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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Grocery and convenience stores
13643 Tonikan Rd Apple Valley, CA 92308-6559
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-1480614
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1980
Construction
STEEL FRAME
Total area
7,317 SF
Lot
2.02 ac (87,850 SF)
APN
3087-382-39-0000
UPID
US10-1480614
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
-
Barstow Country Butchering Take-out & Catering Butcher
-
5th Generation Meat Company Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.04M
Owner & transaction history
5th Gen Meat Co INC · 1 yrs held
5th Gen Meat Co INC
since 2024
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 Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,625,000
Current use
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±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
$141 / 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
$9,202
Tax year 2023
Assessed value
$761,401
Assessed 2024
Previous assessed
$717,060
+6.2% YoY
Effective rate
1.21%
On assessed value
Assessed land
$233,466
Assessed improvement
$527,935
Applied tax rate
21.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
7,317 SF
Lot
2.02 ac (87,850 SF)
APN
3087-382-39-0000
UPID
US10-1480614
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 Current
Est. value
$1.6M
RETAIL STORES Current
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
1980
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
5th Gen Meat Co INC
Entity
Mailing address
13643 TONIKAN RD APPLE VALLEY
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2024
—
5th Gen Meat Co INC
Edward Jay Mathews
Lease
$436,000 · The Mortgage Capital Development Corp
Jun 13, 2024
—
Edward Jay Mathews
—
Deed
related
$422,817 · Global FCU
Mar 25, 2022
—
Edward J Mathews
—
Deed
related
$1,920,000 · Alaska USA FCU
Mar 23, 2022
—
Edward J Mathews
—
Deed
related
$1,920,000 · Alaska USA FCU
Apr 15, 2021
—
Edward Jay Mathews
Edward Jay Mathews
Intrafamily Transfer
related
—
Dec 14, 2020
$650,000
Mathews,edward J Trust
Borgens Family Trust
Grant Deed
$450,000 · Borgens Family Trust (pt)
Dec 14, 2020
—
Mathews,edward J Trust
Kimberly Mathews
Quit Claim Deed
related
—
Jun 3, 2019
—
Ronald P Borgens
—
Deed
related
$150,000 · Linda E Moore
Aug 2, 2018
—
Borgens Family Trust
Borgens,ronald P & Dorothy
Quit Claim Deed
related
—
Nov 25, 2013
$360,000
Ronald P Borgens
Town Of Apple Vly
Grant Deed
—
Oct 1, 2007
—
Town Of Apple Valley
Morris,michael
Grant Deed
$133,087 · Michael Morris
Nov 19, 2001
$50,000
Michael Morris
Morris,joseph G & Dorothy E
Grant Deed
related
—
—
—
Ronald P Borgens
—
Loan Modification
related
$150,000 · Linda E Moore
—
—
Ronald P Borgens
—
Deed Of Trust
related
$150,000 · Linda E Moore
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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