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Property profile & analytics
OFF-MARKET
Estimated value
$10,700,000
Refrigerated & Cold Storage
2551 Lilac Ave Bloomington, CA 92316-3209
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1483354
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
138,325 SF
Lot
5.83 ac (253,954 SF)
APN
0258-111-38-0000
UPID
US10-1483354
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
-
Lineage Storage Facility Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.89M
Blend (final)
Blend
$10.70M
Owner & transaction history
Lineage Master Re 3 LLC · 9 yrs held
Lineage Master Re 3 LLC
since 2017
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.70M
Range $9.63M – $11.77M · ±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
$77 / 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
$260,320
Tax year 2024
Assessed value
$21,550,010
Assessed 2024
Previous assessed
$21,550,010
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,877,929
Assessed improvement
$19,672,081
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
138,325 SF
Lot
5.83 ac (253,954 SF)
APN
0258-111-38-0000
UPID
US10-1483354
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
5.83 ac
Current owner
From public records · entity-resolved
Lineage Master Re 3 LLC
Entity
Mailing address
46500 HUMBOLDT DR, NOVI, MI 48377-2434
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2019
—
Lineage Master Re 3 LLC
—
Grant Deed
related
—
Apr 10, 2017
—
Lineage Master Re 3 LLC
Lineage Cc Ca Re LLC
Grant Deed
$129,500,000 · Goldman Sachs Mortgage Company
Jun 29, 2012
$17,880,000
Lineage Cc Ca Re LLC
Castle & Cooke Cold Storage LLC
Grant Deed
$100,000,000 · Metropolitan Life Insurance Co
Feb 10, 2004
—
Inland Logistics 2 LLC
Specialty Brands INC
Grant Deed
$2,400,000 · California Bank & Trust
Oct 7, 2002
—
Specialty Brands INC
—
Deed Of Trust
related
$30,000,000 · Harris Trust & Savings Bank Tt
May 8, 1991
$1,195,500
Intl Multifoods
Birtcher Pacific
Grant Deed
—
—
—
Specialty Brands INC
—
Deed Of Trust
related
$30,000 · Savings Bank
—
—
Inland Logistics 2 LLC
—
Deed Of Trust
related
$8,570,000 · California Bank & Trust
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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