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Property profile & analytics
OFF-MARKET
Estimated value
$13,925,000
Distribution centers
2036 Miguel Bustamante Pkwy, Colton, CA 92324-3328
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1508033
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
124,588 SF
Lot
5 ac (217,852 SF)
APN
0260-191-03-0000
UPID
US10-1508033
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
$10.01M
CAP Approach
CAP
$19.12M
Comparable Approach
Comparable
$16.06M
Blend (final)
Blend
$13.93M
Owner & transaction history
Hart Agua Mansa LLC · 5 yrs held
Hart Agua Mansa LLC
since 2021
Last sale
$12.5M
2 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 Colton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colton 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
$14,635,000
ML approach
$10,010,000
CAP Approach
CAP Return
Estimation
6%
$20,705,000
6.5%
$19,115,000
7%
$17,750,000
Blend value · Realmo final
$13.93M
Range $12.53M – $15.32M · ±10% · vs last sale $12.50M (Jan 21 2021)
Last sale anchor
$12.50M
Jan 21 2021
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
$112 / 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
$207,944
Tax year 2024
Assessed value
$17,117,285
Assessed 2024
Previous assessed
$17,117,285
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$5,443,997
Assessed improvement
$11,673,288
Applied tax rate
2.0000
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
Off-Market
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
124,588 SF
Lot
5 ac (217,852 SF)
APN
0260-191-03-0000
UPID
US10-1508033
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
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
5 ac
Current owner
From public records · entity-resolved
Hart Agua Mansa LLC
Entity
Free & Clear · 5 yrs held
Mailing address
191 N WACKER DR STE #2500, CHICAGO, IL 60606-1885
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2021
$125,000,000
Hart Agua Mansa LLC
Ipt Agua Mansa Cmrc Ctr LLC
Grant Deed
—
Dec 18, 2017
$68,212,500
Ipt Agua Mansa Commerce Center LLC
Amb Holdco LLC
Grant Deed
$300,000,000 · Regions Bank
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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