Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2459 Almond Ave Redlands, CA 92374-2047

    • Distribution centers
    • 147,182 SF
    • 7.17 lot acres
    OFF-MARKET
    Value Estimations
    $19,530,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1217489
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • OnTrac / Shipping Company / Freight Service
    • Car Detailing / Car Wash

    Property Details for 2459 Almond Ave

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    7.17 lot acres
    Property size
    147,182 SF
    Property type
    Distribution centers
    APN
    0167-451-09-0000
    APU
    167451090000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $24,460,000
      6.5%
      $22,580,000
      7%
      $20,965,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Redlands
    County
    San Bernardino
    State
    California
    Longitude
    -117.24
    Latitude
    34.0735
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $218,934
    $3,216,607
    $15,386,100
    $18,602,707
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      32,833 SF

      1135 Research Dr

      Distribution properties • 32,833 SF
      1135 Research Dr, Redlands, CA 92374
      View Details
    • Value Estimation by Request
      54.70 Acres

      9180 Alabama St

      DISTRIBUTION WAREHOUSE • 54.70 Acres
      9180 Alabama St, Redlands, CA 92374-1504
      View Details
    • Value Estimation
      $4,735,000
      43,909 SF

      26858 Almond Ave

      DISTRIBUTION WAREHOUSE • 43,909 SF
      26858 Almond Ave, Redlands, CA 92374-2013
      View Details
    • Value Estimation
      $8,140,000
      104,072 SF

      2470 Lugonia Ave

      DISTRIBUTION WAREHOUSE • 104,072 SF
      2470 Lugonia Ave, Redlands, CA 92374-5003
      View Details
    • Value Estimation
      $9,795,000
      125,286 SF

      1480 Mtn Vw Ave

      DISTRIBUTION WAREHOUSE • 125,286 SF
      1480 Mtn Vw Ave, Redlands, CA 92374-5002
      View Details
    • Value Estimation
      $12,680,000
      99,582 SF

      1450 Mtn Vw Ave

      DISTRIBUTION WAREHOUSE • 99,582 SF
      1450 Mtn Vw Ave, Redlands, CA 92374-5002
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      49,510 SF

      Industrial Buildings on Improved Land

      Five commercial/industrial buildings on approximately 2.70 acres.
      1700 E Colton Ave, Redlands, CA 92374
      View Details
    • $525,000
      580 SF

      New Curb\/Gutter\/Sidewalk

      Includes 580 SF SFR\/Office & \u00c2\u00b120' x \u00c2\u00b175' Canopy
      724 Wabash Ave, Redlands, CA 92374
      View Details
    • $10,256,750
      410,771 SF

      Redlands Industrial Yard - 5.86 Acres

      Spacious Industrial Lot, Freeway Access, Zoned
      1700 Sessums Dr, Redlands, CA 92374
      View Details
    • $830,000
      2,446 SF

      Redlands Commercial Property with Warehouse

      Commercial property featuring office/residential space and warehouse.
      519 E Stuart Ave, Redlands, CA 92374
      View Details
    • $550,000
      1,170 SF

      1730 Sessums Dr, Redlands, CA 92374

      Mixed-use properties • 1,170 SF
      1730 Sessums Dr, Redlands, CA 92374
      View Details
    • Contact for pricing
      6.50 Acres

      Redlands Commercial Land - 6.5 Acres

      Prime Redlands commercial land, freeway access.
      0 Nec San Bernardino Ave & Texas St, Redlands, CA 92374
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      32,833 SF

      Redlands Industrial Space For Lease

      Large Manufacturing/Distribution Facility Available
      1135 Research Dr, Redlands, CA 92374
      View Details
    • Contact for pricing
      28,795 SF

      Redlands Warehouse Space For Lease

      Modern warehouse, 6,175 sq ft available.
      2351 Lugonia Ave, Redlands, CA 92374
      View Details
    • Contact for pricing
      1,237 SF

      Redlands Flex Space For Lease

      1,237 SF Flex/Warehouse in Redlands, CA
      922 New York St, Redlands, CA 92374
      View Details
    • Contact for pricing
      356,791 SF

      Redlands Distribution Facility Available

      State-of-the-art distribution facility with 40' clear height.
      1101 California St, Redlands, CA 92374
      View Details
    • Contact for pricing
      674,270 SF

      Redlands Distribution Center with Yard

      Large industrial space with office, dock doors, and secured yard.
      9712 Almond Ave, Redlands, CA 92374
      View Details
    • Contact for pricing
      104,072 SF

      Redlands Freestanding Warehouse Sublease Opportunity

      Available for sublease through May 31, 2027 in Redlands.
      2470 W Lugonia Ave, Redlands, CA 92374
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2459 Almond Ave
    Redlands, CA 92374-2047
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!