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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Outlet malls
1137 Base Line St San Bernardino, CA 92411-1801
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US10-0977528
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2014
Construction
STEEL FRAME
Total area
9,180 SF
Lot
1.16 ac (50,704 SF)
APN
0139-073-47-0000
UPID
US10-0977528
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.91M
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$2.14M
Owner & transaction history
Sarang LLC · 11 yrs held
Sarang LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.1M
+114.6%
Medical building
$2.7M
+81.8%
Neighborhood: shopping center
$2.5M
+69.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,070,000
6.5%
$1,910,000
7%
$1,775,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,460,000
Current use
COMMERCIAL (GENERAL)
$3,135,000
Change: +115% · Conversion: Easy
MEDICAL BUILDING
$2,655,000
Change: +82% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,470,000
Change: +69% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,840,000
Change: +26% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,835,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$233 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$36,807
Tax year 2023
Assessed value
$3,027,311
Assessed 2024
Previous assessed
$2,967,952
+2.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$435,085
Assessed improvement
$2,592,226
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2014
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Total area
9,180 SF
Lot
1.16 ac (50,704 SF)
APN
0139-073-47-0000
UPID
US10-0977528
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Sarang LLC
Entity
Mailing address
500 VOLVO PKWY, CHESAPEAKE, VA 23320-1604
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2015
$2,650,000
Sarang LLC
Boos-baseline San Bernardino L
Grant Deed
—
Dec 4, 2014
—
San Bernardino L Boos-baseline
Boos-baseline San Bernardino L
Quit Claim Deed
—
Nov 27, 2013
$500,000
San Bernardino L Boos-baseline
Broadway Fedl Bk Fsb
Grant Deed
$1,980,000 · Regions Bank
Jan 12, 2012
$863,975
Broadway Fedl Bk Fsb
Broadway Service Corp
Trustees Deed
related
—
Feb 11, 2005
—
Spirit Of Love Christian Ch INC
Wells,olson K
Grant Deed
related
—
Dec 5, 2003
$300,000
Olson K Wells
Rasheed,muneer A
Grant Deed
$180,000 · Barbara Segal
Jun 14, 2000
—
Muneer A Rasheed
Rasheed,muneer A
Quit Claim Deed
related
—
Mar 12, 1998
$60,500
Rasheed,muneer A
Catoe,eddie & Jonnie
Trustees Deed
$68,000 · Arrowhead Service Corp
Mar 12, 1998
—
Muneer A R Rasheed
Diaz,matilde
Quit Claim Deed
related
—
Jan 13, 1997
$46,750
Home Savings Of America
Hodge,george N & Tracey L
Trustees Deed
related
—
Sep 24, 1996
—
David L Etal Hancock
Hancock,david L Etal
Quit Claim Deed
related
—
—
—
Spirit Of Love Christian Ch INC
—
Deed Of Trust
related
$820,000 · Broadway Federal Bank
—
—
Muncer A Rasheed
—
Deed Of Trust
related
$111,500 · Arrowhead Service Corp
—
—
Spirit Of Love Christian Ch INC
—
Deed Of Trust
related
$600,000 · Bank Of America
—
—
Eddie Catoe
—
Deed Of Trust
related
$65,000 · Strunzo Development Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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