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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Medical Office Space
18660 Us Hwy 18 Apple Valley, CA 92307-2316
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1466949
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Construction
WOOD FRAME
Total area
5,490 SF
Lot
1.47 ac (64,033 SF)
APN
0473-081-12-0000
UPID
US10-1466949
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
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.23M
Owner & transaction history
Nayyar Family Partnership I L P · 4 yrs held
Nayyar Family Partnership I L P
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+5.2%
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 Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley 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
$1,280,000
ML approach
$1,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,590,000
Current use
AUTO REPAIR, GARAGE
$1,670,000
Change: +5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,480,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,455,000
Change: -8% · Conversion: Easy
WAREHOUSE, STORAGE
$1,400,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.20M (Jul 13 2022)
Last sale anchor
$1.20M
Jul 13 2022
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
$224 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,924
Tax year 2023
Assessed value
$1,224,000
Assessed 2024
Previous assessed
$1,200,000
+2.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$265,200
Assessed improvement
$958,800
Applied tax rate
21.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Total area
5,490 SF
Lot
1.47 ac (64,033 SF)
APN
0473-081-12-0000
UPID
US10-1466949
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
MEDICAL BUILDING Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2000
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
Nayyar Family Partnership I L P
Entity
Mailing address
16659 MUNI RD, APPLE VALLEY, CA 92307-1375
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2022
$1,200,000
Nayyar Family Partnership I L P
Rnlina Properties LLC
Grant Deed
—
May 17, 2006
—
Rnlina Properties LLC
Jones Family Trust
Grant Deed
—
Sep 1, 1999
—
Richard F Jones
—
Grant Deed
related
$690,000 · Desert Community Bank
Dec 4, 1998
$155,000
Richard F Jones
Jbl Investments INC
Grant Deed
$109,000 · Desert Community Bank
Mar 20, 1991
$1,000
North American M
Infinite Medical
Grant Deed
related
—
Feb 12, 1990
$1,260,000
Prasad Jeereddi
Royal Accommodat
Trustees Deed
—
Feb 12, 1990
—
Prasad Jeereddi
Jeereddi Sudathi
Quit Claim Deed
related
$626,000 · Su Esther J
—
—
Prasad Jeereddi
—
Deed Of Trust
related
$192,912 · Royal Accommodat
—
—
Richard F Jones
—
Deed Of Trust
related
$495,000 · Zions First National Bank
—
—
Richard F Jones
—
Deed Of Trust
related
$268,000 · Desert Community 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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