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Property profile & analytics
OFF-MARKET
Estimated value
$2,880,000
Flex space
21516 Main St, Grand Terrace, CA 92313-5835
Trust Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0974651
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Construction
STEEL FRAME
Total area
35,592 SF
Lot
4.22 ac (183,823 SF)
APN
1167-111-10-0000
UPID
US10-0974651
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
by Request
Comparable Approach
Comparable
$3.44M
Blend (final)
Blend
$2.88M
Owner & transaction history
Harris Tony & R Living Trust · 19 yrs held
Harris Tony & R Living Trust
since 2007
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 Grand Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Terrace 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
$2.88M
Range $2.59M – $3.17M · ±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
$81 / 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
$46,625
Tax year 2024
Assessed value
$3,849,635
Assessed 2024
Previous assessed
$3,849,635
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,482,578
Assessed improvement
$1,367,057
Applied tax rate
16.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1979
Construction
STEEL FRAME
Heating
NONE
Units
3
Total area
35,592 SF
Lot
4.22 ac (183,823 SF)
APN
1167-111-10-0000
UPID
US10-0974651
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
1979
Construction
STEEL FRAME
Heating
NONE
Units
3
Lot
4.22 ac
Current owner
From public records · entity-resolved
Harris Tony & R Living Trust
Trust
Mailing address
12341 NEWPORT AVED-10, SANTA ANA, CA 92705-3289
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
—
Main Street Recycling LLC
—
Deed
related
$1,600,000 · Farmers & Merchants Bank Of Long Beach
Mar 26, 2021
—
Main Street Recycling LLC
—
Deed
related
$7,000,000 · Farmers & Merchants Bank Of Long Beach
Jun 6, 2013
—
Harris,tony & R Living Trust
—
Deed Of Trust
related
$3,500,000 · Hanmi Bank
Jan 23, 2007
—
Harris Tony & R Living Trust
Harris Living Trust
Quit Claim Deed
related
$2,800,000 · American Security Bank
Aug 9, 2004
—
Harris Trust
Harris,tony R & Roseann
Quit Claim Deed
related
—
Jul 25, 2003
$206,500
Mark Golison
Kassel,tr
Grant Deed
—
Jun 25, 1997
—
Crystal Properti
—
Deed Of Trust
related
—
May 6, 1994
$60,000
Thien K Ng
Rosemont Trust
Grant Deed
—
May 15, 1989
$1,600,000
Ng Htien K & Car
Wessels Robert
Trustees Deed
—
May 15, 1989
$800,000
Rosemont H Nelso
Neil James C
Trustees Deed
$1,000,000 · Guardian Savings & Loan
Aug 31, 1988
—
Robert Wessels
Wessels Linda L
Quit Claim Deed
related
$775,000 · Loma Linda University
Jul 11, 1988
—
Robert J Wessels
—
Deed Of Trust
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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