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Property profile & analytics
OFF-MARKET
Estimated value
$215,000
Banks
1900 Proforma Ave Ontario, CA 91761-8507
Entity Owned
Absentee Owner
Free & Clear
Property ID
US10-1502268
Property summary
AI-generated overview
This Ontario, CA warehouse offers 1,000-5,000 square feet of flexible industrial space for lease in a multi-tenant building. Located at 1900 S Proforma Ave, Ontario, CA 91761, in San Bernardino County, this property features two loading docks and two dock-high doors. The space is suitable for various uses, including light manufacturing and storage, with a minimum lease of 1,000 square feet. Tenants are permitted to work on-site, and woodworking is allowed, provided tenants maintain a clean workspace. One small office space (200-300 sq ft) is available, along with shared common areas. The warehouse operates Monday-Friday, 7 AM to 5 PM, with tours available Monday from 8 AM to 1 PM. Note that utilities are not included, the space is not temperature-controlled, and there are restrictions on automotive work, heavy machinery, and hazardous materials. Third-party logistics (3PL) services are available. The monthly rental rate is $1.65 per square foot. There is one ground-level door in addition to the dock-high doors. Public access is not permitted.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
APN
0211-242-31-1000
UPID
US10-1502268
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
-
Underground Sales, LLC Association Or Organization
-
Sugerloaf Creations Inc Big Box & Wholesale Store
-
Nexen Metals Building Supply Industrial Manufacturer
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HIGHWILD INC (Bike/Boat/Book/etc) Store
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Plastirey Containers Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$215k
Owner & transaction history
LBA & MET PARTNERS IICOMPANY II LLC
LBA & MET PARTNERS IICOMPANY II LLC
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$215k
Range $194k – $237k · ±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
—
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
Applied tax rate
4.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
APN
0211-242-31-1000
UPID
US10-1502268
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
Current owner
From public records · entity-resolved
LBA & MET PARTNERS IICOMPANY II LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2235 FARADAY AVE STE O, CARLSBAD, CA 92008-7215
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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