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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Flex space
16590 Ceres Ave Fontana, CA 92335-4667
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1476964
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,500 SF
Lot
0.47 ac (20,471 SF)
APN
0191-251-19-0000
UPID
US10-1476964
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
-
Fontana Concrete Company Construction Company General Contractor
-
Allison LLC Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$855k
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.08M
Owner & transaction history
Platinum Empire Unlimited INC · 6 yrs held
Platinum Empire Unlimited INC
since 2020
Last sale
$935,000
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 Fontana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fontana 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$925,000
6.5%
$855,000
7%
$790,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,780,000
Current use
AUTO REPAIR, GARAGE
$1,675,000
Change: -6% · Conversion: Easy
MEDICAL BUILDING
$1,590,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $935k (Apr 17 2020)
Last sale anchor
$935k
Apr 17 2020
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
$195 / 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
$10,601
Tax year 2024
Assessed value
$1,002,510
Assessed 2024
Previous assessed
$1,002,510
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$380,632
Assessed improvement
$621,878
Applied tax rate
10.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
5,500 SF
Lot
0.47 ac (20,471 SF)
APN
0191-251-19-0000
UPID
US10-1476964
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Platinum Empire Unlimited INC
Entity
Mailing address
PO BOX 27621, SAN DIEGO, CA 92198-1621
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2020
$935,000
Platinum Empire Unlimited INC
Jorge Torres
Grant Deed
$654,500 · Fidelity National Title Company
Dec 6, 2019
$700,000
Jorge Torres
Besorat Fund 17 LLC
Grant Deed
—
Jul 17, 2019
—
Besorat Fund 17 LLC
Besorat Fund 17 LLC
Quit Claim Deed
related
—
Jul 12, 2019
$420,000
Besorat Fund 17 LLC
Ie Business Solutions For|platinum Empire Unlimite
Trustees Deed
related
—
May 30, 2017
—
Platinum Empire Unlimited INC
—
Deed
related
$156,250 · Happy Rock Merchant Solutions
Oct 29, 2013
$398,000
Platinum Empire Unlimited INC
Ceres 5 INC
Grant Deed
$278,000 · Ceres 5 INC
Jul 26, 2011
$180,536
Ceres 5 INC
Golden State Foreclosure
Trustees Deed
related
—
May 5, 2009
—
Denis A Centeno
Centeno,franklin
Quit Claim Deed
related
—
Apr 6, 2009
—
Denis A Centeno
Centeno,lillyam
Quit Claim Deed
related
$687,000 · Ceres 5 INC
Mar 16, 2006
—
Leland L Schwartz II
Fitzgerald,jim & Linda
Grant Deed
—
Mar 16, 2006
$810,000
Franklin Centeno
Leland L Schwartz II
Grant Deed
$600,000 · Ceres 5 INC
Jan 17, 2002
—
Leland L Etal Schwartz
Schwartz,leland L
Quit Claim Deed
related
—
Nov 15, 2001
—
Leland Etal Schwartz
Schwartz,leland
Quit Claim Deed
related
—
Jun 24, 1998
—
Leland L Schwartz
Schwartz,sara J
Quit Claim Deed
related
—
—
—
Platinum Empire Unlimited INC
—
Deed Of Trust
related
$156,250 · Happy Rock Merchant Solutions
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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