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Financial
Distress signals
Property profile

2351 Lugonia Ave Redlands, CA 92374

FOR LEASE
Other industrial properties
Property ID
US10-0958154
28,494 SF 6.39 ac lot Built 2003
Last sale Jan 2021 · $40,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located within a professional business park environment in the Redlands Corporate Center and has frontage on Lugonia Avenue, providing access to major freeway routes. The building area is approximately 28,795 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$183k
Tax billed · 2024
Assessed value$15.49M
Assessed land$3.18M
Assessed improvement$12.31M
Effective rate1.18%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$220/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$156 – $284
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,247,818.18%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN BERNARDINO

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.4
Storage Facility11.7
Kitchen & Bath11.1

Location

2351 Lugonia Ave Redlands, CA 92374
County assessor Recorded deeds · 12 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1700 Colton, Redlands, CA 92374-4901 $3,600,000 Feb 2026 44,294 SF
25884 Business Ctr, Redlands, CA 92374-4516 $2,400,000 Feb 2024 10,816 SF
25864 Business Ctr, Redlands, CA 92374-4515 $2,163,000 Oct 2022 10,816 SF
1110 Research, Redlands, CA 92374-4562 $40,600,000 Jan 2021 19,574 SF
21 Stuart, Redlands, CA 92374-3244 $3,500,000 Dec 2020 16,292 SF
10455 Corporate, Redlands, CA 92374-2838 $39,000 Dec 2019 15,264 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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