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1710 Sessums Dr Redlands, CA 92374-1909

OFF-MARKET Flex space Google Maps
1,222 SF 2.95 ac lot Built 1946
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$355k
Range $320k – $391k (±10%)
Property ID US10-1542616

Property summary

AI-generated overview

This exceptional Redlands investment opportunity encompasses a thriving brewery restaurant, a 15-unit apartment complex, and a single-family home, all situated on a 2.95-acre lot totaling 17,842 square feet. The brewery restaurant is a fully operational, modern establishment with state-of-the-art brewing equipment, a fully equipped kitchen, and ample indoor and outdoor seating, attracting a loyal customer base. Adjacent to the brewery is a well-maintained 15-unit apartment complex, featuring a mix of studio and one-bedroom units, boasting strong occupancy rates and recent upgrades. Completing this unique portfolio is a charming single-family home, perfect for owner-occupancy or as an additional rental unit, offering modern amenities and a private yard. This prime Redlands location offers high foot traffic and visibility, providing diverse income streams and significant growth potential in a rapidly developing area. The synergy of these three properties presents a compelling investment opportunity with strong demand for both commercial and residential spaces. This package offers a chance to diversify your portfolio while capitalizing on the combined strengths of a brewery, apartments, and a single-family residence.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1946
Construction WOOD
Total area 1,222 SF
Lot 2.95 ac (128,336 SF)
APN 0168-041-58-0000
UPID US10-1542616

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility Brewery & Distillery
  • Bbq Area
  • Production Facility Brewery & Distillery

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2015
3 recorded transactions
2015
$4.6M
2014
Price N/A
1969
Price N/A

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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