Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1045 Msn Blvd Ontario, CA 91762-4806
    Back to Search
    Property profile & analytics

    1045 Msn Blvd, Ontario, CA 91762-4806

    View on Map
    • Motels
    • 16,240 SF
    • 0.87 lot acres
    Off-Market
    Last Sale Dec 19, 2023
    Property ID
    US10-1622159
    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.
    Value Estimations
    $3,010,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 1045 Msn Blvd

    Year built
    1991
    Construction
    WOOD FRAME
    Lot size
    0.87 lot acres
    Property type
    Motels
    APN
    1011-382-65-0000
    APU
    1011382650000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 12, 2024 — Ontario Housing Authority City Of Ontario Grant Deed —
    Dec 19, 2023 — City Of Ontario Kalpesh P Solanki Grant Deed —
    Jan 30, 2020 — Kalpesh P Solanki — Deed · related $500k · New Omni Bk NA
    Jan 7, 2020 — Kalpesh P Solanki — Deed · related $2.6M · New Omni Bk NA
    Sep 22, 2017 $4,200,000 Kalpesh P Solanki Patel R H & J R Trust Grant Deed —
    Sep 22, 2017 — Kalpesh P Solanki Kajal Solanki Intrafamily Transfer · related —
    Sep 19, 2008 $3,246,000 Patel R H & J Ab Living Trust Oh Family Trust Grant Deed $1.7M · Alliance Portfolio
    May 19, 2005 — Oh Family Trust Oh,heung D & Sandy K Quit Claim Deed · related —
    Jan 31, 2003 $1,880,000 Heung D Oh Huh,willie W & Jae S Grant Deed $1.3M · Woori Bank
    Jul 22, 1999 $1,100,000 Willie W Huh Kim,wonson & Haesook Grant Deed $600k · Wilshire State Bank
    Sep 1, 1988 $360,000 Kim Wonson Marietta Charles Grant Deed —
    — — Patel R H & J Ab Living Trust — Deed Of Trust · related $390k · Pacific Enterprise Bank
    — — Kim Wonson — Deed Of Trust · related $866k · Mission Valley Bank
    — — Kalpesh P Solanki — Deed Of Trust · related $2.6M · New Omni Bk NA
    — — Kalpesh P Solanki — Deed Of Trust · related $500k · New Omni Bk NA
    — — Oh Family Trust — Deed Of Trust · related $1.2M · Nara Bank
    — — Patel R H & J Ab Living Trust — Deed Of Trust · related $1.7M · Pacific Enterprise Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $4,945,000
      MEDICAL BUILDING
      $4,700,000
      WAREHOUSE, STORAGE
      $4,420,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    San Bernardino
    State
    California
    Longitude
    -117.669
    Latitude
    34.0555
    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
    $65,640
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      2301 Euclid Ave

      MOTEL
      2301 Euclid Ave, Ontario, CA 91762-6521
      View Details
    • Value Estimation by Request
      17,772 SF

      2301 Euclid Ave

      MOTEL
      2301 Euclid Ave, Ontario, CA 91762-6521
      View Details
    • Value Estimation by Request
      2,499 SF

      943 Holt Blvd

      MOTEL
      943 Holt Blvd, Ontario, CA 91762-3633
      View Details
    • Value Estimation by Request

      1440 Msn Blvd

      MOTEL
      1440 Msn Blvd, Ontario, CA 91762-4728
      View Details
    • Value Estimation by Request

      1250 Msn Blvd

      MOTEL
      1250 Msn Blvd, Ontario, CA 91762-4724
      View Details
    • Value Estimation
      $1,055,000
      10,756 SF

      755 Euclid Ave

      MOTEL
      755 Euclid Ave, Ontario, CA 91762-2711
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Ontario Development Opportunity

      Land for 49-unit apartment building development with 108 parking spaces.
      890 S Magnolia Ave, Ontario, CA 91762
      View Details
    • $1,080,000

      Ontario Multifamily Investment Opportunity

      Four-unit multifamily property in Ontario, California with value-add potential.
      1228 W Rosewood Ct, Ontario, CA 91762
      View Details
    • $1,100,000

      Ontario Home with Detached ADU

      Spacious 7-bedroom home with a detached 1-bedroom ADU.
      340 W Caroline St, Ontario, CA 91762
      View Details
    • $2,500,000

      Ontario Commercial/Industrial Park Property

      Rare opportunity in the heart of Ontario, close to key hubs.
      943 W Holt Blvd, Ontario, CA 91762
      View Details
    • Contact for pricing
      105,852 SF

      Office Space with Private Offices

      Office space featuring private offices, conference rooms, and kitchenettes.
      611 S Palmetto Ave, Ontario, CA 91762
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      10805 Fremont Avenue, Montclair, CA 91762

      Specialty properties
      10805 Fremont Ave, Montclair, CA 91762
      View Details
    • Contact for pricing
      2,094,464 SF

      Ontario Industrial Buildings For Lease

      Three industrial buildings available for lease in Ontario, California.
      Merrill Ave & Bon Vw Ave, Ontario, CA 91762
      View Details
    • Contact for pricing
      1,322 SF

      Ontario Office Space For Rent

      Second floor office space available for rent in Ontario, CA.
      700 N Mountain Ave, Ontario, CA 91762
      View Details
    • $2 SF/Yr
      10,507 SF

      Modern Office Space Available

      High-speed internet, elevator access, and ample parking included.
      1520 North Mountain Ave, Ontario, CA 91762
      View Details
    • Contact for pricing

      Ontario Industrial Space For Rent

      1,800 SF industrial space available for lease in Ontario.
      1133 W Brooks St, Ontario, CA 91762
      View Details
    • Contact for pricing
      1,575 SF

      Restaurant Space Near Freeway

      Restaurant space for lease in high-traffic Ontario location.
      2463 S Euclid 2529, Ontario, CA 91762
      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.
    1045 Msn Blvd
    Ontario, CA 91762-4806
    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

    Thank You for Inquiry
    1045 Msn Blvd, Ontario, CA, 91762
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!