Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,175,000
Flex space
12766 Violet Rd Adelanto, CA 92301-2706
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1623930
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1990
Construction
STEEL FRAME
Total area
33,750 SF
Lot
18.8 ac (818,928 SF)
APN
0459-461-68-0000
UPID
US10-1623930
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
$5.97M
CAP Approach
CAP
$4.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.18M
Owner & transaction history
Pusan Pipe America INC · 3 yrs held
Pusan Pipe America INC
since 2022
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$8.6M
+10.6%
Commercial (general)
$8.0M
+2.3%
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
Method
Estimation
Statistic approach
$5,395,000
ML approach
$5,965,000
CAP Approach
CAP Return
Estimation
6%
$4,620,000
6.5%
$4,265,000
7%
$3,960,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,780,000
Current use
WAREHOUSE, STORAGE
$8,600,000
Change: +11% · Conversion: Easy
COMMERCIAL (GENERAL)
$7,960,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$5.18M
Range $4.66M – $5.69M · ±10% · vs last sale $5.13M (Nov 15 2022)
Last sale anchor
$5.13M
Nov 15 2022
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
$153 / 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
$48,571
Tax year 2024
Assessed value
$4,248,300
Assessed 2024
Previous assessed
$4,248,300
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,020,000
Assessed improvement
$3,228,300
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Total area
33,750 SF
Lot
18.8 ac (818,928 SF)
APN
0459-461-68-0000
UPID
US10-1623930
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
$7.8M
WAREHOUSE, STORAGE
Est. value
$8.6M
COMMERCIAL (GENERAL)
Est. value
$8.0M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1990
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Lot
18.8 ac
Current owner
From public records · entity-resolved
Pusan Pipe America INC
Entity
Free & Clear · 3 yrs held
Mailing address
2100 MAIN ST STE #100, IRVINE, CA 92614-6238
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 15, 2022
$5,125,000
Pusan Pipe America INC
Stoddard Adelanto LLC
Grant Deed
—
Aug 4, 2006
—
Stoddard Adelanto LLC
Stoddard Family 1989 Trust
Quit Claim Deed
related
—
Dec 27, 1989
$225,000
George Stoddard
Eqity Transfer
Grant Deed
—
—
—
George D Stoddard
—
Deed Of Trust
related
$75,000 · Mechanics National Bank
—
—
George D Stoddard
—
Deed Of Trust
related
$45,000 · Individual
—
—
George D Stoddard
—
Deed Of Trust
related
$45,000 · Individual
—
—
George D Stoddard
—
Deed Of Trust
related
$45,000 · Individual
—
—
George D Stoddard
—
Deed Of Trust
related
$200,000 · First Security Bank California
—
—
George D Stoddard
—
Deed Of Trust
related
$885,000 · California State 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12766 Violet Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
