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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Warehouses
1613 Baker Ave Ontario, CA 91761-8039
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1715692
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2023
Construction
WOOD FRAME
Total area
1,688 SF
Lot
0.93 ac (40,310 SF)
APN
0113-414-46-0000
UPID
US10-1715692
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
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$590k
Owner & transaction history
Lionfish Holdings LLC · 2 yrs held
Lionfish Holdings LLC
since 2023
Last sale
$575,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$745,000
+69.4%
Office building
$735,000
+67.0%
Auto repair, garage
$515,000
+16.9%
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
$545,000
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$440,000
Current use
COMMERCIAL (GENERAL)
$745,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$735,000
Change: +67% · Conversion: Difficult
AUTO REPAIR, GARAGE
$515,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$490,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $575k (Jun 22 2023)
Last sale anchor
$575k
Jun 22 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
$350 / 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
$63,993
Tax year 2024
Assessed value
$5,864,250
Assessed 2024
Previous assessed
$5,864,250
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$2,040,000
Assessed improvement
$3,824,250
Applied tax rate
4.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
5
Total area
1,688 SF
Lot
0.93 ac (40,310 SF)
APN
0113-414-46-0000
UPID
US10-1715692
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
$440,000
COMMERCIAL (GENERAL)
Est. value
$745,000
OFFICE BUILDING
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$515,000
MEDICAL BUILDING
Est. value
$490,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2023
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
5
Lot
0.93 ac
Current owner
From public records · entity-resolved
Lionfish Holdings LLC
Entity
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2023
—
Lionfish Holdings LLC
Robert Riggio
Re-recorded Document
related
$2,868,613 · Chino Commercial Bank NA
Jun 22, 2023
—
Lionfish Holdings LLC
Robert S Riggio
Intrafamily Transfer
related
—
Oct 12, 2021
—
Robert S Riggio
Robert S Riggio
Intrafamily Transfer
related
—
Nov 8, 2019
—
Bat Fish Holdings LLC
—
Grant Deed
related
$1,300,000 · Chino Com'l Bk
Jun 23, 2016
$575,000
Robert S Riggio
Johnston E W & J A Trust
Grant Deed
—
Dec 30, 2015
—
Johnston,e W & J A Trust
Johnston,ellwood W
Affidavit Of Death
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.
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