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Property profile & analytics
OFF-MARKET
Estimated value
$41,250,000
Warehouses
1619 11th St Upland, CA 91786-3560
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0970354
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
74,771 SF
Lot
4.25 ac (185,130 SF)
APN
1007-081-01-0000
UPID
US10-0970354
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
by Request
Comparable Approach
Comparable
$43.80M
Blend (final)
Blend
$41.25M
Owner & transaction history
Mhc 209 LLC · 3 yrs held
Mhc 209 LLC
since 2022
Last sale
$38.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$42.2M
+34.3%
Restaurant
$35.1M
+11.8%
Office building
$32.5M
+3.4%
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 Upland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upland 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
$43,800,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$31,445,000
Current use
COMMERCIAL (GENERAL)
$42,235,000
Change: +34% · Conversion: Difficult
RESTAURANT
$35,145,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$32,505,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$29,915,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$41.25M
Range $37.13M – $45.38M · ±10% · vs last sale $38.70M (Oct 17 2022)
Last sale anchor
$38.70M
Oct 17 2022
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
$552 / 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
$178,527
Tax year 2024
Assessed value
$16,824,900
Assessed 2024
Previous assessed
$16,824,900
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$7,517,400
Assessed improvement
$9,307,500
Applied tax rate
8.0000
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
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
627
Total area
74,771 SF
Lot
4.25 ac (185,130 SF)
APN
1007-081-01-0000
UPID
US10-0970354
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
$31.4M
COMMERCIAL (GENERAL)
Est. value
$42.2M
RESTAURANT
Est. value
$35.1M
OFFICE BUILDING
Est. value
$32.5M
INDUSTRIAL (GENERAL)
Est. value
$29.9M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
627
Lot
4.25 ac
Current owner
From public records · entity-resolved
Mhc 209 LLC
Entity
Mailing address
41 E FLATBUSH AVE STE 3C, BROOKLYN, NY 11217-1145
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
—
Miec 209 11th Street Upland Ca LLC
—
Deed
related
$425,000,000 · Goldman Sachs Bank USA
Oct 17, 2022
$38,700,000
Mhc 209 LLC
Aa U Stor M Of Upland LLC
Grant Deed
$200,000,000 · Citibank NA
Aug 4, 2021
—
Aa U Stor M F Upland LLC
—
Deed
related
$11,250,000 · First Foundation Bank
Sep 7, 2016
—
Aa U Stor M Of Upland LP
—
Deed
related
$8,000,000 · First Foundation Bank
Sep 28, 2006
—
Aa U-stor-m Of Upland LP
Cameron Properties INC
Grant Deed
$7,500,000 · Countrywide Com Real Estate Fin INC
Mar 1, 2004
—
Cameron Properties INC
Sarkaria,daljit S & Elaine
Grant Deed
$3,346,591 · Daljit S & Elaine Sarkaria
May 15, 2001
—
Daljit S Sarkaria
—
Deed Of Trust
related
$3,346,591 · Comerica Bank California
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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