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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Office Spaces
1180 Nevada St Redlands, CA 92374-2894
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-0977371
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Construction
WOOD FRAME
Total area
6,506 SF
Lot
0.47 ac (20,500 SF)
APN
0292-341-06-0000
UPID
US10-0977371
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
-
Seheult Russell DDS Dental Office
-
Dr. Bindoo A. Punjabi, DDS Dental Office
-
Redlands Dental Surgery Center Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Russell Oliver Seheult · 4 yrs held
Russell Oliver Seheult
since 2022
Last sale
$668,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Redlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redlands 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
$710,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$755,000
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $668k (Apr 21 2022)
Last sale anchor
$668k
Apr 21 2022
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
$114 / 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
$13,412
Tax year 2023
Assessed value
$1,135,384
Assessed 2024
Previous assessed
$1,113,122
+2.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$285,548
Assessed improvement
$849,836
Applied tax rate
5.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1984
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
7
Total area
6,506 SF
Lot
0.47 ac (20,500 SF)
APN
0292-341-06-0000
UPID
US10-0977371
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
Building & site characteristics
From public records
Year built
1984
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
7
Lot
0.47 ac
Current owner
From public records · entity-resolved
Russell Oliver Seheult
Individual
Mailing address
1180 NEVADA ST, REDLANDS, CA 92374-2894
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2022
—
Russell Oliver Seheult
Donne Recovery LLC
Intrafamily Transfer
related
—
Jan 20, 2021
—
Russell Oliver Seheult
—
Deed
related
$1,448,000 · First Citizens Bank & Trust Co
May 5, 2017
—
Russell Oliver Seheult
Brookside Holdings LLC
Intrafamily Transfer
related
$350,000 · Wells Fargo Bank NA
Apr 12, 2012
—
Nevada Street Trust
Seheult Russell O Trust
Quit Claim Deed
related
—
May 3, 1996
—
Russell Seheult
—
Deed Of Trust
related
—
Feb 9, 1993
—
Russell O Seheult
Seheult,eileen
Quit Claim Deed
related
$500,000 · Redlands Centennial Bank
Feb 9, 1993
$668,000
Seheult,russell O
Foursome Propert
Trustees Deed
—
May 29, 1990
$247,500
Foursome Propert
East Valley Part
Grant Deed
related
$558,797 · Seller
—
—
Russell O Seheult
—
Deed Of Trust
related
$650,000 · Redlands Centennial Bank
—
—
Seheult Russell O Trust
—
Deed Of Trust
related
$700,000 · Brookside Holdings LLC
—
—
Seheult,tr
—
Deed Of Trust
related
$1,080,000 · Ironstone Bank
—
—
Seheult Trust
—
Deed Of Trust
related
$609,000 · Money Store Commercial Mtg
—
—
Russell Seheult
—
Deed Of Trust
related
$620,000 · Taubman Realty Group LP
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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