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Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Distribution centers
24147 6th St San Bernardino, CA 92410-4573
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US10-1240368
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Construction
STEEL FRAME
Total area
24,120 SF
Lot
5.89 ac (256,500 SF)
APN
0279-011-40-0000
UPID
US10-1240368
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
-
United Transmission Exchange Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$2.90M
Owner & transaction history
United Property Development LLC · 10 yrs held
United Property Development LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.8M
+8.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,440,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,825,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±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
$120 / 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
$20,421
Tax year 2024
Assessed value
$1,630,943
Assessed 2024
Previous assessed
$1,630,943
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$600,077
Assessed improvement
$1,030,866
Applied tax rate
107.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Units
1
Total area
24,120 SF
Lot
5.89 ac (256,500 SF)
APN
0279-011-40-0000
UPID
US10-1240368
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
WAREHOUSE, STORAGE Current
Est. value
$4.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.8M
WAREHOUSE, STORAGE Current
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
1980
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Units
1
Lot
5.89 ac
Current owner
From public records · entity-resolved
United Property Development LLC
Entity
Mailing address
24147 6TH ST, SAN BERNARDINO, CA 92410-4573
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
—
United Property Development LLC
—
Deed
related
$2,000,000 · Pacific Western National Bank
Jun 8, 2020
—
United Property Development LLC
—
Deed
related
$135,000 · Pacific Premier Bank
Mar 4, 2016
—
United Property Development LLC
Karen K Mason
Grant Deed
$1,860,000 · Pacific Premier Bank
Apr 1, 2015
—
Mason,thomas C Living Trust
United Property Dev LLC
Quit Claim Deed
related
—
Jan 27, 2015
—
United Property Dev LLC
Mason Thomas C Trust
Grant Deed
related
—
Dec 10, 2004
—
Mason,thomas C Trust
Thomas C Mason
Quit Claim Deed
related
—
Jul 13, 1989
$353,500
Kelly Raymond R
D&s Services Jin
Trustees Deed
$600,000 · Sacks Harry B
—
—
Thomas C Mason
—
Loan Modification
related
$500,000 · Multibank/western Ma
—
—
Mason,thomas C Living Trust
—
Loan Modification
related
$1,364,900 · Multibank/western Ma
—
—
Thomas C Mason
—
Deed Of Trust
related
$824,000 · Heller Financial
—
—
Mason,thomas C Trust
—
Deed Of Trust
related
$1,365,000 · First Centennial 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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