1917 Palomar Oaks WayCarlsbad, CA 92008

Property Details for 1917 Palomar Oaks Way

Year built

2001

Lot size

3.33 AC

Property size (Sq ft)

46,750 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Retail properties

Property subtype

Retail space

APN

212-091-19-00

APU

2120911900

Description

This exceptional Class A office building, located at 1917 Palomar Oaks Way in Carlsbad, CA 92008, presents a compelling owner-user or investment opportunity. The 46,696 square foot building, constructed in 2001 and renovated in 2020, sits on a 1.37-acre lot and boasts a desirable 32% occupancy rate. The property features three stories and offers ample parking with a 4.01 spaces per 1,000 square feet ratio. Currently zoned P-M (Planned Industrial Zone - City of Carlsbad), this building benefits from its strategic location adjacent to Callaway Golf's testing center and The Crossings at Carlsbad golf course. Its proximity to the I-5 Freeway (2.1 miles) and Palomar Airport Road provides easy access to major Southern California thoroughfares. The building's first floor is 91% leased, offering significant income potential for an owner-user seeking to occupy the upper floors. Recent upgrades totaling approximately $800,000 were invested in the first-floor lobby, corridors, and restrooms. The asking price is $9,806,160, translating to $210 per square foot. This property offers a rare chance to acquire a high-quality asset in Carlsbad's thriving business community, known for its concentration of Fortune 500 companies and its designation as a top e-savvy business community in California. The building's strong market fundamentals and recent improvements make it an attractive investment. The APN is 212-091-19.

Location Insight

City

Carlsbad

County

San Diego

State

California

Latitude

33.1224

Longitude

-117.29

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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