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Property profile & analytics
FOR LEASE
Distribution centers
1445 S Tippecanoe Ave 1 San Bernardino, CA 92408
Entity Owned
7-yr Hold
Free & Clear
Property ID
US10-0673665
For Lease
1 / 3
$46,160,000
1445 S Tippecanoe Ave,Unit 1, San Bernardino, CA 92408
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
349,878 SF
Lot
14.89 ac (648,445 SF)
APN
0281-101-29-0000
UPID
US10-0673665
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
-
Home Chef San Bernardino Restaurant Take-out & Catering
-
Protempo Warehouse & Storage
-
RTV Solution Logistics Company Freight Service
-
Fine Pest Control San Bernardino CA Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$59.85M
Comparable Approach
Comparable
$32.37M
Blend (final)
Blend
$46.16M
Owner & transaction history
Uscif Tri City Industrial LLC · 7 yrs held
Uscif Tri City Industrial LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$70.2M
+9.3%
Apartment house (5+ units)
$70.0M
+9.0%
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 San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino 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%
$64,835,000
6.5%
$59,845,000
7%
$55,575,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$64,210,000
Current use
AUTO REPAIR, GARAGE
$70,180,000
Change: +9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$70,005,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$46.16M
Range $41.54M – $50.78M · ±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
$132 / 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
$543,039
Tax year 2024
Assessed value
$46,211,912
Assessed 2024
Previous assessed
$46,211,912
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$12,169,495
Assessed improvement
$34,042,417
Applied tax rate
7.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Total area
349,878 SF
Lot
14.89 ac (648,445 SF)
APN
0281-101-29-0000
UPID
US10-0673665
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
WAREHOUSE, STORAGE Current
Est. value
$64.2M
AUTO REPAIR, GARAGE
Est. value
$70.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$70.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
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
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Lot
14.89 ac
Current owner
From public records · entity-resolved
Uscif Tri City Industrial LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 30428, CHARLOTTE, NC 28230-0428
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2019
$43,100,000
Uscif Tri City Industrial LLC
Rg-tippecanoe LLC
Grant Deed
—
Sep 27, 2018
$9,958,000
Dh Tippecanoe LLC
Rg-tippecanoe LLC
Grant Deed
—
May 10, 2016
$13,100,000
Rg-tippecanoe LLC
Mach I Ctrl Tippecanoe LLC
Grant Deed
—
Feb 19, 2013
—
Mach I Ctri Tippecanoe LLC
—
Grant Deed
related
$6,100,000 · Keybank USA
Dec 28, 2012
$11,900,000
Mach I Ctri Tippecanoe LLC
Loma Linda Univ
Grant Deed
—
Dec 21, 2006
—
Loma Linda University
Loma Linda Univ Medical Ctr
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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