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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Warehouses
11986 Bartlett Ave Adelanto, CA 92301-1713
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1353623
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1968
Construction
STEEL FRAME
Total area
15,540 SF
Lot
4.48 ac (195,148 SF)
APN
0459-164-14-0000
UPID
US10-1353623
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
$1.27M
Owner & transaction history
Pashtonyar LLC · 11 yrs held
Pashtonyar LLC
since 2014
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
$81 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,378
Tax year 2024
Assessed value
$471,313
Assessed 2024
Previous assessed
$471,313
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$103,689
Assessed improvement
$367,624
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
NONE
Units
2
Total area
15,540 SF
Lot
4.48 ac (195,148 SF)
APN
0459-164-14-0000
UPID
US10-1353623
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
1968
Construction
STEEL FRAME
Heating
NONE
Units
2
Lot
4.48 ac
Current owner
From public records · entity-resolved
Pashtonyar LLC
Entity
Mailing address
2797 LEONIS BLVD, VERNON, CA 90058-2304
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2014
$400,000
Pashtonyar LLC
Kaeser K & D Family Trust
Grant Deed
$320,000 · Kaeser K & D Family Trust (pt)
Jul 10, 2014
—
Kaeser,k & D Family Trust
Kaeser,kenneth J & Donna L
Quit Claim Deed
related
—
Feb 24, 2011
$267,500
Kenneth J Kaeser
Ib Property Holdings LLC
Grant Deed
—
Jul 14, 2010
$418,500
Ib Property Holdings LLC
Seaside Trustee INC
Trustees Deed
related
—
May 22, 2007
—
Peree Bernal
Serenity Church INC
Grant Deed
—
May 22, 2007
$1,090,000
Centro Cristiano De Fe/faith Christ
Peree Bernal
Grant Deed
$872,000 · Interbay Funding LLC
Mar 15, 1989
$330,000
Struthers Joanne
Lanford Bette W
Trustees Deed
—
Mar 15, 1989
—
Joanne Struthers
Struthers Ed
Quit Claim Deed
related
$330,000 · Lanford Bette W
—
—
Serenity Church INC
—
Deed Of Trust
related
$293,000 · Washington Separate Prop Tr
—
—
Serenity Church INC
—
Deed Of Trust
related
$260,000 · Washington Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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