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Property profile & analytics
FOR LEASE
Distribution centers
1950 Sterling Ave Ontario, CA 91761
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1237571
For Lease
$4,475,000
1950 Sterling Ave, Ontario, CA 91761
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
299,288 SF
Lot
15.17 ac (660,805 SF)
APN
0211-275-34-0000
UPID
US10-1237571
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
-
El Super Distribution Center Warehouse & Storage
-
Bodega Latina Distribution Center 220 Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.48M
Owner & transaction history
Tga Sterling Dc LLC · 6 yrs held
Tga Sterling Dc LLC
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$15 / 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
$411,869
Tax year 2024
Assessed value
$38,492,056
Assessed 2024
Previous assessed
$38,492,056
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$15,600,541
Assessed improvement
$22,891,515
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
299,288 SF
Lot
15.17 ac (660,805 SF)
APN
0211-275-34-0000
UPID
US10-1237571
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
15.17 ac
Current owner
From public records · entity-resolved
Tga Sterling Dc LLC
Entity
Mailing address
PO BOX 30428, CHARLOTTE, NC 28230-0428
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2019
—
Tga Sterling Dc LLC
—
Deed
related
$300,000,000 · Miscellaneous Ins Co
Nov 5, 2019
—
Tga Sterling Dc LLC
Western A West Ca LLC
Quit Claim Deed
—
Nov 12, 2015
—
Western A West Ca LLC
Iit Ontario Sterling Dc LP
Grant Deed
—
Aug 9, 2011
$14,272,000
Ontario-sterling Iit Dc
Fiesta Distribution LLC
Grant Deed
—
Jan 7, 2005
—
Fiesta Distribution LLC
Sv Partners South I
Grant Deed
—
—
—
Sv Partners South
—
Deed Of Trust
related
$7,585,000 · City National Bank
—
—
Tga Sterling Dc LLC
—
Deed Of Trust
related
$300,000,000 · Miscellaneous Ins Co
—
—
Fiesta Distribution LLC
—
Deed Of Trust
related
$4,319,340 · 9th & Waterman San Bernardino
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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