins, 120/240 600AMP power, and six Tesla charging stations. The minimum divisible space is 100 square feet, with a maximum contiguous space of 4,000 square feet, spread across 16 suites. The building is zoned PM and offers a 15-foot ceiling height. This property is perfect for a variety of uses, including traditional office, executive office, coworking, creative office, flex space, R&D, and light manufacturing. The location in Carlsbad, CA (zip code 92011) provides easy access to major transportation routes and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,574,374

  6.5%

  $3,299,422

  7%

  $3,063,749

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,731,017

  Geo Method

  $10,288,787

• Alternative Use

  Use

  Valuation

  Residential

  $2,783,186

  Hospitality

  $2,549,384

  Educational

  $2,121,057

  Medical

  $2,194,004

  Retail

  $3,299,422

Location Insight

City

Carlsbad

County

San Diego

State

California

Latitude

33.1175

Longitude

-117.271

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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