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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Office Spaces
12046 Jacaranda Ave, Hesperia, CA 92345-4940
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1450495
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1981
Construction
WOOD FRAME
Total area
6,016 SF
Lot
0.57 ac (25,000 SF)
APN
0399-143-44-0000
UPID
US10-1450495
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
-
Independent Air Group, Inc. Hardware & Home Improvement HVAC Service
-
GM Concrete Inc Construction Company General Contractor
-
Living Way High Desert Church
-
Spirit Life Church Church Mosque
-
In-Roads Creative Programs Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.41M
Owner & transaction history
Abebe Seyoum · 6 yrs held
Abebe Seyoum
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+30.3%
Medical building
$1.7M
+23.9%
Neighborhood: shopping center
$1.6M
+15.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,400,000
6.5%
$1,290,000
7%
$1,200,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,405,000
Current use
AUTO REPAIR, GARAGE
$1,830,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$1,740,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,620,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$1,335,000
Change: -5% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,280,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10%
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
$234 / 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
$10,751
Tax year 2023
Assessed value
$991,788
Assessed 2024
Previous assessed
$972,341
+2.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$171,553
Assessed improvement
$820,235
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1981
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
7
Rooms
7
Bathrooms
2
Total area
6,016 SF
Lot
0.57 ac (25,000 SF)
APN
0399-143-44-0000
UPID
US10-1450495
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
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1981
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
7
Rooms
7
Bathrooms
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Abebe Seyoum
Individual
Mailing address
14181 LAURAMORE CT, FONTANA, CA 92336-3564
Ownership since
2019
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 13, 2019
$925,000
Abebe Seyoum
Calvary Baptist Ch Of Hesperia Co
Grant Deed
$301,544 · Calvary Baptist Ch/hesperia Co
Dec 7, 2017
$650,000
Calvary Baptist Ch Of Hesperia Co
Jacaranda High Desert LLC
Grant Deed
—
Oct 3, 2017
—
Jacaranda High Desert LLC
Mustafa 1994 Family Trust
Quit Claim Deed
—
Sep 17, 2001
$210,000
Mustafa Trust
Ezell Blunt Estate
Grant Deed
$200,000 · Mason Rose IV
Oct 16, 1996
$403,523
Estate Blunt
Ross,marvin & Betti J
Trustees Deed
—
Jul 2, 1996
—
Ptnrs Vntr
Ross,marvin Etal
Grant Deed
related
—
Apr 17, 1992
—
Betti J Ross
—
Deed Of Trust
related
—
Mar 27, 1992
$400,000
Marvin Ross
Blunt,ezell
Grant Deed
$341,000 · Seller
—
—
Mustafa Family 1994 Trust
—
Deed Of Trust
related
$160,000 · Gerald Hicks
—
—
Blunt Ezell SR.
—
Deed Of Trust
related
$50,000 · Coast Federal Bank
—
—
Mustafa,tr
—
Deed Of Trust
related
$200,000 · Sun Country Bank
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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