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Property profile & analytics
OFF-MARKET
Industrial properties
2625 Cedar St Ontario, CA 91761-8530
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1475841
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,588 SF
Lot
0.58 ac (25,450 SF)
APN
0211-242-32-0000
UPID
US10-1475841
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
-
Z Grills Inc Department Store
-
S D Marketing Corporation Advertising Agency Marketing & Advertising
-
Ontario Psychic Spiritual Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Clover Mfg Co Ltd · 1 yrs held
Clover Mfg Co Ltd
since 2025
Last sale
$8.0M
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$16,622
Tax year 2024
Assessed value
$1,544,530
Assessed 2024
Previous assessed
$1,544,530
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$195,893
Assessed improvement
$1,348,637
Applied tax rate
4.0000
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 properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
20,588 SF
Lot
0.58 ac (25,450 SF)
APN
0211-242-32-0000
UPID
US10-1475841
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Clover Mfg Co Ltd
Entity
Mailing address
13489 SLOVER AVE, FONTANA, CA 92337-6985
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2025
$8,000,000
Clover Mfg Co Ltd
Pelenghian Development Co LLC
Grant Deed
—
Jan 29, 2025
—
Pelenghian Development Co LLC
Edward Pelenghian
Deed
related
—
Nov 9, 2017
—
Pelenghian Dev Co LLC
—
Deed
related
$500,000 · Bank Of The West
Feb 6, 2006
—
Pelenghian Dev Co LLC
Pelenghian Family 2000 Trust
Quit Claim Deed
related
—
Mar 1, 2000
$1,025,000
Pelenghian Trust
Uyemura International Corp
Grant Deed
—
Aug 30, 1993
—
Systemsi Uyemura
—
Deed Of Trust
related
—
—
—
Pelenghian Dev Co LLC
—
Deed Of Trust
related
$2,942,000 · Bank Of The West
—
—
Pelenghian Dev Co LLC
—
Deed Of Trust
related
$500,000 · Bank Of The West
—
—
Pelenghian Trust
—
Deed Of Trust
related
$825,000 · Sanwa Bank California
—
—
Pelenghian Dev Co LLC
—
Loan Modification
related
$500,000 · Bank Of The West
—
—
Pelenghian Edward Trust
—
Deed Of Trust
related
$450,000 · Bank Of The West
—
—
Pelenghian Edward Trust
—
Deed Of Trust
related
$805,000 · Bank Of The West
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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