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ASM Affiliates 2034 Corte Del Nogal 7,040 SF Office Building Carlsbad, CA 92011 $2,200,000 ($312.50/SF)
Investment Highlights
- Existing office building with potential flex conversion opportunity.
- Layout may support multi-tenant occupancy configurations.
- Abundant natural light throughout the building.
- Potential for grade-level roll-up door installation.
- Ample parking supports a variety of business operations.
- Located within an established Carlsbad business park environment.
Executive Summary
2034 Corte Del Nogal is an existing office building offering a unique opportunity to reposition into a highly desirable flex property. Located within a well-maintained business park, the property currently supports traditional office use while providing the layout and characteristics needed for a strategic conversion. With the installation of a grade-level roll-up door, the building can accommodate a mix of office and warehouse functionality, appealing to a broader range of users including light industrial, service-based, and showroom tenants.
In addition to its conversion potential, the property offers the ability to demise into two separate suites, creating flexibility for an owner-user or investor. An owner-user can occupy a portion of the building while generating income from a second tenant, or an investor can maximize rental income by leasing to multiple users. The combination of existing office infrastructure and value-add repositioning potential makes 2034 Corte Del Nogal an ideal candidate to capture strong demand for flex space in North County.
In addition to its conversion potential, the property offers the ability to demise into two separate suites, creating flexibility for an owner-user or investor. An owner-user can occupy a portion of the building while generating income from a second tenant, or an investor can maximize rental income by leasing to multiple users. The combination of existing office infrastructure and value-add repositioning potential makes 2034 Corte Del Nogal an ideal candidate to capture strong demand for flex space in North County.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,040 SF
Building Class
B
Year Built
2004
Price
$2,200,000
Price Per SF
$312.50
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,040 SF
Slab To Slab
9’
Building FAR
0.90
Lot Size
0.18 AC
Zoning
PM, Carlsbad - Office Professional
Parking
26 Spaces (3.98 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Air Conditioning
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 213-061-31 | Improvements Assessment | $1,515,404 |
| Land Assessment | $974,188 | Total Assessment | $2,489,592 |
Property Taxes
Parcel Number
213-061-31
Land Assessment
$974,188
Improvements Assessment
$1,515,404
Total Assessment
$2,489,592
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