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Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Industrial properties
1893 Capri Ave, Mentone, CA 92359-1260
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-0845068
Property summary
AI-generated overview
This exceptional industrial property, located at 1893 Capri Ave in Mentone, California (zip code 92359), offers a total of 14,630 square feet of warehouse space across two single-story buildings. The property sits on a 1.25-acre lot (54,450 square feet) and boasts a Class C designation. Built in 1940, the buildings feature a 10-foot ceiling height and excellent access with 100 feet of frontage. The property is zoned RS. Currently, there is at least one available unit of 4,360 square feet, with additional smaller units ranging from 600 to 4,300 square feet also available. Each unit includes at least one drive-thru door, providing convenient loading and unloading. The complex offers shared private restrooms and ample parking for tenants. The property's location provides easy access to Mentone Boulevard, a major thoroughfare offering quick connections to San Bernardino. The property's features include two dock-high doors and nine drive-in doors. The Assessor's Parcel Number (APN) is 0298-074-30, and the property is located in San Bernardino County.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1940
Construction
STEEL FRAME
Total area
9,656 SF
Lot
1.25 ac (54,450 SF)
APN
0298-074-30-0000
UPID
US10-0845068
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
$2.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$2.37M
Owner & transaction history
Mentone Beach Heights LLC · 3 yrs held
Mentone Beach Heights LLC
since 2022
Last sale
$2.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.3M
+28.9%
Auto repair, garage
$2.9M
+14.1%
Medical building
$2.8M
+8.4%
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 Mentone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mentone 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
$2,450,000
ML approach
$2,405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,575,000
Current use
COMMERCIAL (GENERAL)
$3,320,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,940,000
Change: +14% · Conversion: Easy
MEDICAL BUILDING
$2,795,000
Change: +8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,600,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,460,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±10% · vs last sale $2.30M (Nov 18 2022)
Last sale anchor
$2.30M
Nov 18 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
$245 / 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
$27,746
Tax year 2024
Assessed value
$2,346,000
Assessed 2024
Previous assessed
$2,346,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$703,800
Assessed improvement
$1,642,200
Applied tax rate
104.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1940
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
7
Total area
9,656 SF
Lot
1.25 ac (54,450 SF)
APN
0298-074-30-0000
UPID
US10-0845068
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
$2.6M
COMMERCIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1940
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
7
Lot
1.25 ac
Current owner
From public records · entity-resolved
Mentone Beach Heights LLC
Entity
Mailing address
PO BOX 807, MENTONE, CA 92359-0807
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2022
$2,300,000
Mentone Beach Heights LLC
Rafael Gutierrez
Grant Deed
$1,167,500 · Harvest Commercial Capital LLC
Nov 18, 2022
—
Rafael Gutierrez
Rafael Gutierrez
Intrafamily Transfer
related
$934,000 · Harvest Commercial Capital LLC
Aug 19, 2014
—
Gutierrez,r & P Family Trust
Gutierrez,rafael
Quit Claim Deed
related
—
Apr 1, 1999
$200,000
Rafael Gutierrez
Thomas L Schworer Enterprises
Grant Deed
$180,000 · Seller
—
—
Rafael Gutierrez
—
Deed Of Trust
related
$80,000 · Thomas L & Barbara Schworer
—
—
Rafael Gutierrez
—
Deed Of Trust
related
$75,000 · Thomas L & Barbara Schworer
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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