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Property profile & analytics
FOR LEASE
Flex space
216 S Arrowhead Ave San Bernardino, CA 92401
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1721692
For Lease
1 / 3
$2,300,000
216 S Arrowhead Ave, San Bernardino, CA 92401
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,026 SF
Lot
0.47 ac (20,328 SF)
APN
0136-132-29-0000
UPID
US10-1721692
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
$2.60M
CAP Approach
CAP
$2.18M
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$2.30M
Owner & transaction history
Singh Kang Amanbir · 2 yrs held
Singh Kang Amanbir
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.0M
+10.3%
Apartment house (5+ units)
$3.0M
+10.0%
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 San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino 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
$2,425,000
ML approach
$2,595,000
CAP Approach
CAP Return
Estimation
6%
$2,365,000
6.5%
$2,180,000
7%
$2,025,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,730,000
Current use
AUTO REPAIR, GARAGE
$3,015,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,005,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.30M (Jul 25 2023)
Last sale anchor
$2.30M
Jul 25 2023
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
$153 / 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
$21,217
Tax year 2024
Assessed value
$1,695,152
Assessed 2024
Previous assessed
$1,695,152
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$437,459
Assessed improvement
$1,257,693
Applied tax rate
7.0000
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
For Lease
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
15,026 SF
Lot
0.47 ac (20,328 SF)
APN
0136-132-29-0000
UPID
US10-1721692
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Singh Kang Amanbir
Individual
Mailing address
3850 DANBURY WAY, FAIRFIELD, CA 94533-6663
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2023
—
Singh Kang Amanbir
Singh Kang Amanbir
Intrafamily Transfer
related
—
Mar 15, 2019
$2,300,000
Singh Kang Amanbir
3200 Myers Street Partners LLC
Grant Deed
$1,495,000 · Private Business Capital
Mar 15, 2019
—
Singh Kang Amanbir
Kaur Kang Gagandeep
Intrafamily Transfer
related
—
Sep 30, 2016
—
3200 Myers Street Partners LLC
—
Deed
related
$700,000 · L & Sons Enterprises INC
Sep 20, 2016
$1,185,000
3200 Myers Street Partners LLC
Martin T J & L S Trust
Grant Deed
—
Nov 22, 2006
—
Martin Timothy J & L S Trust
Martin,timothy J
Quit Claim Deed
related
—
Jul 5, 2005
—
Timothy J Martin
Martin Trust
Quit Claim Deed
related
—
Aug 26, 1992
—
Florence Martin
—
Deed Of Trust
related
—
—
—
3200 Myers Street Partners LLC
—
Deed Of Trust
related
$700,000 · L & Sons Enterprises INC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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