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Property profile & analytics
OFF-MARKET
Estimated value
$15,040,000
Distribution centers
270 Central Ave San Bernardino, CA 92408-2212
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0627477
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
117,327 SF
Lot
5.24 ac (228,254 SF)
APN
0136-401-11-0000
UPID
US10-0627477
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
-
Alta Marketing Co. Warehouse & Storage
-
Dorji Inc. Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.07M
Comparable Approach
Comparable
$10.13M
Blend (final)
Blend
$15.04M
Owner & transaction history
Haralambos Leasing Central LLC · 8 yrs held
Haralambos Leasing Central LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$23.5M
+9.3%
Apartment house (5+ units)
$23.5M
+9.0%
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 San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino 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%
$21,740,000
6.5%
$20,070,000
7%
$18,635,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$21,530,000
Current use
AUTO REPAIR, GARAGE
$23,535,000
Change: +9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$23,475,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$15.04M
Range $13.54M – $16.54M · ±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
$128 / 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
$179,606
Tax year 2024
Assessed value
$14,462,258
Assessed 2024
Previous assessed
$14,462,258
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,864,827
Assessed improvement
$10,597,431
Applied tax rate
7.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
117,327 SF
Lot
5.24 ac (228,254 SF)
APN
0136-401-11-0000
UPID
US10-0627477
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
WAREHOUSE, STORAGE Current
Est. value
$21.5M
AUTO REPAIR, GARAGE
Est. value
$23.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$23.5M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
5.24 ac
Current owner
From public records · entity-resolved
Haralambos Leasing Central LLC
Entity
Mailing address
26717 PALMETTO AVE, REDLANDS, CA 92374-1513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2018
$12,965,000
Haralambos Leasing Central LLC
Central Xc LLC
Grant Deed
$9,375,000 · Mufg Union Bank NA
Aug 12, 2016
—
Central Xc LLC
—
Trustees Deed
related
$6,435,000 · Farmers & Merchants Bk/lng Bch
Nov 10, 2015
$2,050,000
Central Xc LLC
Central Avenue Ventures LLC
Grant Deed
$1,025,000 · Farmers & Merchants Bank Of Long Be
Oct 10, 2006
—
Central Avenue Ventures LLC
Century Research INC
Quit Claim Deed
—
Oct 16, 1989
$500,000
Century Research
Traina John
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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