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Property profile & analytics
OFF-MARKET
Estimated value
$6,370,000
Retail space
1241 Foothill Blvd Upland, CA 91786-3681
Entity Owned
1-yr Hold
Free & Clear
Property ID
US10-1155975
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,032 SF
Lot
1.36 ac (59,242 SF)
APN
1006-511-42-0000
UPID
US10-1155975
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
ATM Walgreens Store 6061 Bank Check Cashing
-
Walgreens Pharmacy
-
Samuel T. Tran, Pharm Pharmacy
-
Azar Shams, RPh Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.37M
Owner & transaction history
Meilin LLC · 1 yrs held
Meilin LLC
since 2025
Last sale
$6.3M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.5M
+154.3%
Restaurant
$7.1M
+111.5%
Office building
$6.5M
+95.7%
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 Upland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upland 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
$6,445,000
ML approach
$6,440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,490,000
Change: +154% · Conversion: Easy
RESTAURANT
$7,065,000
Change: +112% · Conversion: Easy
OFFICE BUILDING
$6,535,000
Change: +96% · Conversion: Easy
WAREHOUSE, STORAGE
$6,320,000
Change: +89% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,015,000
Change: +80% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,575,000
Change: +37% · Conversion: Difficult
MEDICAL BUILDING
$4,350,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$6.37M
Range $5.73M – $7.01M · ±10% · vs last sale $6.30M (Apr 10 2025)
Last sale anchor
$6.30M
Apr 10 2025
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
$424 / 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
$16,521
Tax year 2023
Assessed value
$1,559,438
Assessed 2024
Previous assessed
$1,528,861
+2.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$131,370
Assessed improvement
$1,428,068
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Total area
15,032 SF
Lot
1.36 ac (59,242 SF)
APN
1006-511-42-0000
UPID
US10-1155975
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)
Est. value
$8.5M
RESTAURANT
Est. value
$7.1M
OFFICE BUILDING
Est. value
$6.5M
WAREHOUSE, STORAGE
Est. value
$6.3M
INDUSTRIAL (GENERAL)
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.4M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Meilin LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
$6,300,000
Meilin LLC
Cardinal Green Investments LLC
Grant Deed
—
Feb 21, 2025
$2,820,000
Cardinal Green Investments LLC
Robert William Glenn
Grant Deed
$3,646,260 · The Northern Trust Co
Dec 2, 2005
—
Glenn Family 1982 Trust C
Glenn Family 1982 Trust
Quit Claim Deed
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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