Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,495,000
Warehouses
1775 Palm Ave Highland, CA 92346-2522
Entity Owned
~
Est. High Equity
Property ID
US10-1214403
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
STEEL FRAME
Total area
52,250 SF
Lot
2.81 ac (122,403 SF)
APN
1200-191-06-0000
UPID
US10-1214403
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
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.50M
Owner & transaction history
Extra Space Properties Two LLC
Extra Space Properties Two LLC
since 2025
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 Highland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland 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%
$7,605,000
6.5%
$7,020,000
7%
$6,520,000
Blend value · Realmo final
$6.50M
Range $5.85M – $7.14M · ±10%
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
$124 / 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
$78,393
Tax year 2024
Assessed value
$6,303,827
Assessed 2024
Previous assessed
$6,303,827
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,120,914
Assessed improvement
$4,182,913
Applied tax rate
7.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
374
Total area
52,250 SF
Lot
2.81 ac (122,403 SF)
APN
1200-191-06-0000
UPID
US10-1214403
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
2003
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
374
Lot
2.81 ac
Current owner
From public records · entity-resolved
Extra Space Properties Two LLC
Entity
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
$10,450,000
Extra Space Properties Two LLC
Sparkys Storage 18 Ca LP
Grant Deed
—
May 11, 2018
—
Spark Storage 18 LP
—
Deed
related
$34,000 · Jpmorgan Chase Bank NA
Apr 14, 2015
$5,350,000
Sparkys Storage 18 Ca LP
Netreit Highland LLC
Grant Deed
—
Nov 21, 2012
—
Netreit Highland LLC
Netreit Palm Self Storage LP
Grant Deed
$8,250,000 · Barclays Bank Plc
Nov 6, 2009
—
Netreit Palm Self-storage
Fajardo A & J Trust
Grant Deed
—
Dec 30, 2008
$718,000
Helber Family Trust
Netreit
Grant Deed
$316,374 · Netreit
Dec 9, 2008
$500,000
Fajardo Anthony & Janula Trust
Netreit
Grant Deed
—
Oct 16, 2008
$1,410,000
Fitzgerald Nancy R Trust
Netreit
Grant Deed
—
Nov 19, 2007
$4,825,000
Netreit INC
Palm Ave Self Storage LLC
Grant Deed
—
Jul 8, 2004
—
Palm Ave Self Storage LLC
Palm Ave Self Storage LLC
Quit Claim Deed
related
$2,310,000 · Mission FCU
Jun 3, 2004
—
Palm Ave Self Storage LLC
Phillips,robert L
Quit Claim Deed
related
—
Feb 19, 2004
$300,000
Robert L Phillips
Kurtin,jon R & Linda R
Grant Deed
—
Feb 19, 2004
—
Jon R Kurtin
Palm Ave Self Storage LLC
Quit Claim Deed
related
—
Aug 6, 2002
—
Palm Ave Self Storage LLC
—
Trustees Deed
related
$1,900,000 · Us Bank NA
Jul 10, 2002
—
Ave Self Storage Palm
Const Mgmt Svs Etal
Grant Deed
related
—
Jul 12, 2001
$258,000
Carlson,roy L Tr
Construction Management Svcs
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1775 Palm Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
