New search
Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Flex space
2205 Highland Ave San Bernardino, CA 92407-6403
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1633788
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,502 SF
Lot
1.17 ac (50,965 SF)
APN
0269-021-10-0000
UPID
US10-1633788
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
$595k
CAP Approach
CAP
$365k
Comparable Approach
Comparable
$371k
Blend (final)
Blend
$535k
Owner & transaction history
Stormtrooper Properties LLC · 7 yrs held
Stormtrooper Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$755,000
+65.1%
Medical building
$725,000
+58.6%
Neighborhood: shopping center
$675,000
+47.6%
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
by Request
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
$395,000
6.5%
$365,000
7%
$335,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$455,000
Current use
COMMERCIAL (GENERAL)
$755,000
Change: +65% · Conversion: Difficult
MEDICAL BUILDING
$725,000
Change: +59% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$675,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$500,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$460,000
Change: +1% · Conversion: Easy
RETAIL STORES
$400,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$214 / 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
$32,754
Tax year 2024
Assessed value
$2,625,045
Assessed 2024
Previous assessed
$2,625,045
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$508,545
Assessed improvement
$2,116,500
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
Off-Market
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
2,502 SF
Lot
1.17 ac (50,965 SF)
APN
0269-021-10-0000
UPID
US10-1633788
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
$455,000
COMMERCIAL (GENERAL)
Est. value
$755,000
MEDICAL BUILDING
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$675,000
AUTO REPAIR, GARAGE
Est. value
$500,000
WAREHOUSE, STORAGE
Est. value
$460,000
RETAIL STORES
Est. value
$400,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
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
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Stormtrooper Properties LLC
Entity
Mailing address
345 W H ST, COLTON, CA 92324-2224
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2021
—
Stormtrooper Properties LLC
—
Deed
related
$1,855,000 · Newtek Small Business Finance LLC
Aug 31, 2020
—
Stormtrooper Properties LLC
—
Deed
related
$1,365,000 · Npi Debt Fund II LP
May 10, 2019
$465,000
Stormtrooper Properties LLC
Minasyan Family Trust
Grant Deed
—
Mar 26, 2007
—
Minasyan Family Trust
Minasyan,gohar & Aram
Quit Claim Deed
related
—
Mar 5, 2007
$500,000
Gohar Minasyan
Berta Delcid Gomez
Grant Deed
$400,000 · Bank Of America NA
Mar 8, 2005
—
Nadim H Hasan
Hasan,nawal N
Quit Claim Deed
related
—
Mar 8, 2005
$190,000
Berta D Gomez
Hasan,nadim H
Grant Deed
$30,000 · Nadim H Hasan
Oct 3, 2003
—
California State
Hasan,nadim H
Grant Deed
related
—
Jul 25, 2000
—
Nadim H Etal Hasan
Palestine Community Cente,
Grant Deed
related
—
—
—
Berta D Gomez
—
Deed Of Trust
related
$125,000 · Laguna Funding Corp
—
—
Berta D Gomez
—
Deed Of Trust
related
$175,000 · Laguna Funding Corp
—
—
Stormtrooper Properties LLC
—
Deed Of Trust
related
$1,365,000 · Npi Debt Fund II LP
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?”
You own 2205 Highland Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
