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Property profile & analytics
OFF-MARKET
Estimated value
$1,645,000
Office Spaces
1605 D St San Bernardino, CA 92405-4403
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-1561248
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1960
Construction
WOOD FRAME
Total area
8,672 SF
Lot
0.34 ac (15,000 SF)
APN
0145-132-26-0000
UPID
US10-1561248
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
by Request
CAP Approach
CAP
$2.05M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.65M
Owner & transaction history
1605 North D Street LLC · 3 yrs held
1605 North D Street LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.5M
+14.1%
Neighborhood: shopping center
$2.3M
+6.1%
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 San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino 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%
$2,220,000
6.5%
$2,045,000
7%
$1,900,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,200,000
Current use
MEDICAL BUILDING
$2,510,000
Change: +14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,335,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.65M
Range $1.48M – $1.81M · ±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
$190 / 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
$9,992
Tax year 2023
Assessed value
$810,900
Assessed 2024
Previous assessed
$795,000
+2.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$132,600
Assessed improvement
$678,300
Applied tax rate
7.0000
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
Off-Market
Year built
1960
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
10
Rooms
6
Bathrooms
1
Total area
8,672 SF
Lot
0.34 ac (15,000 SF)
APN
0145-132-26-0000
UPID
US10-1561248
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
$2.2M
MEDICAL BUILDING
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
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
1960
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
10
Rooms
6
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
1605 North D Street LLC
Entity
Mailing address
1505 N D ST #11, SAN BERNARDINO, CA 92405-4709
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
—
1605 North D Street LLC
Rise Of A Fallen Angel INC
Grant Deed
$959,000 · Campion Family Non Trust
Mar 31, 2021
$795,000
Rise Of A Fallen Angel INC
Efrain O Alarcon
Grant Deed
$556,500 · Equity Wave Lending
Sep 20, 2018
$685,000
Efrain O Alarcon
Ayala,gilbert A & Maria F
Grant Deed
$513,750 · Gilbert A & Maria F Ayala
Sep 21, 2015
$96,600
Gilbert Ayala
Tax Coll Of San Bernardino County|nabahood Communi
Tax Deed
related
—
Oct 8, 2013
—
Nabahood Community Dev
Nabahood Community Dev
Quit Claim Deed
related
—
Sep 13, 2013
$75,000
Nabahood Community Dev
Price,angie
Grant Deed
$75,000 · Angie Price
Dec 12, 2008
$110,000
Angie Price
Red Carnation Investments LLC
Grant Deed
—
Jul 26, 2007
$440,000
Red Carnation Investments LLC
Milligan Family Trust
Grant Deed
$436,500 · Milligan Family Trust
Nov 26, 1996
$300,000
Milligan Trust
Anderson,garry R
Grant Deed
$85,000 · Individual
May 30, 1995
—
Garry R Etal Anderson
Anderson,garry R
Quit Claim Deed
related
—
Mar 10, 1995
—
Garry R Anderson
Anderson,vicki L
Quit Claim Deed
related
—
Jun 8, 1994
$118,000
Ba Properties INC
Doyle,alan J
Trustees Deed
—
Jul 8, 1991
$10,000
R Y Corp
Diaz,paul R
Grant Deed
—
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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