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Property profile & analytics
OFF-MARKET
Estimated value
$6,680,000
Industrial land
2437 Lilac Ave Bloomington, CA 92316-2945
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-2044916
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1960
Construction
WOOD FRAME
Total area
1,200 SF
Lot
16.69 ac (727,016 SF)
APN
0258-031-10-0000
UPID
US09-2044916
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
$7.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.46M
Blend (final)
Blend
$6.68M
Owner & transaction history
Old Dominion Freight Line INC · 2 yrs held
Old Dominion Freight Line INC
since 2023
Last sale
$6.5M
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
$7,670,000
ML approach
$7,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.68M
Range $6.01M – $7.35M · ±10% · vs last sale $6.45M (Nov 29 2023)
Last sale anchor
$6.45M
Nov 29 2023
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
$5,567 / 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
$92,139
Tax year 2023
Assessed value
$7,454,157
Assessed 2023
Previous assessed
$7,454,157
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$7,454,157
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1960
Construction
WOOD FRAME
Heating
FLOOR FURNACE
Stories
1
Rooms
5
Bathrooms
2
Total area
1,200 SF
Lot
16.69 ac (727,016 SF)
APN
0258-031-10-0000
UPID
US09-2044916
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
1960
Construction
WOOD FRAME
Heating
FLOOR FURNACE
Stories
1
Rooms
5
Bathrooms
2
Lot
16.69 ac
Current owner
From public records · entity-resolved
Old Dominion Freight Line INC
Entity
Free & Clear · 2 yrs held
Mailing address
2180 S WILLOW AVE, BLOOMINGTON, CA 92316-2969
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2023
—
Old Dominion Freight Line INC
Old Dominion Freight Line INC
Intrafamily Transfer
related
—
Jul 16, 2010
$6,450,000
Old Dominion Freight Line INC
Stretch Acquisitions LLC
Grant Deed
—
Jan 8, 2010
$6,450,000
Stretch Acquisitions LLC
Crst Van Expedited INC
Grant Deed
—
Aug 11, 2009
—
Duke Realty
Semi Tropic Land & Water
Quit Claim Deed
related
—
Aug 11, 2009
$4,338,000
Crst Van Expedited INC
Duke Realty
Grant Deed
—
Mar 4, 2008
—
John M Rager
Mcconnell,ruth F
Affidavit Of Death
related
—
Oct 25, 2007
—
Duke Realty
Mcconnell R F Living Trust
Grant Deed
—
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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