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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Strip malls
12120 Ridgecrest Rd Victorville, CA 92395-5904
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-0980308
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
WOOD
Total area
4,847 SF
Lot
1.79 ac (77,972 SF)
APN
3091-281-12-0000
UPID
US10-0980308
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
-
Kelly Smile Dentistry - Victorville Dental Office
-
Down Home Grill Restaurant
-
Hair by oh Sheila Hair Salon Nail Salon
-
Jerscheid's Men's Apparel Clothing & Fashion Store
-
Alberto's Mexican Food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$662k
Blend (final)
Blend
$715k
Owner & transaction history
Mar Mari LLC · 9 yrs held
Mar Mari LLC
since 2017
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 Victorville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Victorville 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
$585,000
CAP Approach
CAP Return
Estimation
6%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,075,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$148 / 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
$40,587
Tax year 2023
Assessed value
$3,413,488
Assessed 2024
Previous assessed
$3,346,557
+2.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$796,481
Assessed improvement
$2,617,007
Applied tax rate
12.0000
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
2006
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
3
Total area
4,847 SF
Lot
1.79 ac (77,972 SF)
APN
3091-281-12-0000
UPID
US10-0980308
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
RETAIL STORES
Est. value
$1.1M
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
2006
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
3
Lot
1.79 ac
Current owner
From public records · entity-resolved
Mar Mari LLC
Entity
Mailing address
3278 VIS MATAMO, EL CAJON, CA 92019-2863
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2021
—
Mar Mari LLC
—
Deed
related
$2,499,999 · Altura Cu
May 26, 2017
—
Mar Mari LLC
Mar Mari LLC
Quit Claim Deed
related
—
Dec 1, 2016
—
Ridgecrest Plaza LLC
Ridgecrest Plaza LLC
Quit Claim Deed
related
—
Dec 1, 2016
$3,000,000
Mar Mari LLC
Ridgecrest Plaza LLC
Grant Deed
$2,000,000 · Mission Bank
Jan 6, 2006
—
Ridgecrest Plaza LLC
—
Trustees Deed
related
$2,600,000 · American Security Bank
Aug 17, 2005
—
Ridgecrest Plaza LLC
Harrison S & C Trust
Grant Deed
—
May 5, 2005
—
Anber Investments LLC
—
Trustees Deed
related
$6,615,000 · First Centennial Bank
Dec 27, 2004
—
Anber Investments LLC
—
Trustees Deed
related
$3,955,000 · First Centennial Bank
Oct 13, 2004
—
Mudge Trust
Anber Investments LLC
Quit Claim Deed
related
—
Sep 14, 2004
—
Anber Investments LLC
Amber Investments LLC
Grant Deed
$1,430,000 · First Centennial Bank
Jun 30, 2004
$145,000
Amber Investments LLC
South Victorville Investors Ll
Grant Deed
—
Apr 5, 2004
$523,000
Harrison,steve & Carla Trust
South Victorville Investors Ll
Grant Deed
$200,000 · South Victorville Investors Ll
—
—
Ridgecrest Plaza LLC
—
Deed Of Trust
related
$4,000,000 · Lasalle National 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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