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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Office Spaces
16279 Walnut St, Hesperia, CA 92345-3622
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1488702
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1966
Construction
WOOD FRAME
Total area
2,644 SF
Lot
0.44 ac (19,080 SF)
APN
0413-083-09-0000
UPID
US10-1488702
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
-
Adam Brasket Physician
-
Fady Boules Physician
-
Dr. Syam Kunam Physician
-
Warren Brenda L Counselor Doctor
-
Madgulkar Jaidev Counselor Doctor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$555k
Owner & transaction history
Srbn Hesperia Holdings LLC · 2 yrs held
Srbn Hesperia Holdings LLC
since 2023
Last sale
$480,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$805,000
+30.3%
Medical building
$765,000
+23.9%
Neighborhood: shopping center
$710,000
+15.2%
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 Hesperia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hesperia 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
$570,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$620,000
Current use
AUTO REPAIR, GARAGE
$805,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$765,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$710,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$585,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $480k (Jul 7 2023)
Last sale anchor
$480k
Jul 7 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
$210 / 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
$4,480
Tax year 2023
Assessed value
$480,000
Assessed 2024
Previous assessed
$401,832
+19.5% YoY
Effective rate
0.93%
On assessed value
Assessed land
$95,000
Assessed improvement
$385,000
Applied tax rate
20.0000
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
1966
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
YES
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
2,644 SF
Lot
0.44 ac (19,080 SF)
APN
0413-083-09-0000
UPID
US10-1488702
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
$620,000
AUTO REPAIR, GARAGE
Est. value
$805,000
MEDICAL BUILDING
Est. value
$765,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$710,000
RETAIL STORES
Est. value
$585,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1966
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
7
Bathrooms
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Srbn Hesperia Holdings LLC
Entity
Mailing address
714 SHOEMAKER DR, LIVERMORE, CA 94551-6900
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2023
$480,000
Srbn Hesperia Holdings LLC
Anne Kunatham Nguyen
Grant Deed
$288,000 · First Citizens Bank & Trust Co
Feb 12, 2019
—
St Grantor 9 Walnut 1627 Trust
Nguyen,daniel P T
Quit Claim Deed
related
—
Oct 24, 2018
—
Daniel P T Nguyen
Nguyen,richard L T
Quit Claim Deed
related
—
Dec 20, 2016
—
Davio Trust
Davio,vicki L
Quit Claim Deed
related
—
Dec 20, 2016
$360,000
Richard L T Nguyen
Inland Management LLC
Grant Deed
—
Jan 6, 2014
$200,000
Inland Management LLC
Donald A Davio JR
Grant Deed
$160,000 · Jpmorgan Chase Bank NA
Oct 20, 2000
$120,000
Davio Trust
Franaway Trust
Grant Deed
$70,000 · Bank Of America
Nov 17, 1995
—
Dan W Etal Fransway
Fransway,dan W Etux
Quit Claim Deed
related
—
Oct 29, 1993
$90,500
Dan W Fransway
Anderson,tommy L
Grant Deed
$70,400 · First Federal Savings & Loan
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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