Properties
Carlsbad, CA 92008 3050 Pio Pico Drive
$6,950,000
11 more
Presented By: Robert Azimi with Petrone Properties, Inc; behzadazimi2000@yahoo.com
SQFT • 5,589
Home Details
Prime Development Opportunity in Carlsbad California 35,719 SQFT of FLAT lot in close proximity to I-5 Freeway. Ideal location for a Motel mixed use development. Within a short walking distance to the Village of Carlsbad. Feasibility study is attached. Property has a parking sharing agreement with next door property, see attachment. The two restaurants have 5 year leases but one of them owes back rents due to COVID. Property is sold "AS IS' no inspection contingency. The Listing Agent has ownership interest in the property
Presented By: Robert Azimi with Petrone Properties, Inc; behzadazimi2000@yahoo.com
Interior Features for 3050 Pio Pico Drive
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories1
Other Rooms
Entry Level1
General for 3050 Pio Pico Drive
Building Area UnitsSquare Feet
Business TypeRestaurant
Cap Rate
CityCarlsbad
ContingencySeller wants to do a 1031 Exchange
CoolingCentral Air
CountySan Diego
DirectionsTake exit 49 for Tamarack Ave. Go East and Turn right into Pio Pico Dr.
ElectricStandard
Electric Expense40145
HOA Fee$
HeatingForced Air
Insurance Expense2676
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
MLS Area92008 - Carlsbad
MaintenanceExpense4050
Net Operating Income117244
Number Of Units Total2
Open Parking Spaces67
Operating Expense174060
PostalCityCARLSBAD
Property Sub Type AdditionalUnimproved Land
Property SubtypeUnimproved Land
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Trash Expense4200
Virtual TourClick here
Water Sewer Expense6880
Year Built1973
Year Built SourceAssessor
ZoningC2
Exterior for 3050 Pio Pico Drive
Building Area Total5589
Lot Dimensions35, 719 SQFT
Lot FeaturesNear Public Transit, Paved, Street Level, Value In Land
Lot Size Area35719
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings2
Total Parking67
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
