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Property profile & analytics
FOR LEASE
Office Spaces
16048 Tuscola Rd Apple Valley, CA 92307
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-1493335
For Lease
1 / 4
$16.80 SF/Yr
16048 Tuscola Rd, Apple Valley, CA 92307
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1980
Construction
WOOD FRAME
Total area
3,840 SF
Lot
0.36 ac (15,675 SF)
APN
0473-413-04-0000
UPID
US10-1493335
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
-
Garage Door Repair Pro Apple Valley Building Supply General Contractor
-
Guy Burnett - State Farm Insurance Agent Insurance Agency
-
State Farm: DJ Mathews Insurance Agency
-
Cecil and Charlotte Volsch Realtor Real Estate Agency
-
Harris’ Hair Lounge Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$928k
Blend (final)
Blend
$830k
Owner & transaction history
Rava Legacy LLC · 3 yrs held
Rava Legacy LLC
since 2023
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+14.7%
Medical building
$1.1M
+9.0%
Neighborhood: shopping center
$1.0M
+1.4%
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
$860,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,020,000
Current use
AUTO REPAIR, GARAGE
$1,170,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$1,110,000
Change: +9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,035,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$980,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$855,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $725k (May 31 2023)
Last sale anchor
$725k
May 31 2023
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
$8,393
Tax year 2023
Assessed value
$739,500
Assessed 2024
Previous assessed
$714,000
+3.6% YoY
Effective rate
1.13%
On assessed value
Assessed land
$209,100
Assessed improvement
$530,400
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1980
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
6
Total area
3,840 SF
Lot
0.36 ac (15,675 SF)
APN
0473-413-04-0000
UPID
US10-1493335
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
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$980,000
RETAIL STORES
Est. value
$855,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RETAIL STORES
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
1980
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
6
Lot
0.36 ac
Current owner
From public records · entity-resolved
Rava Legacy LLC
Entity
Mailing address
23535 PALOMINO DR #220, DIAMOND BAR, CA 91765-1626
Ownership since
2023
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
May 31, 2023
$725,000
Rava Legacy LLC
Yogi Unlimited LLC
Grant Deed
—
Mar 28, 2022
$700,000
Yogi Unlimited LLC
Daniel Jay Mathews
Grant Deed
—
Jun 6, 2018
$650,000
Daniel Jay Mathews
Jeffrey B Dunn
Grant Deed
$520,000 · State Farm Bank Fsb
Sep 15, 2017
—
Dunn,jeffrey B Family Trust 1991
—
Deed
related
—
Nov 30, 1999
$193,000
Dunn Trust
Schmidt Trust
Grant Deed
$155,434 · Desert Community Bank
Aug 31, 1993
—
Schmidt,elsa Tr
—
Deed Of Trust
related
—
Oct 22, 1992
—
Harold Krajian
—
Deed Of Trust
related
—
—
—
Dunn J B Family 1991 Trust
—
Deed Of Trust
related
$50,000 · Desert Community Bank
—
—
Harold W Krajian
—
Deed Of Trust
related
$79,425 · Schmidt Trust
—
—
Dunn J B Family 1991 Trust
—
Deed Of Trust
related
$142,000 · State Farm Bank Fsb
—
—
Dunn,jeffrey B Family Trust 1991
—
Loan Modification
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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