New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,275,000
Refrigerated & Cold Storage
1559 Steel Rd, Colton, CA 92324-4002
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1230310
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
59,600 SF
Lot
4.1 ac (178,692 SF)
APN
0164-212-10-0000
UPID
US10-1230310
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
-
Gourmet Foods Intl Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.15M
Comparable Approach
Comparable
$10.47M
Blend (final)
Blend
$12.28M
Owner & transaction history
Gfi Colton LLC · 9 yrs held
Gfi Colton LLC
since 2017
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$18.1M
+11.8%
Commercial (general)
$18.1M
+11.3%
Medical building
$17.2M
+6.2%
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 Colton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colton 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%
$9,905,000
6.5%
$9,145,000
7%
$8,490,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,235,000
Current use
AUTO REPAIR, GARAGE
$18,145,000
Change: +12% · Conversion: Easy
COMMERCIAL (GENERAL)
$18,075,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$17,245,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$16,045,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$12.28M
Range $11.05M – $13.50M · ±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
$206 / 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
$153,644
Tax year 2024
Assessed value
$12,637,524
Assessed 2024
Previous assessed
$12,637,524
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$3,072,138
Assessed improvement
$9,565,386
Applied tax rate
2.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
59,600 SF
Lot
4.1 ac (178,692 SF)
APN
0164-212-10-0000
UPID
US10-1230310
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
$16.2M
AUTO REPAIR, GARAGE
Est. value
$18.1M
COMMERCIAL (GENERAL)
Est. value
$18.1M
MEDICAL BUILDING
Est. value
$17.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$16.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
4.1 ac
Current owner
From public records · entity-resolved
Gfi Colton LLC
Entity
Mailing address
255 TED TURNER DR SW, ATLANTA, GA 30303-3705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
May 12, 2020
—
Gfi Colton LLC
—
Deed
related
$60,000,000 · Jp Morgan Chase Bk
Aug 27, 2019
—
Gfi Colton LLC
—
Loan Modification
related
$18,000,000 · Jp Morgan Chase Bk
Feb 27, 2017
$7,450,000
Gfi Colton LLC
Cdre Holdings 8 LLC
Grant Deed
$5,960,000 · Jpmorgan Chase Bank NA
Mar 31, 2016
$2,000,000
Cdre Holdings 8 LLC
Transition Properties LP
Grant Deed
—
Sep 7, 2004
—
Arthur M Day
Mct LLC
Grant Deed
related
—
—
—
Gfi Colton LLC
—
Loan Modification
related
$60,000,000 · Jp Morgan Chase Bk
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 1559 Steel 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.
