Financial
Distress signals
Property profile

1645 W Park Ave Redlands, CA 92373

FOR LEASE
Distribution centers
Property ID
US10-1515880
40,801 SF 2.11 ac lot Built 2017
Last sale Dec 2022 · $8,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1645 W Park Ave, Redlands, CA 92373 For Lease
$9,870,000 20,400 SF available
1645 W Park Ave, Redlands, CA 92373
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Property summary

AI-generated overview

This exceptional Class A industrial warehouse offers 20,400 square feet of immediately available space for sublease, extending through July 2027. Located in a prime EV/IC zoned area, this single-tenant building boasts a total of 40,800 square feet and is part of a larger, 2017-constructed complex. The warehouse features a striking high-image design, complemented by a 25-foot clear ceiling height, providing ample vertical storage capacity. Efficient operations are ensured with two dock-high

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$100k
Tax billed · 2024
Assessed value$8.47M
Assessed land$2.54M
Assessed improvement$5.93M
Effective rate1.18%

Value estimate

· Sep 2026
$9.87M
$8.88M – $10.86M
AI approach$9.87M
CAP approach$6.26M
Sales comparison$6.16M
NOI build-up
Gross scheduled income$255k
Vacancy & credit loss−$15k
Operating expenses−$72k
NOI · 16,921,414.14% cap applied$168k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
County average, outlier-cleaned · 590 recorded sales of this use type
Observed band · Q1–Q3$142 – $472
Qualifying comparables3

Cap rate analysis

How does the asset earn?
16,921,414.14%
$168k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN BERNARDINO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.1
Kitchen & Bath10.7
Garden Center9.9

Location

1645 W Park Ave Redlands, CA 92373
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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