Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18898 Vly Blvd Bloomington, CA 92316-2229

    • Retail space
    • 3,000 SF
    • 0.16 lot acres
    OFF-MARKET
    Last Sale
    Oct 25, 2023
    $604,000
    Value Estimations
    $690,000
    Show details
    Cap Rate Potential
    6.2%
    Retail space
    Location Intelligence
    Property ID
    US10-1552364
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Direct Line Auto Repair / Auto Repair Shop / Mechanic

    Property Details for 18898 Vly Blvd

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.16 lot acres
    Property size
    3,000 SF
    Property type
    Retail space
    APN
    0253-083-26-0000
    APU
    253083260000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $695,000
      ML approach
      $740,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $715,000
      6.5%
      $660,000
      7%
      $615,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $700,000
      Market price range: $342k - $1.07M
      AI Estimate
      $575,000
      Market price range: $275k - $738k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $665,000
      Current use
      COMMERCIAL (GENERAL)
      $1,030,000
      Change: +55% Conversion: Easy
      AUTO REPAIR, GARAGE
      $915,000
      Change: +37% Conversion: Difficult
      MEDICAL BUILDING
      $870,000
      Change: +30% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $810,000
      Change: +21% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    San Bernardino
    State
    California
    Longitude
    -117.392
    Latitude
    34.0708
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,586
    $350,000
    $254,000
    $604,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      1,264 SF

      18003 Vly Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,264 SF
      18003 Vly Blvd, Bloomington, CA 92316-1954
      View Details
    • Value Estimation
      $425,000
      2,400 SF

      10492 Cedar Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      10492 Cedar Ave, Bloomington, CA 92316-2404
      View Details
    • Value Estimation
      $360,000
      3,200 SF

      10150 Magnolia St

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      10150 Magnolia St, Bloomington, CA 92316-1820
      View Details
    • Value Estimation
      $270,000
      0.26 Acres

      12125 Cedar Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.26 Acres
      12125 Cedar Ave, Bloomington, CA 92316-3761
      View Details
    • Value Estimation
      $285,000
      744 SF

      17977 Vly Blvd

      RETAIL STORES (PERSONAL SERVICES) • 744 SF
      17977 Vly Blvd, Bloomington, CA 92316-1952
      View Details
    • Value Estimation
      $385,000
      3,840 SF

      10163 Magnolia St

      RETAIL STORES (PERSONAL SERVICES) • 3,840 SF
      10163 Magnolia St, Bloomington, CA 92316-1819
      View Details

    Similar Nearby for Sale

    • $749,900
      1,453 SF

      Bloomington Mixed-Use Investment Opportunity

      Mixed-use property with residential and commercial units on Valley Boulevard.
      18245 Valley Blvd, Bloomington, CA 92316
      View Details
    • $5,500,000

      Bloomington Truck & Tractor Facility

      Industrial property with development potential in Bloomington, California.
      11317 Lilac Ave, Bloomington, CA 92316
      View Details
    • $1,600,000
      2,193 SF

      Bloomington Auto Dealership Opportunity

      Established auto dealership on Valley Blvd, operating since 2004.
      838 W Valley Blvd, Bloomington, CA 92316
      View Details
    • $1,900,000
      1,280 SF

      Bloomington Commercial Property For Sale

      M1 light industrial property suitable for trucking or contractor's yard.
      10204 Alder Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      1.97 Acres

      Bloomington Industrial Land - 1.97 Acres

      Prime Commercial/Industrial Land, High Visibility
      19154 Valley Blvd, Bloomington, CA 92316
      View Details
    • $3,585,000
      15 SF

      Rialto Industrial Space Available

      Industrial property featuring offices, shop restroom, and heavy industrial zoning.
      170 Mindanao St | Rialto, Bloomington, CA 92316
      View Details

    Similar Nearby for Lease

    • $3,900 /Mo

      Retail/Office Space Available For Rent

      Retail or office space available for lease at $11/SF/Month.
      10143 Church St, Bloomington, CA 92316
      View Details
    • $15,000 /Mo

      Auto Repair Shop with Bays

      Auto repair shop featuring five bays and ample parking.
      17903 Valley Blvd, Bloomington, CA 92316
      View Details
    • Contact for pricing
      5,187 SF

      Bloomington Commercial Pads for Lease

      Ground lease or build-to-suit pads available in Bloomington, California.
      Swc Santa Ana Ave. & Cedar Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      157,686 SF

      Bloomington Retail Pads - For Lease

      High-traffic retail pads, ideal for QSR & gas.
      0 Cedar Ave, Bloomington, CA 92316
      View Details
    • $1.99 SF/Yr
      17,630 SF

      Bloomington Truck Yard with Buildings

      2.27 acre truck yard with office and repair buildings.
      1960 S Date Ave, Bloomington, CA 92316
      View Details
    • $3,500 /Mo

      Bloomington Commercial Property with Yard

      6,000 SF yard with office space for lease.
      17921 Valley Blvd, Bloomington, CA 92316
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18898 Vly Blvd
    Bloomington, CA 92316-2229
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.