3050 Pio Pico Drive Carlsbad, CA ^$ 5,500,000

3050 Pio Pico Drive

^$ 5,500,000

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3050 Pio Pico Drive

Carlsbad, CA, 92008

^$ 5,500,000

Studio Baths0.0 Sq 5,589

Monthly Estimate*

^$ 38,419

Listed by Petrone Properties, Inc

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Studio

Commercial Property for sale in Carlsbad, CA

for $5,500,000. This 5,589 square foot building was built in 1973.

Prime Development Opportunity in Carlsbad California 35,719 SQFT of FLAT lot in close proximity to I-5 Freeway. Ideal location for a Motel mixed use development. Within a short walking distance to the Village of Carlsbad. Feasibility study is attached. Property has a parking sharing agreement with next door property, see attachment. The two restaurants have 5 year leases but one of them owes back rents due to COVID. Property is sold "AS IS' no inspection contingency. The Listing Agent has ownership interest in the property

Commercial Active

Price

^$ 5,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

UnimprovedLand

Year Built

1973

Town/City

Carlsbad

County/Region

San Diego

MLS | Web ID

NDP2308314

Days on Market

188

Features

General

Heating ForcedAir

Cooling CentralAir

Zoning C2

HOA 0.0

Year Built 1973

Electric Standard

Property SubType UnimprovedLand

Business Type Restaurant

County San Diego

Net Operating Income 117244.0

Operating Expense 174060.0

Insurance Expense 2676.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Contingency Seller wants to do a 1031 Exchange

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Take exit 49 for Tamarack Ave. Go East and Turn right into Pio Pico Dr.

City Carlsbad

View Y/N N

Senior Community Y/N N

Open Parking Spaces 67.0

Total Units 2

MLS Area 92008 - Carlsbad

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Pio Pico

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 40145.0

Home Warranty Y/N N

Trash Expense 4200.0

Water Sewer Expense 6880.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2308314

Days on Market 169

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Property Sub Type Additional UnimprovedLand

Cap Rate 0.0

Exterior

Lot Features NearPublicTransit Paved StreetLevel ValueInLand

Water Source Public

Total Parking 67.0

Lot Size Area 35719.0

Number of Buildings 2

Spa N

Building Area Total 5589.0

Lot Dimensions 35 719 SQFT

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Drive

Entry Level 1

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 3050

* Excluded Features

List By

Petrone Properties, Inc

Broker

(858) 349-2676

Phone

Affordability Calculator

$38,419

Per Month

Monthly Principal & Interest: $38,419
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Carlsbad, CA

Average List Price ^$2,458,750

Percent of Sale Price 55%

About Carlsbad, CA

113,989 Population

43% Since 2002

^$101,557 Median Income

42.69 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$5,500,000	-8.18%	Price Down
3/21/2024	$5,990,000	-7.13%	Price Down
1/10/2024	$6,450,000	-7.19%	Price Down
10/25/2023	$6,950,000		Listed Price

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3050 Pio Pico Drive, Carlsbad, CA, 92008 is a Commercial Property for sale at $5,500,000 with 5,589 sqft. 3050 Pio Pico Drive is a studio with 0.0 baths and was built in 1973. The property's zip code is 92008 which is in Carlsbad, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3050 Pio Pico Drive

Commercial Property for sale in Carlsbad, CA

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