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Property profile & analytics
OFF-MARKET
Industrial properties
1643 Grv Ave Ontario, CA 91761-4528
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-1540155
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,000 SF
Lot
1.67 ac (72,745 SF)
APN
0113-361-26-0000
UPID
US10-1540155
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ac 1643 Grove Avenue LLC · 3 yrs held
Ac 1643 Grove Avenue LLC
since 2022
Last sale
$9.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Total area
14,000 SF
Lot
1.67 ac (72,745 SF)
APN
0113-361-26-0000
UPID
US10-1540155
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
Building & site characteristics
From public records
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Ac 1643 Grove Avenue LLC
Entity
Mailing address
4890 W KENNEDY BLVD STE #200, TAMPA, FL 33609-1870
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2024
—
Ac 1643 Grove Avenue LLC
—
Deed
related
$37,000,000 · Valley Bank
Nov 1, 2022
$9,535,000
Ac 1643 Grove Avenue LLC
1643 Grove Avenue LLC
Grant Deed
—
May 23, 2017
—
1643 Grove Avenue LLC
Hubbs Trust
Quit Claim Deed
—
Apr 21, 2017
—
Hubbs Trust
Hubbs Donald & Flora Trust
Quit Claim Deed
related
—
Aug 4, 2016
—
Hubbs,donald & Flora Trust
Hubbs,flora M
Affidavit Of Death
related
—
Jun 20, 2007
—
Hubbs Donald & Flora Trust
Hubbs,donald H & Flora M
Quit Claim Deed
related
—
Jun 18, 2007
—
Donald H Hubbs
Grumet Alfred I & J M
Grant Deed
—
May 12, 2005
—
Michael R Grumet
Grumet,heidi J
Affidavit Of Death
related
—
Jul 19, 2004
—
Grumet,tr
Grumet,tr
Quit Claim Deed
related
—
Nov 2, 2001
$183,000
Grumet,alfred I Tr
Grumet,erwin
Grant Deed
related
—
Mar 12, 1993
$180,000
Jack Olsen
Grumdmeir,cory
Grant Deed
$165,500 · Norwest Mortgage INC
Feb 1, 1990
$944,000
Grumet Alfred I
Mid Exchange INC
Trustees Deed
related
—
Feb 1, 1990
—
Mid Exchange INC
Grove Avenue Pro
Trustees Deed
related
—
Aug 14, 1989
—
Ave Proper Grove
Natl Distributio
Quit Claim Deed
related
—
—
—
Jack Olsen
—
Deed Of Trust
related
$19,862 · Investors Thrift
—
—
Grumet Trust
—
Deed Of Trust
related
$230,000 · Pacific Liberty Bank
—
—
Grumet Trust
—
Deed Of Trust
related
$230,000 · California State Bank
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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