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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Office Spaces
1945 9th St Upland, CA 91786-5608
Entity Owned
6-yr Hold
Free & Clear
Property ID
US10-1154131
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2008
Construction
WOOD FRAME
Total area
7,830 SF
Lot
0.37 ac (16,300 SF)
APN
1007-652-03-0000
UPID
US10-1154131
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
by Request
CAP Approach
CAP
$975k
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$905k
Owner & transaction history
Second Half Ventures INC · 6 yrs held
Second Half Ventures INC
since 2019
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 Upland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upland 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%
$1,060,000
6.5%
$975,000
7%
$905,000
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$116 / 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
$12,449
Tax year 2023
Assessed value
$1,152,955
Assessed 2024
Previous assessed
$1,130,348
+2.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$156,946
Assessed improvement
$996,009
Applied tax rate
8.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2008
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
8
Total area
7,830 SF
Lot
0.37 ac (16,300 SF)
APN
1007-652-03-0000
UPID
US10-1154131
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
2008
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
8
Lot
0.37 ac
Current owner
From public records · entity-resolved
Second Half Ventures INC
Entity
Free & Clear · 6 yrs held
Mailing address
14160 BRYCE PT, POWAY, CA 92064-6639
Ownership since
2019
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
Oct 11, 2019
—
Second Half Ventures INC
Mutschler Family Trust
Quit Claim Deed
—
Jun 3, 2013
—
Michael J Mutschler
Golden State Bank
Grant Deed
$750,000 · Golden State Bank
Oct 29, 2010
$1,322,518
Golden St. Busn Bk
Fidelity Natl Title Co
Trustees Deed
related
—
May 13, 2005
$285,000
Giuseppe Fusco
Gray Family Trust
Grant Deed
$154,900 · Gray Family Trust
Nov 5, 2004
—
Gray Family Trust
Gray,joseph W & Roberta T
Quit Claim Deed
related
—
Oct 8, 1999
$130,000
Joseph W Gray
Martinez Trust
Grant Deed
$91,000 · Business Bank Of California
Feb 25, 1993
—
James Martinez
—
Deed Of Trust
related
—
Sep 29, 1989
$197,000
James A Martinez
S & R Partnershi
Grant Deed
—
—
—
Joseph W Gray
—
Deed Of Trust
related
$70,000 · Foothill Independent Bank
—
—
Mutschler Family Trust
—
Loan Modification
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.
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