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Property profile & analytics
OFF-MARKET
Estimated value
$2,765,000
Flex space
120 Rancho Ave, San Bernardino, CA 92410-2145
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1023992
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1957
Construction
STEEL FRAME
Total area
14,360 SF
Lot
0.83 ac (36,312 SF)
APN
0142-112-14-0000
UPID
US10-1023992
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
-
UTS Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.14M
CAP Approach
CAP
$2.09M
Comparable Approach
Comparable
$3.16M
Blend (final)
Blend
$2.77M
Owner & transaction history
Richardson Real Estate Of Riverside · 5 yrs held
Richardson Real Estate Of Riverside
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.3M
+74.4%
Medical building
$4.2M
+68.7%
Neighborhood: shopping center
$3.9M
+56.9%
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
$3,250,000
ML approach
$3,135,000
CAP Approach
CAP Return
Estimation
6%
$2,260,000
6.5%
$2,085,000
7%
$1,935,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,465,000
Current use
COMMERCIAL (GENERAL)
$4,295,000
Change: +74% · Conversion: Difficult
MEDICAL BUILDING
$4,155,000
Change: +69% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,865,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,880,000
Change: +17% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,875,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$2.77M
Range $2.49M – $3.04M · ±10% · vs last sale $2.65M (Apr 30 2021)
Last sale anchor
$2.65M
Apr 30 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
$193 / 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
$22,455
Tax year 2024
Assessed value
$1,835,890
Assessed 2024
Previous assessed
$1,835,890
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$615,501
Assessed improvement
$1,220,389
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1957
Construction
STEEL FRAME
Heating
NONE
Units
1
Total area
14,360 SF
Lot
0.83 ac (36,312 SF)
APN
0142-112-14-0000
UPID
US10-1023992
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
INDUSTRIAL (GENERAL) 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
1957
Construction
STEEL FRAME
Heating
NONE
Units
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Richardson Real Estate Of Riverside
Individual
Free & Clear · 5 yrs held
Mailing address
3410 LA SIERRA AVEF497, RIVERSIDE, CA 92503-5270
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2021
$2,650,000
Richardson Real Estate Of Riverside
Michael W Clark
Grant Deed
—
Apr 30, 2021
—
Cornelius A Brady
Valerie L Brady
Intrafamily Transfer
related
—
Dec 28, 2012
$405,000
Michael W Clark
Cjmv LLC
Grant Deed
—
May 18, 2007
—
Camillo Piccoli
Piccoli Family Trust
Quit Claim Deed
related
—
Apr 10, 2006
$213,409
Piccoli Family Trust
Chicago Title Co
Trustees Deed
—
May 27, 2005
—
Nick J Piccoli
Piccoli Anthony & A Trust
Quit Claim Deed
related
—
May 20, 2005
—
Nick J Piccoli
Piccoli Anthony & A Trust
Quit Claim Deed
related
—
Aug 12, 2004
—
Nick J Piccoli
Piccoli,angelina
Quit Claim Deed
related
—
Jul 9, 1996
—
Angelin Piccoli
—
Deed Of Trust
related
—
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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