Back to Search
Property profile & analytics
OFF-MARKET
Retail space
238 2nd Ave Upland, CA 91786-6002
Trust Owned
5-yr Hold
Free & Clear
Property ID
US10-1480877
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1905
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
960 SF
Lot
0.08 ac (3,600 SF)
APN
1046-403-04-0000
UPID
US10-1480877
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
-
Upland Optical Services Ophthalmologist (Bike/Boat/Book/etc) Store
-
Manjarrez Lou OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Humphrey,w & B Fam Trust · 5 yrs held
Humphrey,w & B Fam Trust
since 2020
Last sale
$245,000
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 Upland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,903
Tax year 2023
Assessed value
$259,996
Assessed 2024
Previous assessed
$254,898
+2.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$90,203
Assessed improvement
$169,793
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1905
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Total area
960 SF
Lot
0.08 ac (3,600 SF)
APN
1046-403-04-0000
UPID
US10-1480877
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
1905
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Humphrey,w & B Fam Trust
Trust
Free & Clear · 5 yrs held
Mailing address
5910 BERYL ST, RANCHO CUCAMONGA, CA 91737-2808
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2020
$245,000
Humphrey,w & B Fam Trust
Clark Family Living Trust
Grant Deed
—
Oct 20, 2010
$125,000
Robert Clark
Golden State Bank
Grant Deed
$100,000 · Golden State Bank
Sep 13, 2010
$163,320
Golden St. Bk
Fidelity Natl Default
Trustees Deed
related
—
Mar 20, 2007
—
Mark W Hill
Hill Bill M Family Trust
Quit Claim Deed
related
—
Mar 13, 1998
$70,000
Bill M Hill
Dempsey,anita V
Grant Deed
—
Feb 20, 1998
—
Anita V Dempsey
Scates,stanley O Etal
Grant Deed
related
—
Sep 20, 1988
$50,000
Stanley O Scates
Freehling Fred W
Grant Deed
$42,500 · Freehling Fred W
—
—
Stanley O Scates
—
Deed Of Trust
related
$15,000 · Donald D Fant Psp
—
—
Clark Family Living Trust
—
Loan Modification
related
—
—
—
Stanley O Scates
—
Deed Of Trust
related
$13,500 · Chino Valley 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.
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 238 2nd 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.
