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Property profile & analytics
OFF-MARKET
Estimated value
$4,100,000
Office Spaces
1998 Orange Tree Ln Redlands, CA 92374-2841
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-1483497
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1982
Construction
WOOD FRAME
Total area
18,143 SF
Lot
1.76 ac (76,665 SF)
APN
0292-331-08-0000
UPID
US10-1483497
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
-
CENTURY 21 Lois Lauer Realty Real Estate Agency
-
KRISTIN STATON, We Sell Redlands, C21 Lois Lauer Real Estate Agency
-
Penny Smith Realtor Real Estate Agency
-
TIM ADAMS, CENTURY 21 LOIS LAUER REALTY Real Estate Agency
-
Century 21 Lois Lauer - Kristin and David Real Estate Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.96M
Blend (final)
Blend
$4.10M
Owner & transaction history
San Bernardino County Sheriff S Emp · 3 yrs held
San Bernardino County Sheriff S Emp
since 2022
Last sale
$4.0M
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 Redlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redlands 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
$4,260,000
ML approach
$4,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,775,000
Current use
AUTO REPAIR, GARAGE
$5,525,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$5,250,000
Change: -9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,885,000
Change: -15% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,625,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$4.10M
Range $3.69M – $4.51M · ±10% · vs last sale $4.00M (Oct 3 2022)
Last sale anchor
$4.00M
Oct 3 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
$226 / 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
$48,002
Tax year 2023
Assessed value
$4,080,000
Assessed 2024
Previous assessed
$4,000,000
+2.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,020,000
Assessed improvement
$3,060,000
Applied tax rate
5.0000
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
1982
Construction
WOOD FRAME
Heating
NONE
Units
1
Total area
18,143 SF
Lot
1.76 ac (76,665 SF)
APN
0292-331-08-0000
UPID
US10-1483497
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
COMMERCIAL (GENERAL) Current
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
WAREHOUSE, STORAGE
Est. value
$4.6M
COMMERCIAL (GENERAL) Current
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
1982
Construction
WOOD FRAME
Heating
NONE
Units
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
San Bernardino County Sheriff S Emp
Entity
Mailing address
735 E CARNEGIE DR STE #125, SAN BERNARDINO, CA 92408-4200
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2022
$4,000,000
San Bernardino County Sheriff S Emp
Christy L Kelso
Grant Deed
$3,200,000 · C A H P Cu
Oct 3, 2022
—
Christy L Kelso
The Kelso Family Partnership
Intrafamily Transfer
related
—
Dec 20, 2018
—
David L Mcdole SR.
Mcdole,kathleen A
Affidavit Of Death
related
—
Jul 20, 2017
—
The Kelso Family Partnership
—
Deed
related
$2,040,000 · Provident Savings Bank
Dec 2, 2005
—
Russell G Richardson
Richardson Family Trust
Quit Claim Deed
related
$1,312,000 · Vineyard Bank
Jun 1, 2005
$4,450,000
The Kelso Family Partnership
Lois Lauer INC
Grant Deed
$2,250,000 · United Commercial Bank
Feb 8, 2005
$444,500
Richardson Family Trust
Orange Tree Assocs LLC
Grant Deed
—
Jun 11, 1997
$901,000
Lauer Trust
State Farm Mutual Automobile
Grant Deed
$810,000 · Business Bank Of California
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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