5864 Owens AveCarlsbad, CA 92008

Property Details for 5864 Owens Ave

Year built

2001

Lot size

0.14 AC

Property size (Sq ft)

11,520 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Retail space

APN

212-092-39-00

APU

2120923900

Description

This exceptional 4,081 square foot flex space, located in the Palomar Heights Plaza, offers a prime opportunity for businesses seeking a versatile and conveniently located workspace in Carlsbad, CA. The property is part of a larger 11,520 square foot building, constructed in 2001, and features a modern steel frame. The space is immediately available and boasts a highly desirable P-M zoning designation, allowing for a wide range of uses including research and development, and industrial applications (a complete list of permitted uses is available upon request). The building is a two-story Class B property with ample parking (4 spaces per 1,000 square feet), making it ideal for employees and clients. Conveniently situated near Palomar Airport and freeways 5 and 78, this location provides easy access to major transportation arteries. The space itself is move-in ready, featuring a built-out layout including a conference room, reception area, kitchen, and server room. Enjoy the benefits of a vibrant location close to restaurants, entertainment venues, beaches, parks, and shopping. The minimum divisible space is 4,081 square feet, and the maximum contiguous space available is also 4,081 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $3,549,723

  6.5%

  $3,276,668

  7%

  $3,042,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,698,390

  Geo Method

  $10,217,830

• Alternative Use

  Use

  Valuation

  Residential

  $2,763,992

  Hospitality

  $2,531,802

  Educational

  $2,106,429

  Medical

  $2,178,872

  Retail

  $3,276,668

Location Insight

City

Carlsbad

County

San Diego

State

California

Latitude

33.1204

Longitude

-117.286

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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