Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10201 Locust Ave Bloomington, CA 92316-1714

    • Investment properties
    • 1,273 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    May 12, 2021
    $280,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1552363
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 10201 Locust Ave

    Year built
    1946
    Construction
    FRAME
    Lot size
    0.29 lot acres
    Property size
    1,273 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0252-161-17-0000
    APU
    252161170000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    San Bernardino
    State
    California
    Longitude
    -117.409
    Latitude
    34.0686
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,192
    $211,948
    $119,498
    $331,446
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $610,000
      1,693 SF

      17897 Marygold Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,693 SF
      17897 Marygold Ave, Bloomington, CA 92316-1919
      View Details
    • Value Estimation
      $550,000
      2,358 SF

      10910 Laurel Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,358 SF
      10910 Laurel Ave, Bloomington, CA 92316-3011
      View Details
    • Value Estimation by Request
      850 SF

      17668 Slover Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 850 SF
      17668 Slover Ave, Bloomington, CA 92316-2329
      View Details
    • Value Estimation
      $935,000
      2,003 SF

      322 Jurupa Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,003 SF
      322 Jurupa Ave, Bloomington, CA 92316-3525
      View Details
    • Value Estimation by Request
      1,283 SF

      17743 Taylor Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,283 SF
      17743 Taylor Ave, Bloomington, CA 92316-1932
      View Details
    • Value Estimation
      $675,000
      1,280 SF

      322 Jurupa Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,280 SF
      322 Jurupa Ave, Bloomington, CA 92316-3525
      View Details

    Similar Nearby for Sale

    • $9,000,000
      1,200 SF

      Bloomington Mixed-Use Development Opportunity

      Prime Inland Empire location, 4.48 acres, 40 units/acre potential.
      17897 Marygold Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      4.19 Acres

      Bloomington Commercial Land - 4.19 Acres

      Prime 4.19-acre commercial lot, ideal for development.
      18633 9Th St, Bloomington, CA 92316
      View Details
    • $3,585,000
      15,763 SF

      Bloomington Industrial Warehouse

      15,763 SF Warehouse, Manufacturing Space
      170 Mindanao St, Bloomington, CA 92316
      View Details
    • $4,913,601
      20 SF

      Rialto Industrial Flex Space Available

      Industrial flex space available for immediate occupancy in Rialto, California.
      169 Mindanao St | Rialto, Bloomington, CA 92316
      View Details
    • $6,550,000

      Agua Mansa Industrial Land

      4.79 acres in Agua Mansa industrial corridor.
      815 Aqua Mansa Rd, Bloomington, CA 92316
      View Details
    • $3,325,000
      14,779 SF

      Bloomington Industrial Warehouse For Sale

      14,779 sq ft industrial warehouse with offices and parking.
      2259 S Vista Ave, Bloomington, CA 92316
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      47,809 SF

      Transloading Warehouse with Trailer Stalls

      47,809 SF warehouse with 85 dock positions and office.
      2238 S Lilac Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      574,992 SF

      Industrial Land for Lease

      Paved and fenced industrial land available for lease.
      2586 S Lilac Ave, Bloomington, CA 92316
      View Details
    • $0.18 SF/Yr
      43,560 SF

      One Acre Storage Yard Available

      One acre storage yard with structures for rent.
      11037 Alder Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      119,860 SF

      Industrial Space with Office Area

      Industrial property featuring office space, dock doors, and sprinkler system.
      322 Jurupa Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      87,120 SF

      Bloomington Land for Lease

      2 acres of paved land zoned for commercial industrial use.
      18410 Slover Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      259,473 SF

      Bloomington Distribution Warehouse for Lease

      259,473 SF distribution warehouse with convenient freeway access.
      17713 Slover Ave, Bloomington, CA 92316
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10201 Locust Ave
    Bloomington, CA 92316-1714
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.