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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Medical Office Space
1600 Bailey Ave Needles, CA 92363-3105
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US10-0987101
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
WOOD FRAME
Total area
5,216 SF
Lot
0.41 ac (18,000 SF)
APN
0185-233-17-0000
UPID
US10-0987101
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
$355k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$515k
Owner & transaction history
Mtk Socal Investments LLC · 13 yrs held
Mtk Socal Investments LLC
since 2012
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 Needles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Needles 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
$355,000
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$620,000
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$99 / 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
$4,989
Tax year 2023
Assessed value
$392,366
Assessed 2024
Previous assessed
$384,672
+2.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$60,364
Assessed improvement
$332,002
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1983
Construction
WOOD FRAME
Heating
NONE
Units
3
Total area
5,216 SF
Lot
0.41 ac (18,000 SF)
APN
0185-233-17-0000
UPID
US10-0987101
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
1983
Construction
WOOD FRAME
Heating
NONE
Units
3
Lot
0.41 ac
Current owner
From public records · entity-resolved
Mtk Socal Investments LLC
Entity
Mailing address
500 N BRAND BLVD STE #2120, GLENDALE, CA 91203-1972
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2012
$510,000
Mtk Socal Investments LLC
A & I Investments LLC
Grant Deed
—
May 7, 2008
$270,000
A & I Investments LLC
Strecker,robert
Grant Deed
—
Apr 6, 2006
$300,000
Robert Strecker
Jensen 1996 Family Trust
Grant Deed
$295,000 · Jensen 1996 Family Trust
Jun 5, 2003
—
Jensen,tr
Jankowski,mary
Grant Deed
related
—
Mar 16, 2000
$150,000
Theodore London
Glen A Tueller Dds Ins Psp
Grant Deed
$205,000 · Jensen Trust
Sep 17, 1998
$308,000
Tueller Trust
El-toukhy,moohamed S & Betty J
Trustees Deed
—
Apr 12, 1994
—
El-toukhy,moham&betty
—
Trustees Deed
related
—
—
—
Mohamed S El-touky
—
Deed Of Trust
related
$396,500 · Glen A Tueller INC P
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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