New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,500,000
Warehouses
1519 Lugonia Ave, Redlands, CA 92374-2015
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1217522
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
89,520 SF
Lot
7.68 ac (334,541 SF)
APN
0169-341-06-0000
UPID
US10-1217522
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
-
A Storage Place Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.50M
Owner & transaction history
Stow A Way Redlands LP · 19 yrs held
Stow A Way Redlands LP
since 2007
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 Redlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redlands 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$84 / 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
$64,746
Tax year 2024
Assessed value
$5,487,100
Assessed 2024
Previous assessed
$5,487,100
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,379,977
Assessed improvement
$4,107,123
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
778
Total area
89,520 SF
Lot
7.68 ac (334,541 SF)
APN
0169-341-06-0000
UPID
US10-1217522
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
Building & site characteristics
From public records
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
778
Lot
7.68 ac
Current owner
From public records · entity-resolved
Stow A Way Redlands LP
Entity
Mailing address
4437 TWAIN AVE, SAN DIEGO, CA 92120-3405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2017
—
Stow-a-way Redlands LP
—
Deed
related
$6,100,000 · Ubs Ag
Mar 1, 2007
—
Stow A Way Redlands LP
Stow A Way Storage LLC
Grant Deed
$6,500,000 · Royal Bank Of Canada
Jun 30, 1995
—
Stowaway Storage
Flaming,arthur L Etux
Trustees Deed
related
—
Sep 23, 1988
$2,500,000
Arpple INC
Equity Income Gr
Trustees Deed
$300,000 · Equity Income Gr
Sep 23, 1988
$2,200,000
Arthur L Flaming
Arpple INC
Trustees Deed
$1,825,000 · Glendale Federal Bank
—
—
Stow-a-way Storage LLC
—
Deed Of Trust
related
$2,100,000 · Heller Financial
—
—
Stow-a-way Redlands LP
—
Deed Of Trust
related
$6,100,000 · Ubs Ag
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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