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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Warehouses
2353 Cactus Ave Bloomington, CA 92316-2811
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1523636
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2019
Construction
WOOD FRAME
Total area
2,352 SF
Lot
4.69 ac (204,448 SF)
APN
0258-011-05-0000
UPID
US10-1523636
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
-
Excel Transport Freight Service Logistics Company
-
Chris's Quality Welding General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
$360k
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$530k
Owner & transaction history
Iov 2353 Cactus LLC · 6 yrs held
Iov 2353 Cactus LLC
since 2019
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 Bloomington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomington 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
$715,000
CAP Approach
CAP Return
Estimation
6%
$390,000
6.5%
$360,000
7%
$335,000
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$225 / 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
$130,719
Tax year 2024
Assessed value
$10,718,201
Assessed 2024
Previous assessed
$10,718,201
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$6,473,369
Assessed improvement
$4,244,832
Applied tax rate
6.0000
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2019
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
2
Rooms
5
Bathrooms
1
Total area
2,352 SF
Lot
4.69 ac (204,448 SF)
APN
0258-011-05-0000
UPID
US10-1523636
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
2019
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
2
Rooms
5
Bathrooms
1
Lot
4.69 ac
Current owner
From public records · entity-resolved
Iov 2353 Cactus LLC
Entity
Mailing address
300 N LA SALLE DR STE #5450, CHICAGO, IL 60654-3448
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
—
Iov 2325 Cactus LLC
—
Deed
related
$70,325,000 · Hartford Fire Insurance Company
Mar 2, 2021
—
Iov 2353 Cactus LLC
—
Deed
related
$100,000 · Cibc Bank USA
Feb 5, 2020
—
Iov 2353 Cactus LLC
—
Deed
related
$87,500,000 · Cibc Bank USA
Jul 24, 2019
$9,000,000
Iov 2353 Cactus LLC
Rex 2353 LLC
Grant Deed
—
Apr 19, 2017
—
Rex2353 LLC
—
Deed
related
$2,065,000 · Oxford Bk
Apr 11, 2017
—
Rex2353 LLC
—
Deed
related
$2,065,000 · Oxford Bk
Apr 3, 2017
—
Rex2353 LLC
Rex2353 LLC
Quit Claim Deed
related
$1,682,000 · Cdc Small Busn Fin
Dec 1, 2016
—
Rex2353 LLC
—
Deed
related
$2,065,000 · Oxford Bank
Nov 18, 2016
$4,100,000
Rex2353 LLC
Excel Holdings LLC
Grant Deed
—
May 13, 2009
$1,600,000
Excel Holdings LLC
Bowers Trust
Grant Deed
—
May 9, 2007
—
Bowers Trust
Bowers,andrew S & Ina M
Quit Claim Deed
related
—
Aug 21, 2002
$520,000
Andrew S Bowers
Cornish Construction Co
Grant Deed
$400,000 · Cornish Construction Co
Jan 6, 1993
$275,000
Cornish Const Co INC
Rhyme,fred E
Grant Deed
$25,000 · Individual
—
—
Andrew S Bowers
—
Deed Of Trust
related
$250,000 · Michael & Juliana Iannone
—
—
Rex2353 LLC
—
Loan Modification
related
$2,065,000 · Oxford Bk
—
—
Rex2353 LLC
—
Deed Of Trust
related
$2,065,000 · Oxford Bk
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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