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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Apartment buildings
15535 Broken Bow Rd Apple Valley, CA 92307-2979
Individually Owned
1-yr Hold
Property ID
US10-1544351
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD FRAME
Total area
5,700 SF
Lot
0.45 ac (19,650 SF)
APN
0441-231-13-0000
UPID
US10-1544351
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
$1.28M
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.23M
Owner & transaction history
B Adams · 1 yrs held
B Adams
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+41.1%
Medical building
$1.7M
+34.1%
Neighborhood: shopping center
$1.5M
+24.8%
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
$1,275,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,230,000
Current use
AUTO REPAIR, GARAGE
$1,735,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$1,650,000
Change: +34% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,535,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,515,000
Change: +23% · Conversion: Moderate
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±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
$216 / 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
$11,893
Tax year 2023
Assessed value
$988,380
Assessed 2024
Previous assessed
$969,000
+2.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$52,020
Assessed improvement
$936,360
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1962
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
8
Total area
5,700 SF
Lot
0.45 ac (19,650 SF)
APN
0441-231-13-0000
UPID
US10-1544351
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1962
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
8
Lot
0.45 ac
Current owner
From public records · entity-resolved
B Adams
Individual
Mailing address
14271 JEFFREY RD #212, IRVINE, CA 92620-3405
Mailing matches property
Yes
Owner-occupied
Yes
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
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
—
B Adams
Rdsb LLC
Grant Deed
—
Jul 28, 2023
—
Rdsb LLC
—
Deed
related
$120,000 · Rsj Assets LLC
Sep 23, 2021
$950,000
Rdsb LLC
Rashid Qureshi
Grant Deed
$665,000 · Credit Union Of Southern California
Nov 8, 2019
$799,000
Rashid Qureshi
White Star Capital LLC
Grant Deed
$599,250 · Seacoast Commerce Bank
Mar 21, 2018
—
White Star Capital LLC
—
Deed
related
$218,000 · Molinarolo Bruno Trust (pt)
Mar 15, 2018
$550,000
White Star Capital LLC
Petrusan,alex V & Sylvia
Grant Deed
$460,000 · Homequity Fndg 401k P/tr (ct)
Dec 10, 2014
—
Alex V Petrusan
Sigel,ashley C
Grant Deed
—
Nov 26, 2014
—
Ashley C Sigel
Sigel,ashley C
Quit Claim Deed
related
—
Dec 22, 2010
$125,000
Ashley C Sigel
Sigel,jerry A
Grant Deed
related
—
Dec 10, 2007
—
Barbara A Rios
Maverick Capital Partners LLC
Grant Deed
—
Oct 26, 2007
—
Maverick Capital Partners LLC
Rios,barbara
Quit Claim Deed
related
—
Feb 18, 2005
—
Barbara Rios
Sigel,astrid K
Quit Claim Deed
related
—
Feb 17, 2005
—
Barbara Rios
Rios,barbara
Quit Claim Deed
related
—
Jul 11, 2003
$60,000
Barbara Rios
Boxer,g G
Grant Deed
—
Apr 30, 2003
$285,000
G G Boxer
Rios,barbara A
Grant Deed
—
Jan 30, 2001
$60,727
Barbara A Rios
Hove,robert E & Barbara A
Grant Deed
$25,000 · Seller
Nov 14, 1997
—
Robert E Hove
Hove,jonathan D & Dawn M
Quit Claim Deed
related
—
Sep 7, 1995
—
Jonathan D Etux Hove
Hove,robert E Etal
Quit Claim Deed
related
—
Jun 26, 1995
$121,865
Robert E Hove
D F W Property Associates
Trustees Deed
—
Dec 8, 1994
$13,982
Paul W Cox
D F W Property Associates
Trustees Deed
—
Jul 19, 1988
$94,000
D F W Property A
Hove Robert E
Trustees Deed
$87,000 · Hove Robert E
Jul 19, 1988
—
D F W Property A
Boyd Charles E
Trustees Deed
related
—
—
—
White Star Capital LLC
—
Deed Of Trust
related
$218,000 · Molinarolo Bruno Trust (pt)
—
—
D F W Property A
—
Deed Of Trust
related
$12,500 · Individual
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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