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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Grocery and convenience stores
242 7th St Colton, CA 92324-3477
Individually Owned
Free & Clear
Property ID
US10-1477206
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1956
Construction
WOOD
Total area
975 SF
Lot
0.17 ac (7,500 SF)
APN
0163-074-01-0000
UPID
US10-1477206
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
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$347k
Blend (final)
Blend
$575k
Owner & transaction history
Alex Ivan Ramirez
Alex Ivan Ramirez
since 2025
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$425,000
+95.7%
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 Colton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colton 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
$575,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$425,000
Change: +96% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Mar 28 2024)
Last sale anchor
$575k
Mar 28 2024
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
$590 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,154
Tax year 2023
Assessed value
$586,500
Assessed 2024
Previous assessed
$575,000
+2.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$153,000
Assessed improvement
$433,500
Applied tax rate
2.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
5
Bathrooms
2
Total area
975 SF
Lot
0.17 ac (7,500 SF)
APN
0163-074-01-0000
UPID
US10-1477206
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
OFFICE BUILDING
Est. value
$425,000
OFFICE BUILDING
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
1956
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
2
Rooms
5
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Alex Ivan Ramirez
Individual
Free & Clear · 0 yrs held
Mailing address
3530 PORTOLA AVE, LOS ANGELES, CA 90032-2218
Ownership since
2025
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
Sep 19, 2025
—
Alex Ivan Ramirez
The Ramirez Family Trust
Deed
related
—
Mar 28, 2024
—
Alex Ivan Ramirez
Alex I Ramirez
Intrafamily Transfer
related
—
Jul 29, 2022
$575,000
Alex I Ramirez
Colton Investment Properties INC
Grant Deed
$460,000 · Hometown Equity Mortgage
Jul 29, 2022
—
Alex I Ramirez
Natalie Acosta
Intrafamily Transfer
related
—
Sep 8, 2017
—
Angelina Q Perez
Perez,raymond R
Quit Claim Deed
related
—
Sep 8, 2017
$240,000
Colton Investment Props INC
Perez,angelina Q
Grant Deed
—
Jul 15, 2014
—
Black,ken & Linda Trust
Black,linda C
Quit Claim Deed
related
—
Jul 11, 2013
—
Angelina Q Perez
Perez,alfred M
Quit Claim Deed
related
—
Feb 14, 2012
—
Alfred Morales
Morales,jesus
Quit Claim Deed
related
—
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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