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Property profile & analytics
OFF-MARKET
Medical Office Space
11888 Bartlett Ave Adelanto, CA 92301-1709
Individually Owned
3-yr Hold
Free & Clear
Property ID
US10-1552815
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1947
Construction
WOOD FRAME
Total area
1,807 SF
Lot
0.32 ac (13,750 SF)
APN
0459-175-06-0000
UPID
US10-1552815
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tri State Community Healthcare Cent · 3 yrs held
Tri State Community Healthcare Cent
since 2022
Last sale
$375,000
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 Adelanto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Adelanto 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$562
Tax year 2023
Assessed value
$382,500
Assessed 2024
Previous assessed
$234,090
+63.4% YoY
Effective rate
0.15%
On assessed value
Assessed land
$95,625
Assessed improvement
$286,875
Applied tax rate
14.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1947
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Total area
1,807 SF
Lot
0.32 ac (13,750 SF)
APN
0459-175-06-0000
UPID
US10-1552815
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
1947
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Tri State Community Healthcare Cent
Individual
Free & Clear · 3 yrs held
Mailing address
1535 E COLORADO ST, GLENDALE, CA 91205-1513
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
$375,000
Tri State Community Healthcare Cent
Gohar Shimshiryan
Grant Deed
—
Mar 16, 2021
$225,000
Gohar Shimshiryan
Yasmin C Robles Gray
Grant Deed
—
Jun 20, 2012
—
Gray L R & Robles-gray Y Trust
Gray,lawrence R
Quit Claim Deed
related
—
Oct 12, 2011
—
Lawrence R Gray
Gray,lawrence R
Quit Claim Deed
related
—
Dec 29, 2009
—
Lawrence R Gray
Gray,larry R
Quit Claim Deed
related
—
May 22, 2003
$60,000
Lawrence R Gray
New Bethel Hi-desert Apostolic
Grant Deed
$25,000 · New Bethel Hi-desert Apostolic
May 22, 2003
—
Lawrence R Gray
Gray,leta T
Quit Claim Deed
related
—
Feb 19, 1999
$85,000
Bethel Hi-desert Apostolic New
Westpalm Development Corp
Grant Deed
$35,000 · Seller
Jun 23, 1997
$15,000
Westpalm Development Corp
Saleh,dani & Sherry
Grant Deed
—
Apr 11, 1997
$15,000
Dani Saleh
San Bernardino County (ca)
Grant Deed
—
Oct 27, 1989
$80,000
Wewengkang Katar
Mcclure Paul T
Grant Deed
$42,500 · Mcclure Paul T
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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