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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Strip malls
11849 Hesperia Rd, Hesperia, CA 92345-2179
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-1453366
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Construction
WOOD FRAME
Total area
7,229 SF
Lot
0.67 ac (29,400 SF)
APN
0415-092-12-0000
UPID
US10-1453366
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
-
C&H Jewelery+Pawn Shop Discount Store (Bike/Boat/Book/etc) Store
-
Sunset Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Probooks & Payroll Consultant
-
Pro Books and Payroll - Andrea Brott Accounting Firm
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.69M
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.41M
Owner & transaction history
Gregori Basilyan · 5 yrs held
Gregori Basilyan
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+13.1%
Medical building
$2.1M
+7.5%
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 Hesperia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hesperia 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
$1,520,000
ML approach
$1,685,000
CAP Approach
CAP Return
Estimation
6%
$1,330,000
6.5%
$1,230,000
7%
$1,140,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,945,000
Current use
AUTO REPAIR, GARAGE
$2,200,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$2,090,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,690,000
Change: -13% · Conversion: Easy
RETAIL STORES
$1,605,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.30M (Apr 13 2021)
Last sale anchor
$1.30M
Apr 13 2021
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
$195 / 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
$14,902
Tax year 2023
Assessed value
$1,379,571
Assessed 2024
Previous assessed
$1,352,520
+2.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$212,242
Assessed improvement
$1,167,329
Applied tax rate
20.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2009
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
5
Total area
7,229 SF
Lot
0.67 ac (29,400 SF)
APN
0415-092-12-0000
UPID
US10-1453366
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
2009
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
5
Lot
0.67 ac
Current owner
From public records · entity-resolved
Gregori Basilyan
Individual
Mailing address
3240 MENLO DR, GLENDALE, CA 91208-1835
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2021
$1,300,000
Gregori Basilyan
Ghassan Chouihne
Grant Deed
—
Apr 13, 2021
—
Ghassan Chouihne
Ghassan Chouihne
Intrafamily Transfer
related
—
Apr 12, 2019
—
Ghassan Chouihne
Chouihni,hassan A & Tracey J
Quit Claim Deed
related
—
Sep 15, 2014
$147,000
Hassan A Chouihni
Tahhan,samir F & Hayat
Grant Deed
$250,000 · Shahin Louis H Trust (pt)
Jul 30, 2008
—
Samir F Tahhan
Chouihni,hassan A & Tracey J
Grant Deed
$75,000 · Hassan A & Tracey J Chouihni
Aug 2, 2005
$175,000
Hassan A Chouihne
Lehavi,nili
Grant Deed
—
Nov 21, 2003
—
Nili Lehavi
Lehavi,zeev
Quit Claim Deed
related
—
Jun 18, 2003
$29,000
Zeev-nili Lehavi
Clarke,tr
Grant Deed
—
Feb 9, 1994
—
Richard V Etal Clarke
Clarke,richard V
Quit Claim Deed
related
—
—
—
Ghassan Chouihne
—
Deed Of Trust
related
$400,000 · Shahin Louis H Trust (pt)
—
—
Samir F Tahnan
—
Deed Of Trust
related
$400,000 · Patricia M Thiele
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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