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Property profile & analytics
OFF-MARKET
Estimated value
$23,120,000
Distribution centers
1601 Steel Rd, Colton, CA 92324-4001
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1468540
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
161,419 SF
Lot
8.75 ac (380,940 SF)
APN
0276-131-20-0000
UPID
US10-1468540
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
-
Penta Water Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.77M
Comparable Approach
Comparable
$22.50M
Blend (final)
Blend
$23.12M
Owner & transaction history
Bsrep Ill 1601 Steel Road LLC · 5 yrs held
Bsrep Ill 1601 Steel Road LLC
since 2020
Last sale
$22.6M
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 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%
$26,825,000
6.5%
$24,765,000
7%
$22,995,000
Blend value · Realmo final
$23.12M
Range $20.81M – $25.43M · ±10% · vs last sale $22.61M (Nov 10 2020)
Last sale anchor
$22.61M
Nov 10 2020
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
$143 / 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
$291,948
Tax year 2024
Assessed value
$23,991,284
Assessed 2024
Previous assessed
$23,991,284
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$7,269,275
Assessed improvement
$16,722,009
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Total area
161,419 SF
Lot
8.75 ac (380,940 SF)
APN
0276-131-20-0000
UPID
US10-1468540
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Lot
8.75 ac
Current owner
From public records · entity-resolved
Bsrep Ill 1601 Steel Road LLC
Entity
Free & Clear · 5 yrs held
Mailing address
250 VESEY ST FL, NEW YORK, NY 10281-1052
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
—
Bsrep III 1601 Steel Road LLC
—
Deed
related
—
Apr 11, 2022
—
Bsrep III 1601 Steel Road LLC
—
Deed
related
—
Dec 14, 2020
—
Bsrep III 1601 Steel Road LLC
—
Deed
related
$285,587,500 · Pgim R/e Us Debt Fund Seller I
Nov 10, 2020
$22,608,000
Bsrep Ill 1601 Steel Road LLC
Aquatic Adventures LLC
Grant Deed
—
Apr 3, 2009
$9,044,000
Aquatic Adventures LLC
Headlands Realty Corp
Grant Deed
—
Jul 25, 2006
—
City Of Colton
Headlands Realty Corp
Grant Deed
—
Mar 1, 2006
—
Headlands Realty Corp
Transition Properties
Grant Deed
—
Feb 7, 2005
—
Transition Properties
Day,arthur M & Marianne W
Quit Claim Deed
related
—
Apr 16, 2004
$875,000
Arthur M Day
Cramer,tr
Grant Deed
$400,000 · Cramer Trust
Jun 17, 1998
—
William R Cramer
Union Pacific Railroad Co
Grant Deed
$416,670 · Farm Credit Svc Southern Calif
—
—
Bsrep III 1601 Steel Road LLC
—
Deed Of Trust
related
$285,587,500 · Pgim R/e Us Debt Fund Seller I
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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